Business Services - 16 Companies on 52-Week Low: Billionaire Stakeholder Review

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The GuruFocus special feature 52-week low screener reveals that the business services sector currently shows 16 companies out of 176 on a 52-week low. The low ratio is 0.09. Stocks on a 52-week low can signal different kinds of challenges and conditions. For those investing for the long term, it may be assuring to know that Guru Chuck Royce holds more than 8 million shares of Ritchie Bros. Auctioneers Inc. ( RBA ) or that Guru Glenn Greenberg holds 13.45% of shares outstanding of Higher One Holdings Inc. ( ONE ).

GuruFocus research unearthed these three stocks hitting new lows with billionaires still backing them. As of June 30, 2013, all are held by billionaire investors with active insider trading.

Industry Sector: Business Services

Higher One Holdings Inc. ( ONE )

Down 49% over 12 months, Higher One Holdings Inc. has a market cap of $328.5 million, and trades with a P/E of 11.20 and a P/B of 4.80.

The current share price is around $6.99, or 49.1% off the 52-week high of $13.72. The yield is 0.00%.

Higher One Holdings Inc. provides technology-based refund disbursement, payment processing and data analytics services to higher education institutions and students. It also provides banking services to campus communities.

Guru Action: As of June 30, 2013, there are three guru stakeholders and very active insider selling to report .

Two billionaire investors sold out in the second quarter.

The top Guru stakeholder is Glenn Greenberg who decreased his position by 1.21% in the second quarter. He sold 77,347 shares at an average price of $10.22 per share, for a loss of 31.6%. His current shares of 6,319,325 represent 13.45% of shares outstanding and 3.4% of his total assets managed.

In six quarters of trading he had a loss of 55% on 8,834,913 shares bought at an average price of $15.50 per share. He had a loss of 34% on 2,515,588 shares bought at an average price of $10.64 per share.

Track share pricing, revenue and net income:



Ritchie Bros. Auctioneers Inc. ( RBA )

Up 2% over 12 months, Ritchie Bros. Auctioneers Inc. has a market cap of $2.17 billion, and trades with a P/E of 29.10 and a P/B of 3.30.

The current share price is around $20.36, or 13.6% off the 52-week high of $23.57. The yield is 2.40%.

Ritchie Bros. Auctioneers Inc. is a Canadian company that operates as an industrial auctioneer, selling industrial equipment and other assets for a wide variety of industries at its unreserved auctions worldwide. The company's purpose is to use unreserved auctions to create a global marketplace for its customers. Ritchie Bros. attracts a base of bidders from around the world to its auctions related to construction, transportation, material handling, mining, forestry, petroleum, marine, real estate and agriculture.

Guru Action: As of June 30, 2013, there are six guru stakeholders and insider trading to report.

Two billionaire investors made new buys in second quarter, and one sold out.

The top Guru stakeholder is Chuck Royce, who increased his position by 0.32 in the second quarter. He bought 26,100 shares at an average price of $20.23 per share, for a gain of 0.5%. His current shares of 8,276,470 represent 7.75% of shares outstanding and 0.49% of his total assets managed.

Across a mixed five-year history, Royce had a loss of 6% on 1,937,300 shares bought at an average price of $21.65 per share. He had a loss of 17% selling 2,490,937 at an average price of $24.59 per share.

Track share pricing, revenue and net income:



Brady Corporation ( BRC )

Up 2% over 12 months, Brady Corporation has a market cap of $1.56 billion, and trades with a P/E of 46.90 and a P/B of 1.90.

The current share price is around $30.30, or 16.9% off the 52-week high of $36.45. The yield is 2.50%.

Incorporated in 1914, Brady Corporation is an international manufacturer of identification solutions and specialty materials that identify and protect premises, products and people. The company is organized on a geographic basis within three regions as reporting segments: Americas, EMEA (Europe, the Middle East and Africa), and Asia-Pacific.

Guru Action: As of June 30, 2013, there are four guru stakeholders and very active insider selling.

There were no new buys made by billionaire investors in the second quarter of 2013, and two sell outs.

The top Guru stakeholder is Chuck Royce who reduced his position by 3.18% in the second quarter. He sold 124,412 shares at an average price of $32.53 per share, for a loss of 7.3%. His current shares of 3,789,388 represent 7.33% of shares outstanding and 0.36% of his total assets managed.

Royce's five-year history shows a loss of 1% on 2,910,900 shares bought at an average price of $30.40 per share. He had a loss of 1% selling 382,912 shares at an average price of $29.71 per share.

Track share pricing, revenue and net income:







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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: BRC , ONE , RBA

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