According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
POSCO (PKX, Financial): Down 24% since RS Investment Management (Trades, Portfolio) bought in the quarter ended on 2014-09-30
RS Investment Management (Trades, Portfolio) added to his holdings in Steel company POSCO by 184.71% during the quarter ended 09/30/2014. His purchase prices were between $71.97 and $86.37, with an estimated average price of $80.04. Since then the prices of POSCO shares have declined by -24% from the estimated average. RS Investment Management (Trades, Portfolio) owned 135,273 shares of POSCO as of 09/30/2014.
POSCO was incorporated in Korea on April 1, 1968. The company is engaged in the manufacturing and distribution of steel rolled products and plates in the domestic and overseas markets. Posco has a market cap of $21.22 billion; its shares were traded at around $60.70 with a P/E ratio of 18.60 and P/S ratio of 0.31. The dividend yield of Posco stocks is 0.81%. Posco had an annual average earnings growth of 0.90% over the past 10 years.
POSCO recently reported its full year 2014 financial results. The company announced it recorded sales revenue of 65,098.4 billion KRW and business profit of 3,213.5 billion KRW on a consolidated basis. The company’s revenues were 29,218.9 billion KRW for the year.
Third Avenue Management (Trades, Portfolio) owns 1,781,486 shares as of 12/31/2014, which accounts for 2.9% of the $3.97 billion portfolio of Third Avenue Management (Trades, Portfolio). Charles Brandes (Trades, Portfolio) owns 986,449 shares as of 12/31/2014, which accounts for 0.89% of the $7.09 billion portfolio of Brandes Investment. Martin Whitman (Trades, Portfolio) owns 1,180,432 shares as of 10/31/2014, which accounts for 4.1% of the $2.06 billion portfolio of Third Avenue Value Fund.
Mohnish Pabrai (Trades, Portfolio) owns 301,770 shares as of 12/31/2014, a decrease of 67.64% of from the previous quarter. This position accounts for 3.5% of the $552 million portfolio of Pabrai Mohnish. Charlie Munger (Trades, Portfolio) owns 9,745 shares as of 12/31/2014, a decrease of 84.91% of from the previous quarter. This position accounts for 0.46% of the $135 million portfolio of Daily Journal. Arnold Van Den Berg (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2014.
Canadian Imperial Bank of Commerce (CM, Financial): Down 22% since Jim Simons (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Jim Simons (Trades, Portfolio) added to his holdings in Canadian Imperial Bank of Commerce by 183.87% during the quarter ended 09/30/2014. His purchase prices were between $90.09 and $97.61, with an estimated average price of $93.86. Since then the prices of Canadian Imperial Bank of Commerce shares have declined by -22% from the estimated average. Jim Simons (Trades, Portfolio) owned 400,321 shares of Canadian Imperial Bank of Commerce as of 09/30/2014.
Canadian Imperial Bank of Commerce was incorporated and domiciled in Canada in 1961. Canadian Imperial Bank Of Commerce has a market cap of $29.13 billion; its shares were traded at around $73.38 with a P/E ratio of 11.90 and P/S ratio of 2.79. The dividend yield of Canadian Imperial Bank Of Commerce stocks is 4.81%. Canadian Imperial Bank Of Commerce had an annual average earnings growth of 1.10% over the past 5 years.
Canadian Imperial Bank of Commerce recently reported net income of $3.2 billion and record adjusted net income of $3.7 billion, compared with reported net income of $3.4 billion and adjusted net income of $3.6 billion for 2013. Reported diluted EPS of $7.86 and adjusted diluted EPS of $8.94 for 2014 compared with reported diluted EPS of $8.11 and adjusted diluted EPS of $8.65 for 2013.
Pioneer Natural Resources Co (PXD, Financial): Down 25% Since Andreas Halvorsen (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Andreas Halvorsen (Trades, Portfolio) added to his holdings in Exploration & Production company Pioneer Natural Resources Co by 66.56% during the quarter ended 09/30/2014. His purchase prices were between $194.69 and $232.28, with an estimated average price of $211.54. Since then the prices of Pioneer Natural Resources Co shares have declined by -25% from the estimated average. Andreas Halvorsen (Trades, Portfolio) owned 6,783,641 shares of Pioneer Natural Resources Co as of 09/30/2014.
Pioneer Natural Resources Co is a Delaware corporation formed in 1997. Pioneer Natural Resources Co has a market cap of $23.65 billion; its shares were traded at around $159.05 with a P/E ratio of 25.00 and P/S ratio of 5.24. The dividend yield of Pioneer Natural Resources Co stocks is 0.05%. Pioneer Natural Resources Co had an annual average earnings growth of 9.40% over the past 10 years. GuruFocus rated Pioneer Natural Resources Co the business predictability rank of 2-star.
Pioneer Natural Resources recently announced its fourth quarter 2014 financial and operational results. The company reported fourth quarter net income attributable to common stockholders of $431 million, or $2.91 per diluted share.
Chris Shumway (Trades, Portfolio) owns 1,980,454 shares as of 12/31/2010, an increase of 1650.89% from the previous quarter. This position accounts for 2.31% of the $7.45 billion portfolio of Shumway Capital Partners LLC. Andreas Halvorsen (Trades, Portfolio) owns 6,586,936 shares as of 12/31/2014, which accounts for 4.5% of the $21.78 billion portfolio of Viking Global Investors LP. Jean-Marie Eveillard (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2014.
EVP, BD & Geoscience Chris J Cheatwood sold 6,762 shares of PXD stock on 09/17/2014 at the average price of 208. Chris J Cheatwood owns at least 97,105 shares after this. The price of the stock has decreased by 23.53% since.
Bank of Nova Scotia (BNS, Financial): Down 21% since Jim Simons (Trades, Portfolio) bought qn the quarter ended on 2014-09-30
Jim Simons (Trades, Portfolio) added to his holdings in Bank of Nova Scotia by 1,678.68% during the quarter ended 09/30/2014. His purchase prices were between $62 and $68.33, with an estimated average price of $66.52. Since then the prices of Bank of Nova Scotia shares have declined by -21% from the estimated average. Jim Simons (Trades, Portfolio) owned 458,900 shares of Bank of Nova Scotia as of 09/30/2014.
Bank of Nova Scotia was founded in the state of Canada on March 30, 1832. Bank Of Nova Scotia has a market cap of $64.27 billion; its shares were traded at around $52.69 with a P/E ratio of 11.70 and P/S ratio of 3.39. The dividend yield of Bank Of Nova Scotia stocks is 4.34%. Bank Of Nova Scotia had an annual average earnings growth of 6.80% over the past 10 years. GuruFocus rated Bank Of Nova Scotia the business predictability rank of 4.5-star.
David Dreman (Trades, Portfolio) owns 394 shares as of 09/30/2014, a decrease of 58.09% of from the previous quarter. This position accounts for 0.002% of the $1.23 billion portfolio of Dreman Value Management.
Senior Officer Stephen Peter Hart, sold 9,512 shares of BNS stock on 09/11/2014 at the average price of 72.59. Stephen Peter Hart, owns at least 56,871 shares after this. The price of the stock has decreased by 27.41% since.
BHP Billiton PLC (BBL, Financial): Down 25% since Bernard Horn (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Bernard Horn (Trades, Portfolio) added to his holdings in Banks company BHP Billiton PLC by 48.54% during the quarter ended 09/30/2014. His purchase prices were between $55.87 and $71.02, with an estimated average price of $65.07. Since then the prices of BHP Billiton PLC shares have declined by -25% from the estimated average. Bernard Horn (Trades, Portfolio) owned 45,900 shares of BHP Billiton PLC as of 09/30/2014.
BHP Billiton PLC was incorporated on May 9, 1996. It is engaged in minerals exploration, development, production and processing, and oil and gas exploration, development and production. BHP Billiton PLC has a market cap of $129.71 billion; its shares were traded at around $48.76 with a P/E ratio of 10.30 and P/S ratio of 2.13. The dividend yield of BHP Billiton PLC stocks is 4.97%. BHP Billiton PLC had an annual average earnings growth of 14.00% over the past 10 years. GuruFocus rated BHP Billiton PLC the business predictability rank of 3-star.
