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Stocks That Fell to 3-Year Lows in the Week of April 28

- By Shuda Xia

GGP Inc (GGP), FirstEnergy Corp (FE), Plum Creek Timber Co Inc (NYSE:PCL), and Bed Bath & Beyond Inc (BBBY) have declined to their three-year lows.

GGP Inc (GGP) Declined to $21.61

The prices of GGP Inc (GGP) shares declined to $21.61 on April 28, which is only 0.4% above the 3-year low of $21.52.

GGP Inc is an American real estate investment trust company that owns and manages shopping malls throughout the United States. The company has interest in 120 regional shopping malls in forty states, and has been in the shopping center industry for more than 60 years. The entire company's portfolio totals roughly 125,000,000 square feet of retail space.


GGP Inc has a market cap of $19.09 billion; its shares were traded around $21.61 with a P/E ratio of 16.12 and P/S ratio of 8.77. The trailing 12-month dividend yield of GGP Inc stocks is 3.84%. The forward dividend yield of GGP Inc stocks is 4.01%. GGP Inc had an annual average earnings growth of 9.60% over the past 5 years.

On April 14, GGP Inc announced that it will report financial and operation results for the first quarter 2017 before market opens on Monday, May 1. The company will host a conference call for investors and other interested parties on May 1, while the information discussed during the call will be contained in the earnings release and supplemental financial package which will be available in the investors section of the company's website.

FirstEnergy Corp (FE) Declined to $29.94

The prices of FirstEnergy Corp (FE) shares declined to $29.94 on April 28, which is only 3.5% above the 3-year low of $28.89.

FirstEnergy Corp is an American energy company that has subsidiaries involved in the generation, transmission, and distribution of energy as well as energy management and other related services. Its ten electric utility operating companies make up the United States' largest investor owned utility.

FirstEnergy Corp has a market cap of $13.29 billion; its shares were traded around $29.94 with and P/S ratio of 0.85. The trailing 12-month dividend yield of FirstEnergy Corp stocks is 4.81%. The forward dividend yield of FirstEnergy Corp stocks is 4.72%.

On April 27 FirstEnergy Corp reported first quarter 2017 GAAP earnings of $205 million or $0.46 per basic and diluted share of common stock, on revenue of $306 billion. Operating earnings in the first quarter of 2017 were $0.78 per basic share of common stock. The company reported GAAP earnings of $328 million or $0.78 per basic share of common stock on revenue of $3.9 billion in the first quarter of 2016.

Plum Creek Timber Co Inc (NYSE:PCL) Declined to $36.54

The prices of Plum Creek Timber Co Inc (NYSE:PCL) shares declined to $36.54 on April 28, which is only 3.7% above the 3-year low of $35.20.

Plum Creek Timber Co Inc is an American real estate investment trust company that specializes in forest products, mineral extraction, and property development. It is one of the largest private landowners in the United States.

Plum Creek Timber Co Inc has a market cap of $6.37 billion; its shares were traded around $36.54 . The trailing 12-month dividend yield of Plum Creek Timber Co Inc stocks is 4.82%. The forward dividend yield of Plum Creek Timber Co Inc stocks is 4.82%.

On Feb. 19, 2016 Weyerhaeuser Company announced the completion of the merger with Plum Creek Timber Company. Shareholders of both companies approved the transaction at separate special meetings held on Feb. 12, 2016. The combined company will retain the Weyerhaeuser name and will continue to be traded under the WY ticker symbol on the New York Stock Exchange.

Bed Bath & Beyond Inc (BBBY) Declined to $38.75

The prices of Bed Bath & Beyond Inc (BBBY) shares declined to $38.75 on April 28, which is only 3.8% above the 3-year low of $37.28.

Bed Bath & Beyond Inc is an American international chain of merchandise retail stores that operate in the United States, Canada, and Mexico. These stores sell mostly bedroom, bathroom, and kitchen products. It has a total of 58,000 employees as of 2014.

Bed Bath & Beyond Inc has a market cap of $5.62 billion; its shares were traded around $38.75 with a P/E ratio of 8.45 and P/S ratio of 0.48. The trailing 12-month dividend yield of Bed Bath & Beyond Inc stocks is 1.32%. The forward dividend yield of Bed Bath & Beyond Inc stocks is 1.52%. Bed Bath & Beyond Inc had an annual average earnings growth of 13.30% over the past 10 years.

On April 5, Bed Bath & Beyond Inc reported financial results for the fourth quarter and full year of fiscal 2016 ended February 25, 2017. The company reported net earnings of $1.84 per diluted share for the fiscal fourth quarter compared with $1.91 per diluted share for the fiscal 2015 fourth quarter. Net sales for the fiscal 2016 fourth quarter were approximately $3.5 billion, an increase of approximately 3.4 percent from net sales reported in the fiscal 2015 fourth quarter.

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

This article first appeared on GuruFocus.