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5 Companies Hit 52-Week Highs

- By yifan900

According to GuruFocus list of 52-week highs , these Guru stocks have reached their 52-Week Highs.

UDR Inc. (UDR) reached the 52-week high of $42.43

UDR Inc. is a self-administered real estate investment trust. It owns, acquires, renovates, develops and manages apartment communities. UDR is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities in urban submarkets throughout the U.S. UDR divides its real estate portfolio into West, Mid-Atlantic, Southeast, Northeast and Southwest geographic segments. Cumulatively, the vast majority of the company's real estate assets are located in the western, mid-Atlantic, and northeastern areas of the U.S. in terms of total value. The urban markets of metropolitan Washington, D.C.; New York City; Orange County, California; and San Francisco, specifically, account for the majority of the value of UDR's real estate property portfolio. The company derives nearly all of its revenue in the form of rental income from leases.


The price of UDR Inc. shares has reached $42.43, which is 1.3% off the 52-week high of $42.98. UDR Inc. has a market cap of $11.69 billion; its shares were traded around $42.43 with a P/E ratio of 61.48 and P/S ratio of 11.05. The trailing 12-month dividend yield of UDR Inc. stocks is 3.02%. The forward dividend yield of Udr Inc. stocks is 3.01%. UDR Inc. had an annual average earnings growth of 7.60% over the past five years.

UDR Inc. recently reported third wuarter 2018 results. Highlights include:

  • Net income per share was 7 cents, funds from operations per share were 49 cents, FFO as adjusted per share was 49 cents and adjusted funds from operations per share were 44 cents.
  • Net income attributable to common stockholders was $17.6 million as compared to $15.3 million in the prior-year period. The increase was primarily due to higher income from operating properties.
  • Year-over-year same-store revenue, expense and net operating income growth for the quarter were 3.8%, 3.5% and 3.9%, respectively.



Chairman, CEO and President Thomas W. Toomey sold 40,000 shares of UDR stock on Nov. 14, 2018 at the price of $41.20 per share. The price of the stock has increased by 2.99% since.

Eversource Energy (ES) reached the 52-week high of $69.46

Eversource Energy is a public utility holding company, which is engaged in the energy delivery business. The company operates through electric distribution, electric transmission and natural gas distribution segments. Eversource Energy, previously Northeast Utilities, is a diversified holding company with subsidiaries that provide regulated electric, gas and water distribution service. With the addition of NStar's Massachusetts utilities in 2012 and Aquarion in 2017, the company's utilities now serve 4 million customers in the region. Eversource exited most of its unregulated businesses in 2006.

The price of Eversource Energy shares has reached $69.46, which is 0.5% off the 52-week high of $69.83. Eversource Energy has a market cap of $22.01 billion; its shares were traded around $69.46 with a price-earnings ratio of 21.23 and price-sales ratio of 2.66. The trailing 12-month dividend yield of Eversource Energy stocks is 2.87%. The forward dividend yield of Eversource Energy stocks is 2.92%. Eversource Energy had an annual average earnings growth of 3% over the past 10 years.

Eversource Energy recently reported earnings of $289.4 million, or 91 cents per share, in the third quarter of 2018, compared with earnings of $260.4 million, or 82 cents per share, in the third quarter of 2017. In the first nine months of 2018, Eversource Energy earned $801.7 million, or $2.52 per share, compared with earnings of $750.6 million, or $2.36 per share, in the first nine months of 2017. Results in the third quarter of 2018 include an after-tax impairment charge of $26 million, or 8 cents per share,

NRG Energy Inc. (NRG) reached the 52-week high of $40.53

NRG Energy Inc. is engaged in the utilities sector. Its primary business involves operation of power generation facilities, trading of energy, capacity and related products, transacting in and trading of fuel & transportation services. NRG Energy is one of the largest U.S. independent power producers, with 28 gigawatts of nuclear, coal, gas, and oil power generation capacity in Texas, California and the Eastern U.S. NRG also owns a controlling stake in NRG Yield, which has 2.8 gigawatts of renewable energy as of November 2017. NRG is one of the largest retail energy providers in the U.S., with roughly 2.8 million residential customers. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

The price of NRG Energy Inc. shares has reached $40.53, which is 1.9% off the 52-week high of $41.29. NRG Energy Inc. has a market cap of $11.75 billion; its shares were traded around $40.53 with and price-sales ratio of 1.07. The trailing 12-month dividend yield of NRG Energy Inc. stocks is 0.30%. The forward dividend yield of NRG Energy Inc. stocks is 0.30%.

NRG Energy Inc. recently reported third quarter 2018 income from continuing operations of $306 million. Income from continuing operations for the first nine months of 2018 of $601 million, or $1.91 per diluted common share, compared to income from continuing operations of $116 million, or 56 cents per diluted common share for the first nine months of 2017. Adjusted Ebitda for the three and nine months ending Sept. 30, 2018, was $677 million and $1.58 billion, respectively. Year-to-date cash from continuing operations totaled $758 million.

Pinnacle West Capital Corp. (PNW) reached the 52-week high of $90.78

Pinnacle West Capital Corp. is an investor owned electric utility holding company based in Phoenix, Arizona. It provides retail and wholesale electric service through its subsidiary Arizona Public Service. Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service. APS is a vertically integrated regulated utility that provides electric service to 1.2 million customers over a 35,000-square-mile service territory in Arizona, including the city of Phoenix. Approximately 35% of power sold comes from the company's 29% interest in the nearly 4 gigawatt Palo Verde nuclear plant. Operated by APS, Palo Verde is the largest nuclear plant in the U.S. APS will also have invested about $1 billion in utility-scale photovoltaic solar plants when the AZ Sun Program is completed.

The price of Pinnacle West Capital Corp. shares has reached $90.78, which is 0.6% off the 52-week high of $91.37. Pinnacle West Capital Corp. has a market cap of $10.17 billion; its shares were traded around $90.78 with a price-earnings ratio of 20.17 and price-sales ratio of 2.75. The trailing 12-month dividend yield of Pinnacle West Capital Corp. stocks is 3.11%. The forward dividend yield of Pinnacle West Capital Corp. stocks is 3.25%. Pinnacle West Capital Corp. had an annual average earnings growth of 3.50% over the past 10 years.

Pinnacle West Capital Corp. recently reported consolidated net income attributable to common shareholders for the 2018 third quarter of $315.0 million, or $2.80 per diluted share. This result compares with net income of $276.1 million, or $2.46 per share, for the same period a year ago.

Chairman, President and CEO Donald E. Brandt sold 15,876 shares of Pinnacle West Capital stock on Nov. 14, 2018 at the price of $88.59 per share. The price of the stock has increased by 2.47% since.

AvalonBay Communities Inc. (AVB) reached the 52-week high of $188.61

AvalonBay Communities Inc. operates in the real estate sector. As an investment trust, it develops multifamily communities in the U.S. AvalonBay Communities owns or has an interest in 285 apartment communities, with nearly 84,000 apartment units throughout 10 states and Washington, D.C., 27 communities under development, and billions of dollars' worth of cost in its potential pipeline.

The price of AvalonBay Communities Inc. shares has reached $188.61, which is 1.7% off the 52-week high of $191.91. Avalonbay Communities Inc. has a market cap of $26.07 billion; its shares were traded around $188.61 with a price-earnings ratio of 31.54 and price-sales ratio of 11.54. The trailing 12-month dividend yield of Avalonbay Communities Inc. stocks is 3.10%. The forward dividend yield of Avalonbay Communities Inc. stocks is 3.07%. Avalonbay Communities Inc. had an annual average earnings growth of 6.30% over the past 10 years.

AvalonBay Communities Inc. reported recently that net income attributable to common stockholders for the three months ended Sept. 30, 2018, was $192,486,000. This resulted in a decrease in earnings per share of 19.2% to $1.39 for the three months ended Sept. 30, 2018, from $1.72 for the prior-year period. Funds from operations attributable to common stockholders per share for the three months ended Sept. 30, 2018, decreased 3.4% to $2.26 from $2.34 for the prior-year period. Core FFO per share for the three months ended Sept. 30, 2018, increased 4.1% to $2.28 from $2.19 for the prior-year period.

Executive Vice President William M. Mclaughlin sold 23,302 shares of AvalonBay stock on Nov. 20, 2018 at the price of $186.87 per share. The price of the stock has increased by 0.93% since.

Note: I do not own the stocks discussed.

This article first appeared on GuruFocus.