Berkshire Hathaway, Wells Fargo, China Mobile, Novartis, Bank of America Reach 52-Week Lows

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According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.

Berkshire Hathaway Inc. reached the 52-week low of $193,900

The prices of Berkshire Hathaway Inc. (NYSE:BRK.A) shares have declined to close to the 52-week low of $193,900, which is 16.5% off the 52-week high of $227,500. Berkshire Hathaway is owned by 23 gurus we are tracking. Among them, one has added to the position during the past quarter. Nine reduced their positions.


Berkshire Hathaway recently reported its third quarter 2015 financial results. The company reported operating earnings of $4.55 billion for the third quarter of 2015, compared to $4.72 billion in the same quarter of 2014. Net earnings attributable to shareholders was $9.43 billion for the third quarter of 2015.

Berkshire Hathaway was incorporated in the state of Delaware on June 16, 1998 under the name NBH Inc. Berkshire Hathaway has a market cap of $317.04 billion; its shares were traded at around $193,900 with a P/E ratio of 13.90 and P/S ratio of 1.53. Berkshire Hathaway had an annual average earnings growth of 9.90% over the past 10 years. GuruFocus rated Berkshire Hathaway the business predictability rank of 3 stars.

Wells Fargo & Co. reached the 52-week low of $49.56

The prices of Wells Fargo & Co. (WFC) shares have declined to close to the 52-week low of $49.56, which is 18.8% off the 52-week high of $58.77. Wells Fargo is owned by 49 gurus we are tracking. Among them, 16 have added to their positions during the past quarter. Twenty-four reduced their positions.

Wells Fargo was founded on March 18, 1852 under the laws of Delaware. Wells Fargo has a market cap of $253.14 billion; its shares were traded at around $49.56 with a P/E ratio of 12.00 and P/S ratio of 3.02. The dividend yield of Wells Fargo stocks is 2.98%. Wells Fargo had an annual average earnings growth of 5.70% over the past 10 years.

Wells Fargo recently reported its third quarter 2015 financial results. The company announced net income was $5.8 billion for the quarter, up 1% from the third quarter of 2014. Diluted EPS was $1.05, up 3% from the year-ago quarter. Revenue was $21.9 billion for the third quarter of 2015.

T Boone Pickens (Trades, Portfolio) bought 7,300 shares in the quarter that ended on Dec. 31, 2014, which is 0.78% of the $37 million portfolio of TBP Investments Management LLC. Third Avenue Management (Trades, Portfolio) owned 16,701 shares as of Dec. 31, 2014, an increase of 255.42% from the previous quarter. This position accounts for 0.023% of the $3.67 billion portfolio of Third Avenue Management (Trades, Portfolio). Ruane Cunniff (Trades, Portfolio) owned 234,530 shares as of Dec. 31, 2014, a decrease of 20.37% from the previous quarter. This position accounts for 0.066% of the $19.49 billion portfolio of Ruane, Cunniff & Goldfarb Inc.

Senior Officer Bruno Jacob Wall, a 10% security holder and director, bought 45,000 shares of Wells Fargo stock on Aug. 6, 2015 at the average price of $11. Wall owns at least 45,000 shares.

China Mobile Ltd. reached the 52-week low of $51.51

The prices of China Mobile Ltd. (CHL) shares have declined to close to the 52-week low of $51.51, which is 32.0% off the 52-week high of $75.52. China Mobile is owned by 13 gurus we are tracking. Among them, three have added to their positions during the past quarter. Eight reduced their positions.

China Mobile was incorporated under the laws of Hong Kong on Sept. 3, 1997 as a limited liability company under the name China Telecom (Hong Kong) Limited. China Mobile has a market cap of $210.94 billion; its shares were traded at around $51.51 with a P/E ratio of 12.20 and P/S ratio of 2.08. The dividend yield of China Mobile stocks is 3.64%. China Mobile had an annual average earnings growth of 12.10% over the past 10 years. GuruFocus rated China Mobile the business predictability rank of 3 stars.

Dodge & Cox owned 6,470 shares as of Dec. 31, 2014, an increase of 30.18% from the previous quarter. This position accounts for 0.0004% of the $99.41 billion portfolio of Dodge & Cox. Mario Gabelli (Trades, Portfolio) owned 57,000 shares as of Dec. 31, 2014, which accounts for 0.017% of the $15.22 billion portfolio of GAMCO Investors. Ken Fisher (Trades, Portfolio) owned 155,834 shares as of Dec. 31, 2014, which accounts for 0.019% of the $46.63 billion portfolio of Fisher Asset Management LLC.

Novartis AG reached the 52-week low of $81.56

The prices of Novartis AG (NVS) shares have declined to close to the 52-week low of $81.56, which is 23.8% off the 52-week high of $106.84. Novartis is owned by 18 gurus we are tracking. Among them, six have added to their positions during the past quarter. Thirteen reduced their positions.

Novartis was incorporated on Feb. 29, 1996 under the Swiss laws. Novartis has a market cap of $195.41 billion; its shares were traded at around $81.56 with a P/E ratio of 11.23 and P/S ratio of 3.86. The dividend yield of Novartis stocks is 3.27%. Novartis had an annual average earnings growth of 1.30% over the past 10 years.

Novartis recently reported its third quarter 2015 financial results. Net sales were $12.3 billion, and operating income was $2.2 billion. Net income was $1.8 billion, and EPS was 75 cents, broadly in line with net income.

Kahn Brothers (Trades, Portfolio) owned 30,968 shares as of Dec. 31, 2014, which accounts for 0.49% of the $540 million portfolio of Kahn Brothers (Trades, Portfolio). HOTCHKIS & WILEY owned 9,665 shares as of Dec. 31, 2014, which accounts for 0.0031% of the $24.94 billion portfolio of Hotchkis & Wiley Capital Management LLC. First Eagle Investment (Trades, Portfolio) owned 12,848 shares as of Dec. 31, 2014, which accounts for 0.0029% of the $39.68 billion portfolio of First Eagle Investment (Trades, Portfolio) Management LLC. Ruane Cunniff (Trades, Portfolio) sold out its holdings in the quarter that ended on Dec. 31, 2014.

Bank of America Corp. reached the 52-week low of $15.20

The prices of Bank of America Corp. (BAC) shares have declined to close to the 52-week low of $15.20, which is 21.0% off the 52-week high of $18.48. Bank of America is owned by 42 gurus we are tracking. Among them, 15 added to their positions during the past quarter. Twenty reduced their positions.

Bank of America was incorporated on July 31, 1998 in Delaware. Bank Of America has a market cap of $158.27 billion; its shares were traded at around $15.20 with a P/E ratio of 11.30 and P/S ratio of 2.03. The dividend yield of Bank Of America stocks is 1.32%. Bank Of America had an annual average earnings growth of 15.10% over the past five years.

Ken Heebner (Trades, Portfolio) owns 8,830,000 shares as of Dec. 31, 2014, an increase of 32.78% from the previous quarter. This position accounts for 4.4% of the $3.1 billion portfolio of Capital Growth Management LP. T Boone Pickens (Trades, Portfolio) owned 30,000 shares as of Dec. 31, 2014, an increase of 20% from the previous quarter. This position accounts for 1% of the $37 million portfolio of TBP Investments Management LLC. Mohnish Pabrai (Trades, Portfolio) owned 3,146,000 shares as of Dec. 31, 2014, a decrease of 30.15% from the previous quarter. This position accounts for 10.2% of the $377 million portfolio of Pabrai. Joel Greenblatt (Trades, Portfolio) sold out his holdings in the quarter that ended on Dec. 31, 2014.

Director Murray Ross Orr bought 7,000 shares of Bank of America stock on Jan. 4. Orr owns at least 2,693,120 shares.

This article first appeared on GuruFocus.


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