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Stocks That Fell to 3-Year Lows in the Week of Jan. 25

- By Shuda Xia

British American Tobacco PLC (BTI), Kellogg Co. (NYSE:K), Conagra Brands Inc. (CAG), and Seneca Foods Corp. (SENEB) have declined to their three-year lows.

British American Tobacco PLC (BTI) declined to $31.41

The prices of British American Tobacco PLC (BTI) shares have declined to $31.41 on Jan. 25, which is only 2.4% above the three-year low of $30.67.


British American Tobacco PLC is a British international tobacco company that is the largest publicly traded tobacco company in the world. The company has a market leading position in over 50 countries and operations in 180 countries. Some of its largest selling brands are Dunhill, Lucky Strike, Kent, and Pall Mall.

British American Tobacco PLC has a market cap of $72.59 billion; its shares were traded around $31.41 with a price-earnings ratio of 1.36 and price-sales ratio of 2.44. The trailing 12-month dividend yield of British American Tobacco PLC stocks is 8.49%. The forward dividend yield of British American Tobacco PLC stocks is 8.63%. British American Tobacco PLC had an annual average earnings growth of 13.30% over the past 10 years.

On Dec. 14 British American Tobacco PLC announced management board changes, which include adding new management board roles such as Digital and Information Director and New Categories Director. Furthermore, the company also announced that the roles of Chief Operating Officer and Group Business Development Director will cease to exist, and all four regions of the company will report directly to the CEO following the changes. These changes took effect on Jan. 1, 2019.

Kellogg Co. (NYSE:K) declined to $57.78

The prices of Kellogg Co. (NYSE:K) shares have declined to $57.78 on Jan. 25, which is only 4.6% above the three-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, and vegetarian foods. The company is a component of the S&P 500 and its products are marketed in over 180 countries.

Kellogg Co. has a market cap of $20.05 billion; its shares were traded around $57.78 with a price-earnings ratio of 10.90 and price-sales ratio of 1.49. The trailing 12-month dividend yield of Kellogg Co. stocks is 3.81%. The forward dividend yield of Kellogg Co. stocks is 3.88%

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.

Conagra Brands Inc. (CAG) declined to $21.01

The prices of Conagra Brands Inc. (CAG) shares have declined to $21.01 on Jan. 25, which is only 3.8% above the three-year low of $20.22.

Conagra Brands Inc. is an American packaged food company that manufactures and distributes products under brands such as Hunt's, Healthy Choice, Orville Redenbacher's, and Slim Jim. Its products are distributed through both supermarkets and restaurants.

Conagra Brands Inc. has a market cap of $10.2 billion; its shares were traded around $21.01 with a price-earnings ratio of 11.41 and price-sales ratio of 1.05. The trailing 12-month dividend yield of Conagra Brands Inc. stocks is 4.06%. The forward dividend yield of Conagra Brands Inc. stocks is 4.02%.

On Jan. 21 Conagra Brands Inc. announced that it is exploring strategic alternatives for its Italian-based frozen pasta business, Gelit. Gelit is a producer of Italian frozen food and ready meals for private label customers. Conagra Brands Inc. has engaged BNP Paribas to assist with this process but has not set a timetable for the process nor has it made any decisions at this time.

Seneca Foods Corp. (SENEB) declined to $27.95

The prices of Seneca Foods Corp. (SENEB) shares have declined to $27.95 on Jan. 25, which is only 3.4% above the three-year low of $27.00.

Seneca Foods Corp. is an American food processor and distributor that primarily produces canned, frozen, and bottled produce under private label as well as national and regional brands that the company owns or licenses. The company also produces products under the Green Giant and Le Sueur labels per an agreement with General Mills.

Seneca Foods Corp. has a market cap of $278.640 million; its shares were traded around $27.95 with and price-sales ratio of 0.20.

On Dec. 7, 2018 Seneca Foods Corp. announced the appointment of a new director, Dr. Kathryn J. Boor. Dr. Boor will replace Dr. Susan A. Henry who resigned from the company on Dec. 31, 2018. Dr. Boor served on various boards and councils including the Southern Tier Regional Economic Developmental Council, the Foundation for Food and Agriculture Research Board of Directors, and the New York State Council on Hunger and Food Policy. The appointment took effect on Jan. 1, 2019.

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

This article first appeared on GuruFocus.