Though the market has had difficulty – between trade wars and worries about global economic growth – climbing back to its pre-fourth quarter levels, it has advanced 11.62% so far since the start of 2019. The rising tide is also lifting ships to a broad extent. According to GuruFocus data, only 52 issues on the S&P 500 have declined year to date. Further perplexing bargain hunters – only 12 of the stocks have tumbled by double digits.
The fortunes of stocks can change suddenly in market volatility like that seen in recent months and on changes in their businesses. In 2019, Coty Inc. (COTY, Financial) became the best performer in the S&P 500, after placing last in the previous year. General Electric (GE, Financial), the fourth-worst stock of the index last year, is the 13th top performer, sailing 39.17% year to date. Mohawk Industries Inc. (MHK, Financial) the second biggest decliner in the index for 2018, and L Brands Inc. (LB, Financial), the third, both gained by single digits this year.
For those seeking stocks that have faced a setback this year, here are the five biggest losers in the S&P 500 year to date: The Kraft Heinz Co. (KHC, Financial), Biogen Inc. (BIIB, Financial), Macy’s Inc. (M, Financial), CenturyLink Inc. (CTL, Financial) and Newell Brands Inc. (NWL, Financial).
The Kraft Heinz Co. (KHC, Financial)
Shares of The Kraft Heinz Co. dropped 22.63% year to date.
Warren Buffett (Trades, Portfolio) has the largest position at 7.66% of his stock portfolio. Jim Simons (Trades, Portfolio) made the largest increase to his holding in the fourth quarter, adding 688.13% to 0.06% of his reported stock portfolio.
The Kraft Heinz Co. has a market cap of $39.8 billion; its shares were traded around $32.64 with a price-sales ratio of 1.49. The trailing 12-month dividend yield of The Kraft Heinz Co. stocks is 6.95%. The forward dividend yield of The Kraft Heinz Co. stocks is 4.86%.
Shares of Biogen Inc. fell 22.6% year to date.
The largest position among investors tracked by GuruFocus belongs to Primecap Management, at 3.59% of the reported equity portfolio. John Hussman (Trades, Portfolio) started the largest new position, at 0.41% of his reported portfolio.
Biogen Inc. has a market cap of $45.23 billion; its shares were traded around $229.95 with a price-earnings ratio of 10.65 and price-sales ratio of 3.51. Biogen Inc. had an annual average earnings growth of 22.70% over the past 10 years. GuruFocus rated Biogen Inc. the business predictability rank of 5-star.
Macy’s Inc. declined 18.38% year to date.
CL Can Am Small Cap fund has the largest position at 1.61% of the portfolio. Lee Ainslie (Trades, Portfolio) made the largest increase to his position, adding 215.33% to 0.26% of the portfolio.
Macy's Inc. has a market cap of $7.48 billion; its shares were traded around $24.33 with a price-earnings ratio of 6.82 and price-sales ratio of 0.30. The trailing 12-month dividend yield of Macy's Inc. is 6.20%. The forward dividend yield of Macy's Inc. is 6.31%.
CenturyLink Inc. (CTL, Financial)
CenturyLink stock tumbled 17.16% year to date.
Mason Hawkins (Trades, Portfolio)-associated firm Longleaf Partners has the largest position of investors tracked, at 13.92% of the reported portfolio. Joel Greenblatt (Trades, Portfolio) made the largest increase to an existing position, adding 41.92% to make it 0.31% of his portfolio.
CenturyLink Inc. has a market cap of $13.09 billion; its shares were traded around $12.12 with a price-sales ratio of 0.56. The trailing 12-month dividend yield of CenturyLink Inc. is 15.43%. The forward dividend yield of Centurylink Inc. is 8.13%.
Newell Brands Inc. (NWL, Financial)
Newell Brands slipped 16.62% year to date.
Of investors tracked, Arnold Schneider (Trades, Portfolio) has the largest position at 5.31% of his equity portfolio. Joel Greenblatt (Trades, Portfolio) started the largest position in the fourth quarter, at 0.18% of his portfolio.
Newell Brands Inc. has a market cap of $6.48 billion; its shares were traded around $15.33 with a price-sales ratio of 0.74. The trailing 12-month dividend yield of Newell Brands Inc. is 6%. The forward dividend yield of Newell Brands Inc. is 6.02%. Newell Brands Inc. had an annual average earnings growth of 5.30% over the past 10 years.
See more of the stocks that have declined the most of the S&P 500 at the screener here.
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