According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Joy Global Inc, United States Steel Corp, Valley National Bancorp, QEP Resources Inc.
Joy Global Inc (NYSE:JOY) Reached $24.07
The prices of Joy Global Inc (JOY, Financial) shares have declined to $24.07, which is only 0.2% above the 5-year low of $24.03. It is now 76.8% off the 5-year high of $103.44. Joy Global Inc is owned by 15 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. 2 reduced their positions. Joy Global Inc was incorporated in Delaware on September 16, 1986. Joy Global Inc has a market cap of $2.35 billion; its shares were traded at around $24.07 with a P/E ratio of 8.80 and P/S ratio of 0.68. The dividend yield of Joy Global Inc stocks is 3.32%. Joy Global Inc had an annual average earnings growth of 17.80% over the past 10 years.
Joy Global Inc. announced net sales of $810.5 million and net earnings of $38.7 million in its 2015 second quarter financial report.
GuruFocus Gurus Joel Greenblatt (Trades, Portfolio) and James Barrow (Trades, Portfolio) both increased their position in Joy Global Inc. Brian Rogers (Trades, Portfolio) kept his position unchanged in the company, while Tweedy Browne (Trades, Portfolio) reduced its position.
President and CEO Edward L Doheny II bought 7,750 shares of JOY stock on 06/05/2015 at the average price of 38.32. EVP & CFO James M Sullivan bought 4,000 shares of JOY stock on 06/05/2015 at the average price of 38.48. Senior Officer Gerald Gilewicz and Director, Senior Officer Alexander G. Verge together bought 17,500 shares of JOY stock in June and July.
United States Steel Corp (NYSE:X) Reached $15.91
The prices of United States Steel Corp (X, Financial) shares have declined to $15.91, which is only 1.4% above the 5-year low of $15.68. It is now 75.5% off the 5-year high of $64.03. United States Steel Corp is owned by 11 Gurus we are tracking. Among them, 6 have added to their positions during the past quarter. 5 reduced their positions. United States Steel Corp was incorporated in the State of Delaware. United States Steel Corp has a market cap of $2.33 billion; its shares were traded at around $15.91 with and P/S ratio of 0.16. The dividend yield of United States Steel Corp stocks is 1.26%.
United States Steel Corp. reported its 2015 second quarter results with net loss of $261 million, or $1.79 per diluted share.
GuruFocus Gurus David Dreman (Trades, Portfolio) initiated his position and Joel Greenblatt (Trades, Portfolio) increased his position in United States Steel Corp. Dreman bought 7,048 shares and Greenblatt owns 636,963 shares.
Senior Officer Jean Desgagne, bought 2,000 shares of the stock in August.
Valley National Bancorp (NYSE:VLY) Reached $9.57
The prices of Valley National Bancorp (VLY, Financial) shares have declined to $9.57, which is only 9.6% above the 5-year low of $8.65. It is now 36.1% off the 5-year high of $13.54. Valley National Bancorp is owned by 5 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter. 4 reduced their positions. Valley National Bancorp is a New Jersey corporation organized in 1983. Valley National Bancorp has a market cap of $2.23 billion; its shares were traded at around $9.57 with a P/E ratio of 18.30 and P/S ratio of 3.57. The dividend yield of Valley National Bancorp stocks is 4.60%.
Valley National Bancorp recognized net income of $32.0 million in its 2015 second quarter results.
GuruFocus Guru Private Capital (Trades, Portfolio) bought 632,545 shares and initiated its position in Valley National Bancorp. Third Avenue Management (Trades, Portfolio) owns 473,304 shares and reduced its position in the Company.
Chairman, President and CEO Gerald H Lipkin bought 5,950 shares of VLY stock on June 19 at the average price of $25. Senior EVP & CFO, Director Alan D Eskow bought 790 shares of VLY stock on June 19 at the average price of $25. EVP - Treasurer Ira Robbins and Director Marc J Lenner together bought 4,800 shares of VLY stock in June. Executive Vice President Robert J Mulligan sold 8,000 shares of VLY stock on March 4 at the average price of $9.63.
QEP Resources Inc (NYSE:QEP) Reached $12.51
The prices of QEP Resources Inc (QEP, Financial) shares have declined to $12.51, which is only 0.2% above the 5-year low of $12.49. It is now 72.4% off the 5-year high of $45.20. QEP Resources Inc is owned by 8 Gurus we are tracking. Among them, six have added to their positions during the past quarter. 2 reduced their positions. QEP Resources, Inc. is incorporated in the state of Delaware. Qep Resources Inc has a market cap of $2.21 billion; its shares were traded at around $12.51 with a P/E ratio of 3.20 and P/S ratio of 0.80. The dividend yield of Qep Resources Inc stocks is 0.64%.
QEP Resources Inc. declared its 2015 second quarter results. The company announced net sales of $608.6 million and net loss of $76.3 million.
GuruFocus Gurus Mariko Gordon (Trades, Portfolio) and Leon Cooperman (Trades, Portfolio) both increased their positions in QEP Resources Inc. Gordon owns 145,538 shares and Cooperman owns 4,358,927 shares. Mario Gabelli (Trades, Portfolio), who owns 60,000 shares, kept his position in the company unchanged, while Michael Price (Trades, Portfolio) sold out his holdings of QEP stock.
Go here for the complete list of 5-year lows.
