Weekly 3-Year Low Highlights: IBM, ABEV, ITUB, OXY

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Mar 17, 2015

According to GuruFocus list of 3-year lows, International Business Machines Corp, Ambev SA, Itau Unibanco Holding SA and Occidental Petroleum Corp have all reached their 3-year lows.

International Business Machines Corp (IBM, Financial) Reached $157.08

The prices of International Business Machines Corp (IBM, Financial) shares have declined to $157.08, which is 30.7% off the 3-year high of $215.90.

International Business Machines Corp has a market cap of $155.26 billion; its shares were traded at around $157.08 with a P/E ratio of 13.10 and P/S ratio of 1.70. The dividend yield of International Business Machines Corp stocks is 2.80% and it had an annual average earnings growth of 10.50% over the past 10 years. GuruFocus rated the company the business predictability rank of 4-star.

For its fourth quarter of 2014, IBM reported diluted EPS from continuing operations of $5.54, down 4% year-over-year, and total net income of $5.5 billion, down 11%. Gross profit margin went up 100 basis points to 53.3% and revenue from continuing operations decreased 12% to $24.1 billion.

Senior Vice President Robert J Picciano sold 3,506 shares of IBM stock on 02/27/2015 at the average price of $161.85. Senior Vice President Michael D. Rhodin sold 2,600 shares of IBM stock on 02/25/2015 at the average price of $163.

Ambev SA (ABEV, Financial) reached $5.58

The prices of Ambev SA (ABEV, Financial) shares have declined to $5.58, which is 40.8% off the 3-year high of $9.30.

Ambev SA produces and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt and food in general. The company has a market cap of $87.45 billion; its shares were traded at around $5.58 with a P/E ratio of 23.60 and P/S ratio of 8.00. The dividend yield of Ambev SA stocks is 3.10% and the company had an annual average earnings growth of 21.80% over the past 5 years.

The company has released its fourth quarter 2014 results. Quarterly net revenues grew by 11.5% and normalized EBITDA grew 7.6%. Normalized net profit was R$4,722 million.

1 Guru Initiated Positions: Andreas Halvorsen (Trades, Portfolio) bought 42,891,298 shares in the quarter that ended on 12/31/2014, which is 1.2% of the $21.78 billion portfolio of Viking Global Investors LP.

Itau Unibanco Holding SA (ITUB, Financial) reached $10.39

The prices of Itau Unibanco Holding SA (ITUB, Financial) shares have declined to $10.39, which is 45.3% off the 3-year high of $18.49.

Itau Unibanco Holding SA provides financial products and services in Brazil. The company has a market cap of $56.89 billion; its shares were traded at around $10.39 with a P/E ratio of 8.60 and P/S ratio of 1.90. The dividend yield of Itau Unibanco Holding Sa stocks is 1.60% and it had an annual average earnings growth of 8.70% over the past 10 years. GuruFocus rated Itau Unibanco Holding SA the business predictability rank of 2.5-star.

The company reported fourth quarter 2014 net income of R$5.52 billion compared to R$5.40 billion in the prior year quarter. Recurring net income was R$5.66 billion versus R$5.46 billion last year, and operating revenues increased to R$23.75 billion from R$23.3 billion a year ago.

2 Gurus Increased positions: John Rogers (Trades, Portfolio) owns 382,472 shares as of 12/31/2014, an increase of 3347.56% from the previous quarter. Ken Heebner (Trades, Portfolio) owns 1,780,000 shares as of 12/31/2014, an increase of 69.52% from the previous quarter.

Occidental Petroleum Corp (OXY, Financial) reached $73.11

The prices of Occidental Petroleum Corp (OXY, Financial) shares have declined to $73.11, which is 31.4% off the 3-year high of $101.38.

Occidental Petroleum Corp has a market cap of $56.33 billion; its shares were traded at around $73.11 with a P/E ratio of 103.50 and P/S ratio of 2.60. The dividend yield of Occidental Petroleum Corp stocks is 4.00%. Occidental Petroleum Corp had an annual average earnings growth of 2.80% over the past 10 years.

For its fourth period of 2014, Occidental reported a loss of $3.4 billion, or $4.41 per diluted share, compared with net income $1.6 billion ($2.04 per share) in the year-ago quarter.

Go here for the complete list of 3-year lows.