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5 Utilities Outperforming the Market

GuruFocus.com
·4 mins read

According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned banks have outperformed the S&P 500 Index over the past 12 months through July 10.

American Water

American Water Works Co. Inc. (AWK) has a market cap of $23.6 billion. It has outperformed the S&P 500 by 6.92% over the past year.


Shares are trading with a price-earnings ratio of 37.45. As of Friday, the share price was 42.05% above the 52-week low and 7.77% below the 52-week high.

The water and wastewater utility has a GuruFocus profitability rating of 7 out of 10. While the return on assets of 2.83% is underperforming the sector, return on equity of 10.36% is outperforming 63% of companies in the regulated utilities industry. Its financial strength is rated 3 out of 10.

The company's largest guru shareholder is Pioneer Investments (Trades, Portfolio) with 0.54% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.41% and Joel Greenblatt (Trades, Portfolio)'s Gotham Asset Management with 0.02%.

The York Water

With a market cap of $589 million, The York Water Co. (YORW) has outperformed the S&P 500 by 22.19% over the past 12 months.

Shares are trading with a price-earnings ratio of 37.73. As of Friday, the price was 40.20% above the 52-week low and 9.19% below the 52-week high.

The U.S. water utility has a GuruFocus profitability rating of 8 out of 10. The return equity of 11.84% and return on assets of 4.35% are outperforming 67% of other utilities. Its financial strength is rated 4 out of 10. The equity-asset ratio of 0.37 is above the industry median of 0.35.

The company's largest guru shareholder is Simons' firm with 2.43% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 1.03%.

Sky Solar

Sky Solar Holdings Ltd. (SKYS) has a market cap of $111 million. It has outperformed the S&P 500 by 340% over the past year.

Shares are trading with a price-book ratio of 3.02. As of Friday, the price was 432% above the 52-week low and 7.48% below the 52-week high.

The independent power producer has a profitability rating of 4 out of 10. The return on equity of -71.33% and return on assets of -8.9% are underperforming 86% of companies in the utilities, independent power producers industry. Its financial strength is rated 2 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.17.

The company's largest guru shareholder is Simons' firm with 1.32% of outstanding shares.

NextEra

With a market cap of $123 billion, NextEra Energy Inc. (NEE) has outperformed the S&P 500 by 18.30% over the past 12 months.

Shares are trading with a price-earnings ratio of 34.90. As of Friday, the price was 44.16% above the 52-week low and 11.07% below the 52-week high.

The power distributor has a GuruFocus profitability rating of 7 out of 10. The return on equity of 9.79% and return on assets of 3.07% are outperforming 53% of companies in the utilities industry. Its financial strength is rated 3 out of 10 with a cash-debt ratio of 0.07.

Renaissance Technologies is the company's largest guru shareholder with 0.26% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.16% and the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.12%

NextEra Partners

NextEra Energy Partners LP (NEP) has a market cap of $3.5 billion. It has outperformed the S&P 500 by 8.75% over the past 12 months.

Shares are trading with a price-book ratio of 1.85. As of Friday, the price was 878.80% above the 52-week low and 11.94% below the 52-week high.

The company, which manages clean energy projects, has a profitability rating of 5 out of 10. The return on equity of -13.32% and return on assets of -2.4% are underperforming 80% of companies in the utilities, independent power producers industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.17.

The company's largest guru shareholder is Mario Gabelli (Trades, Portfolio)'s GAMCO Investors with 0.18% of outstanding shares, followed by Simons' firm with 0.16%.

Disclosure: I do not own any of the stocks mentioned.

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This article first appeared on GuruFocus.