6 Poorly Performing Stocks in Gurus' Portfolios
- By Tiziano Frateschi
While gurus hold positions in these companies, the share price and returns continue to fall. The following are the worst-performing stocks over the past six months with a long-term presence in more than five gurus' portfolios.
Warning! GuruFocus has detected 1 Warning Sign with COP. Click here to check it out.
The intrinsic value of COP
Shares of ConocoPhillips (COP) declined 14.21% over the last six months. The stock is held by 22 gurus.
The company, which produces crude oil and natural gas, has a $75.32 billion market cap. The stock is trading with a price-earnings ratio of 12.43. The share price of $66 is 17.06% below its 52-week high and 17.27% above its 52-week low.
Over the last 10 years, the stock has gained 116%. Over the last five years, the company's revenue has fallen 19.50%. The return on equity of 20.04% and return on assets of 8.85% are outperforming 51% of companies in the Global Oil and Gas E&P industry.
The company's largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 1.46% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.40% and Steven Cohen (Trades, Portfolio) with 0.25%.
Bristol-Myers Squibb Co. (BMY) is held by 21 gurus. The stock tumbled 24.31% over the last six months.
The biopharmaceutical company has a market cap of $76.39 billion. The stock is trading with a price-earnings ratio of 15.46. The share price of $45 is 26.53% below its 52-week high and 5.62% above its 52-week low. Over the past decade, the stock has climbed 132%.
Over the last five years, the company's revenue has grown 1.90%. The return on equity of 38.13% and return on assets of 14.64% are underperforming 59% of companies in the Global Drug Manufacturers - Major industry.
With 3.12% of outstanding shares, the Vanguard Health Care Fund (Trades, Portfolio) is the company's largest guru shareholder, followed by the Dodge & Cox with 2.61% and PRIMECAP Management (Trades, Portfolio) with 1.14%.
Shares of State Street Corp. (STT) declined 19.57% over the last six months. The stock is held by 21 gurus.
The financial services company has a market cap of $26.07 billion. The stock is trading with a price-earnings ratio of 10.81. The share price of $69.15 is 33.72% below its 52-week high and 19.49% above its 52-week low. Over the past decade, it has returned 90%.
Over the last five years, the company's revenue has grown 2.80%. While the return on equity of 10.33% is outperforming the sector, the return on assets of 1.07% is underperforming 56% of companies in the Global Asset Management industry.
The company's largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 1.77% of outstanding shares, followed by Hotchkis & Wiley with 1.71% and the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.95%.
Shares of Hess Corp. (HES) declined 10.59% over the last six months. The stock is held by 18 gurus.
The producer of crude oil, natural gas liquids and natural gas has a market cap of $19.12 billion. The stock is trading with a price-book ratio of 1.96. The share price of $63.08 is 15.68% below its 52-week high and 77.24% above its 52-week low. Over the last 10 years, it has returned a gain of 8%.
Over the last five years, its revenue has declined 20.70%. The return on equity of -3.22% and return on assets of -1.29% are underperforming 78% of companies in the Global Oil & Gas E&P industry.
With 7.24% of outstanding shares, Paul Singer (Trades, Portfolio) is the company's largest guru shareholder, followed by Hotchkis & Wiley with 3.21% and PRIMECAP Management with 2.74%.
McKesson Corp. (MCK) declined 13.56% over the last six months. The stock is held by 19 gurus.
The company, which supplies medicine, information and care management products, has a $22.41 billion market cap. The stock is trading with a forward price-earnings ratio of 8.24. The share price of $113 is 27.37% below its 52-week high and 10.09% above its 52-week low. Over the past decade, it has returned 231%.
Over the last five years, its revenue has grown 11.80%. The return on equity of -3.19% and the return on assets of -0.51% are outperforming 88% of companies in the Global Medical Distribution industry.
The company's largest guru shareholder is the Vanguard Health Care Fund with 3.46% of outstanding shares, followed by Larry Robbins (Trades, Portfolio) with 2.36% and Richard Pzena (Trades, Portfolio) with 1.60%.
Shares of Phillips 66 (PSX), which is held by 18 gurus, declined 15.44% over the last six months.
The oil and gas refiner has a market cap of $44.66 billion. The stock is trading with a price-earnings ratio of 8.26. The share price of $98.3 is 20.71% below its 52-week high and 25.32% above its 52-week low. Over the past decade, the stock has returned 189%.
Over the last five years, its revenue has declined 5.60%. The return on equity of 23.79% and return on assets of 10.30% are outperforming 70% of companies in the Global Oil and Gas Refining and Marketing industry.
With 3.0% of outstanding shares, Barrow, Hanley, Mewhinney & Strauss is the company's largest guru shareholder, followed by Warren Buffett (Trades, Portfolio) with 2.61%.
Disclosure: I do not own any stocks mentioned.
Read more here:
Third Avenue Value Fund Exits Several Positions in 1st Quarter
5 Companies Paying High Dividend Yields
5 Guru Stocks Growing Earnings
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here .
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 1 Warning Sign with COP. Click here to check it out.
The intrinsic value of COP
