Stocks That Fell to 3-Year Lows in the Week of Feb. 2

GuruFocus.com
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- By Shuda Xia

Simon Property Group Inc (SPG), Ford Motor Co (NYSE:F), Shire PLC (SHPG), and Public Storage (PSA) have declined to their three-year lows.

Simon Property Group Inc (SPG) declined to $156.52

The prices of Simon Property Group Inc (SPG) shares have declined to $156.52 on Feb. 2, which is only 4.1% above the 3-year low of $150.15.


Simon Property Group Inc. is an American international real estate company that is currently the largest real estate investment trust in the United States. It is also the largest shopping mall operator in the United States. The company operates from five retail real estate platforms, including regional malls, premium outlet centers, The Mills, community centers, and international properties.

Simon Property Group Inc has a market cap of $48.66 billion; its shares were traded around $156.52 with a P/E ratio of 25.03 and P/S ratio of 8.82. The trailing 12-month dividend yield of Simon Property Group Inc stocks is 4.57%. The forward dividend yield of Simon Property Group Inc stocks is 4.64%. Simon Property Group Inc had an annual average earnings growth of 3.40% over the past 10 years.

On Jan. 31 Simon Property Group Inc. reported fourth quarter and full year 2017 financial results. Net income for the year attributable to common stockholders was $1.945 billion, or $6.24 per diluted share, compared to $1.836 billion, or $5.87 per diluted share, in the prior year period. Funds from operations for the year was $4.201 billion, or $11.21 per diluted share, as compared to $3.793 billion, or $10.49 per diluted share, in the prior year period.

Ford Motor Co (NYSE:F) declined to $10.71

The prices of Ford Motor Co (NYSE:F) shares have declined to $10.71 on Feb. 2, which is only 2.5% above the 3-year low of $10.44.

Ford Motor Co is an American international automaker that sells automobiles and commercial vehicles under the Ford brand and most luxury models under the Lincoln brand. The company also owns Brazilian SUV manufacturer Troller and Australian performance car manufacturer FPV. The company has multiple joint-ventures in China, Taiwan, Thailand, Turkey, and Russia.

Ford Motor Co has a market cap of $42.22 billion; its shares were traded around $10.71 with a P/E ratio of 5.65 and P/S ratio of 0.28. The trailing 12-month dividend yield of Ford Motor Co stocks is 5.59%. The forward dividend yield of Ford Motor Co stocks is 5.49%. Ford Motor Co had an annual average earnings growth of 3.70% over the past 5 years.

On Jan. 25 Ford Motor Co announced that Brian Schaaf has been named as chief financial officer and treasurer. Currently, Mr. Schaaf is controller of Ford Motor Company Global Purchasing. Mr. Schaaf will be responsible for Ford Credit financial planning, analysis, accounting, and capital strategy.

Shire PLC (SHPG) declined to $139.19

The prices of Shire PLC (SHPG) shares have declined to $139.19 on Feb. 2, which is only 1.5% above the 3-year low of $137.17.

Shire PLC is an Ireland based global specialty biopharmaceutical company that focuses on serving people with rare diseases and highly specialized conditions. Its brands include Vyvanse, Lialda, and Adderall XR, and its products are available in more than 100 countries. The company is also a constituent of the FTSE 100 Index.

Shire PLC has a market cap of $41.89 billion; its shares were traded around $139.19 with a P/E ratio of 22.10 and P/S ratio of 2.62. The trailing 12-month dividend yield of Shire PLC stocks is 0.66%. The forward dividend yield of Shire PLC stocks is 0.65%. Shire PLC had an annual average earnings growth of 12.40% over the past 5 years.

On Jan. 24 Shire PLC announced that the U.S. Food and Drug Administration has granted approval for the technology transfer of the drug manufacturing process of CINRYZE, an injectable prescription medicine that is used to help prevent swelling and painful attacks in teenagers and adults with hereditary Angioedema, to its Vienna, Austria manufacturing site. The company will begin commercial manufacturing of the drug in Vienna in the first quarter of 2018.

Public Storage (PSA) declined to $190.31

The prices of Public Storage (PSA) shares have declined to $190.31 on Feb. 2, which is only 4.3% above the 3-year low of $182.08.

Public Storage is an American international self-storage company run as a real estate investment trust. It is the largest brand of self-storage service in the U.S., and in 2008 it was the largest of four publicly traded storage real estate investment trusts. There is a total of 2,200 Public Storage locations in the U.S., Canada, and Europe.

Public Storage has a market cap of $33.12 billion; its shares were traded around $190.31 with a P/E ratio of 27.77 and P/S ratio of 12.51. The trailing 12-month dividend yield of Public Storage stocks is 4.20%. The forward dividend yield of Public Storage stocks is 4.19%. Public Storage had an annual average earnings growth of 6.60% over the past 10 years.

On Dec. 15, 2017 Public Storage announced that it has opened its newest self-storage location, its seventh in the Houston area in 2017. Together, they add more than a million square feet of new storage in less than a year in one of the company's largest and most important markets.

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

This article first appeared on GuruFocus.


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