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Stocks That Fell to 3-Year Lows in the Week of Dec. 21

- By Shuda Xia

Wells Fargo & Co. (WFC), Exxon Mobil Corp. (XOM), Philip Morris International Inc. (PM), and Altria Group Inc. (MO) have declined to their three-year lows.

Wells Fargo & Co. (WFC) declined to $45.12

The prices of Wells Fargo & Co. (WFC) shares have declined to $45.12 on Dec. 21, which is only 3.5% above the three-year low of $43.55.


Wells Fargo & Co. is an American international banking and financial services holding company. The bank is the world's second largest bank by market capitalization and the third largest bank in the U.S. by assets. The company is the second largest bank in deposits, home mortgage servicing and debit cards.

Wells Fargo & Co. has a market cap of $212.39 billion; its shares were traded around $45.12 with a price-earnings ratio of 10.64 and price-sales ratio of 2.57. The trailing 12-month dividend yield of Wells Fargo & Co. stocks is 3.64%. The forward dividend yield of Wells Fargo & Co. stocks is 3.74%.

On Dec. 19 Wells Fargo & Co. announced that it is increasing its prime rate to 5.50% from 5.25%. The prime rate increase was made effective on Dec. 20, 2018.

Exxon Mobil Corp. (XOM) declined to $68.12

The prices of Exxon Mobil Corp. (XOM) shares have declined to $68.12 on Dec. 21, which is only 0.7% above the three-year low of $67.67.

Exxon Mobil Corp. is an American international oil and gas corporation. The company is the largest direct descendant of John D. Rockefeller's Standard Oil Company and was ranked second in the Fortune 500 rankings of the largest United States corporations by total revenue in 2018.

Exxon Mobil Corp. has a market cap of $288.41 billion; its shares were traded around $68.12 with a price-earnings ratio of 12.54 and price-sales ratio of 1.05. The trailing 12-month dividend yield of Exxon Mobil Corp. stocks is 4.74%. The forward dividend yield of Exxon Mobil Corp. stocks is 4.78%.

On Dec. 12 Exxon Mobil Corp. announced that it has made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. The company recently completed front-end engineering design work for the project. The project is also part of the company's ongoing investment in the Gippsland Basin.

Philip Morris International Inc. (PM) declined to $66.21

The prices of Philip Morris International Inc. (PM) shares have declined to $66.21 on Dec. 21, which is only 0.2% above the three-year low of $66.11.

Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand. The company has sold products in over 180 countries and is a component of the S&P 100.

Philip Morris International Inc. has a market cap of $102.93 billion; its shares were traded around $66.21 with a price-earnings ratio of 15.40 and price-sales ratio of 3.40. The trailing 12-month dividend yield of Philip Morris International Inc. stocks is 6.77%. The forward dividend yield of Philip Morris International Inc. stocks is 6.60%. Philip Morris International Inc. had an annual average earnings growth of 5.20% over the past 10 years.

On Dec. 6 Philip Morris International Inc. announced that its board of directors has declared a regular quarterly dividend of $1.14 per common share. The dividend will be payable on Jan. 11, 2019, to shareholders of record at the close of business on Dec. 20, 2018.

Altria Group Inc. (MO) declined to $49.09

The prices of Altria Group Inc. (MO) shares have declined to $49.09 on Dec. 21, which is only 0.9% above the three-year low of $48.63.

Altria Group Inc. is an American international tobacco corporation. The company is one of the world's largest producers and marketers of cigarettes and other tobacco products. The company is the parent company of several companies, including Smokeless Tobacco Company Inc. and John Middleton Inc.

Altria Group Inc. has a market cap of $92.24 billion; its shares were traded around $49.09 with a price-earnings ratio of 8.75 and price-sales ratio of 3.66. The trailing 12-month dividend yield of Altria Group Inc. stocks is 5.83%. The forward dividend yield of Altria Group Inc. stocks is 6.34%. Altria Group Inc. had an annual average earnings growth of 6.80% over the past 10 years.

On Dec. 20 Altria Group Inc. announced that it has signed and closed a $12.8 billion investment in JUUL Labs Inc. (JUUL), an e-vapor company. The service agreements seek to assist in JUUL's mission to switch adult smokers to e-vapor products. Altria's investment in JUUL represents a 35% economic interest in JUUL, valuing the company at $38 billion. However, JUUL will remain fully independent.

Disclosure: I do not own stock in any of the companies mentioned.

This article first appeared on GuruFocus.