According to GuruFocus updates, these stocks have declined the most since Gurus have bought them.
Petroleo Brasileiro SA Petrobras (PBR, Financial): Down 23% Since Bestinfond (Trades, Portfolio) Bought In the Quarter Ended on 2014-06-30
Bestinfond (Trades, Portfolio) initiated holdings in exploration & production company Petroleo Brasileiro SA Petrobras during the quarter ended 06/30/2014. His purchase prices were between $13.14 and $15.94, with an estimated average price of $14.57. Since then the prices of Petroleo Brasileiro SA Petrobras shares have declined by -23% from the estimated average. Bestinfond (Trades, Portfolio) owned 570,098 shares of Petroleo Brasileiro SA Petrobras as of 06/30/2014.
Petroleo Brasileiro SA Petrobras was incorporated in 1953 to conduct the Brazilian federal government's hydrocarbon activities. Petroleo Brasileiro Sa Petrobras has a market cap of $73.64 billion; its shares were traded at around $11.29 with a P/E ratio of 9.40 and P/S ratio of 0.60. Petroleo Brasileiro Sa Petrobras had an annual average earnings growth of 2.20% over the past 10 years.
Richard Pzena (Trades, Portfolio) bought 77,100 shares in the quarter that ended on 06/30/2014, which is 0.0063% of the $18.01 billion portfolio of Pzena Investment Management LLC. Jean-Marie Eveillard (Trades, Portfolio) owns 200 shares as of 06/30/2014, which accounts for less than 0.01% of the $41.31 billion portfolio of First Eagle Investment Management, LLC. George Soros (Trades, Portfolio) sold out his holdings in the quarter that ended on 06/30/2014.
Deutsche Bank AG (DB, Financial): Down 26% Since Mario Gabelli (Trades, Portfolio) Bought In the Quarter Ended on 2014-06-30
Mario Gabelli (Trades, Portfolio) added to his holdings in Banks company Deutsche Bank AG by 27.74% during the quarter ended 06/30/2014. His purchase prices were between $35.51 and $46.03, with an estimated average price of $41.49. Since then the prices of Deutsche Bank AG shares have declined by -26% from the estimated average. Mario Gabelli (Trades, Portfolio) owned 7,984 shares of Deutsche Bank AG as of 06/30/2014.
Deutsche Bank Aktiengesellschaft is a stock corporation organized under the laws of Germany. Deutsche Bank Ag has a market cap of $42.22 billion; its shares were traded at around $30.62 with and P/S ratio of 1.00. The dividend yield of Deutsche Bank Ag stocks is 2.30%.
Mario Gabelli (Trades, Portfolio) owns 7,984 shares as of 06/30/2014, an increase of 27.74% from the previous quarter. This position accounts for 0.0015% of the $19.12 billion portfolio of GAMCO Investors. David Dreman (Trades, Portfolio) owns 67,352 shares as of 06/30/2014, an increase of 14.69% from the previous quarter. This position accounts for 0.18% of the $1.33 billion portfolio of Dreman Value Management.
Ecopetrol SA (EC, Financial): Down 31% Since James Barrow (Trades, Portfolio) Bought In the Quarter Ended on 2014-06-30
James Barrow (Trades, Portfolio) initiated holdings in Integrated Oil & Gas company Ecopetrol SA during the quarter ended 06/30/2014. His purchase prices were between $35.53 and $41.16, with an estimated average price of $37.83. Since then the prices of Ecopetrol SA shares have declined by -31% from the estimated average. James Barrow (Trades, Portfolio) owned 5,697 shares of Ecopetrol SA as of 06/30/2014.
Ecopetrol S.A., was organized on August 25, 1951 under the laws of Colombia. Ecopetrol Sa has a market cap of $52.75 billion; its shares were traded at around $25.66 with a P/E ratio of 8.80 and P/S ratio of 1.70. The dividend yield of Ecopetrol Sa stocks is 9.10%. Ecopetrol Sa had an annual average earnings growth of 16.30% over the past 5 years.
Ecopetrol SA recently reported its third quarter 2014 financial results. The company announced total sales of 14,579.9 COP$ billion, compared to 14,976.6 COP$ billion in the previous quarter. Net income was 2,355.6 COP$ billion.
James Barrow (Trades, Portfolio) bought 5,697 shares in the quarter that ended on 06/30/2014, which is 0.0003% of the $74.42 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. Ken Fisher (Trades, Portfolio) owns 1,130,100 shares as of 06/30/2014, an increase of 13.94% from the previous quarter. This position accounts for 0.086% of the $47.56 billion portfolio of Fisher Asset Management, LLC.
Baker Hughes Inc (BHI, Financial): Down 25% Since John Hussman (Trades, Portfolio) Bought In the Quarter Ended on 2014-06-30
John Hussman (Trades, Portfolio) initiated holdings in Oil Equipment & Services company Baker Hughes Inc during the quarter ended 06/30/2014. His purchase prices were between $63.37 and $74.63, with an estimated average price of $69.53. Since then the prices of Baker Hughes Inc shares have declined by -25% from the estimated average. John Hussman (Trades, Portfolio) owned 50,000 shares of Baker Hughes Inc as of 06/30/2014.
Baker Hughes Inc. was formed in April 1987. Baker Hughes Inc has a market cap of $21.64 billion; its shares were traded at around $50.02 with a P/E ratio of 16.80 and P/S ratio of 1.00. The dividend yield of Baker Hughes Inc stocks is 1.20%. Baker Hughes Inc had an annual average earnings growth of 4.60% over the past 10 years. GuruFocus rated Baker Hughes Inc the business predictability rank of 2-star.
Baker Hughes Inc. recently reported its third quarter 2014 financial results. The company announced record revenue of $6.25 billion for the quarter, up 5% sequentially. EBITDA was $1.12 billion, up 3% sequentially.
John Hussman (Trades, Portfolio) bought 50,000 shares in the quarter that ended on 06/30/2014, which is 0.29% of the $1.3 billion portfolio of Hussman Strategic Advisors, inc. Ken Heebner (Trades, Portfolio) owns 320,000 shares as of 06/30/2014, an increase of 60% from the previous quarter. This position accounts for 0.63% of the $3.77 billion portfolio of Capital Growth Management LP.
Chairman & CEO Martin S Craighead sold 8,000 shares of BHI stock on 08/01/2014 at the average price of 68.3. Martin S Craighead owns at least 136,388 shares after this. The price of the stock has decreased by 26.76% since.
