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Stocks That Fell to 3-Year Lows in the Week of Jan. 4

- By Shuda Xia

Kellogg Co. (NYSE:K), Vornado Realty Trust (VNO), JM Smucker Co. (SJM), and Campbell Soup Co. (CPB) have declined to their three-year lows.

Kellogg Co. (NYSE:K) declined to $57.30

The prices of Kellogg Co. (NYSE:K) shares have declined to $57.30 on Jan. 4, which is only 3.8% above the 3-year low of $55.11.

Kellogg Co. is an American international food manufacturing company that focuses on producing cereal and convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit flavored snacks, frozen waffles, and vegetarian foods.


Kellogg Co. has a market cap of $19.88 billion; its shares were traded around $57.30 with a P/E ratio of 10.80 and P/S ratio of 1.49. The trailing 12-month dividend yield of Kellogg Co. stocks is 3.85%. The forward dividend yield of Kellogg Co. stocks is 3.95%.

On Dec. 20, 2018 Kellogg Co. announced that its Board of Directors has elected Mark A. Clouse as President and CEO of the company, effective Jan. 22, 2019. Clouse previously served as the CEO of Pinnacle Foods Inc. and will succeed Campbell's interim President and CEO Keith McLoughlin. Clouse has also been elected as a Director.

Vornado Realty Trust (VNO) declined to $61.21

The prices of Vornado Realty Trust (VNO) shares have declined to $61.21 on Jan. 4, which is only 2.8% above the 3-year low of $59.48.

Vornado Realty Trust is an American real estate investment trust that primarily invests in office buildings and street retail properties in Manhattan. Notable properties owned by the company in New York City include 731 Lexington Avenue, One Penn Plaza, and Rego center. The company is also a component of the S&P 500.

Vornado Realty Trust has a market cap of $11.65 billion; its shares were traded around $61.21 with a P/E ratio of 38.99 and P/S ratio of 8.70. The trailing 12-month dividend yield of Vornado Realty Trust stocks is 4.13%. The forward dividend yield of Vornado Realty Trust stocks is 4.19%.

On Nov. 19, 2018 Vornado Realty Trust announced that it has completed a $205 million refinancing of 150 West 34th Street, a 78,000 square foot Manhattan retail property. The interest-only loan carries a rate of LIBOR plus 1.88% and matures in 2024. The loan will replace the previous $205 million of indebtedness that bore interest at LIBOR plus 2.25%, which was schedule to mature in 2020.

JM Smucker Co. (SJM) declined to $95.88

The prices of JM Smucker Co. (SJM) shares have declined to $95.88 on Jan. 4, which is only 4.8% above the 3-year low of $91.32.

JM Smucker Co. is an American manufacturer of fruit spreads, ice cream toppings, beverages, shortening, peanut butter, and other food products. The company owns the subsidiary Big Heart Pet Brands. Some of the company's most notable brands include Crisco, Dunkin' Donuts Coffee, Smucker's, and Folgers.

JM Smucker Co. has a market cap of $10.91 billion; its shares were traded around $95.88 with a P/E ratio of 8.13 and P/S ratio of 1.42. The trailing 12-month dividend yield of JM Smucker Co. stocks is 3.41%. The forward dividend yield of JM Smucker Co. stocks is 3.59%. JM Smucker Co. had an annual average earnings growth of 7.30% over the past 10 years.

On Nov. 28, 2018 JM Smucker Co. reported results for the second quarter of fiscal 2019, ended Oct. 31, 2018. Net sales for the quarter increased $97.9 million, or 5%, compared to net sales during the same quarter prior year. Net income per diluted share was $1.66 for the quarter, while adjusted earnings per share increased 7% to $2.17 from the same quarter prior year.

Campbell Soup Co. (CPB) declined to $32.84

The prices of Campbell Soup Co. (CPB) shares have declined to $32.84 on Jan. 4, which is only 2.4% above the 3-year low of $32.04.

Campbell Soup Co. is an American international producer of canned soups and related products. The company's products are sold in 120 countries. The company is divided into three divisions: the simple meals division, the baked snacks division, which consists of Pepperidge Farm, and the health beverage division, which includes V8 juices.

Campbell Soup Co. has a market cap of $9.89 billion; its shares were traded around $32.84 with a P/E ratio of 55.67 and P/S ratio of 1.08. The trailing 12-month dividend yield of Campbell Soup Co. stocks is 4.26%. The forward dividend yield of Campbell Soup Co. stocks is 4.29%.

On Oct. 31, 2018 Kellogg Co. reported results for the third quarter of 2018, ended Sept. 29. Net sales for the quarter was $3.47 billion, compared to net sales of $3.25 billion during the same quarter prior year. Operating profit for the quarter was $396 million, compared to profits of $333 million during the same quarter prior year. Reported diluted earnings per share for the quarter was $1.09, compared to $0.83 during the third quarter of 2017

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

This article first appeared on GuruFocus.