GuruStocks That Made 52-Week Highs: MMI, DG, ENB, PM, KMP

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Nov 21, 2011
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.


Motorola Mobility Holdings (MMI, Financial) Reached the 52-Week High of $38.76


The prices of Motorola Mobility Holdings (MMI) shares have declined to close to the 52-Week High of $38.76. Motorola Mobility Holdings operates as a provider of technologies products and services for handset and television set-top box units. Motorola Mobility Holdings has a market cap of $11.6 billion; its shares were traded at around $38.76 with and P/S ratio of 1.


On Nov. 17, 2011, Motorola Mobility Holdings Inc. announced that at the company’s special meeting of stockholders held stockholders voted overwhelmingly to approve the proposed merger with Google Inc. (GOOG).


Previously on Aug. 15, 2011, Motorola Mobility and Google entered into a definitive agreement for Google to acquire Motorola Mobility for $40.00 per share in cash, or a total of approximately $12.5 billion. The company previously disclosed that it expected the merger to close by the end of 2011 or early 2012. It currently believes that the close is expected to occur in early 2012.


Senior Vice President and CFO Marc E. Rothman sold 27,060 shares of MMI stock on 11/02/2011 at the average price of $39. Marc E. Rothman owns at least 85,837 shares after this. The price of the stock has decreased by 0.62% since.


Other insiders Geoffrey S. Roman , Daniel M. Moloney, Mark R. Valentine, David Scott Offer, and William C. Ogle also sold shares in the recent months.


Dollar General (DG, Financial) Reached the 52-Week High of $39.71


The prices of Dollar General (DG) shares have declined to close to the 52-Week High of $39.71.


Dollar General Corporation is a discount retailer in the United States. Dollar General has a market cap of $13.56 billion; its shares were traded at around $39.71 with a P/E ratio of 19.6 and P/S ratio of 1.


On Nov. 18, 2011 Dollar Tree Inc. posted strong fiscal 2011 third-quarter earnings of 87 cents a share, up 19.2% from the year-ago earnings of 73 cents a share, surpassing its earnings guidance range of 77 cents to 83 cents. Moreover, quarterly earnings also beat the consensus estimate of 83 cents a share. Higher sales of Halloween goods and early snowstorm at some parts of the country benefited Dollar Tree to post robust quarterly results.


Chairman & CEO Richard W. Dreiling and Executive Vice President and CFO David M. Tehle sold shares in the recent months.


Enbridge Inc. (ENB, Financial) Reached the 52-Week High of $35.24


The prices of Enbridge Inc. (ENB) shares have declined to close to the 52-Week High of $35.2.


Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. Enbridge Inc. has a market cap of $27.29 billion; its shares were traded at around $35.24 with a P/E ratio of 24.4 and P/S ratio of 1.7. The dividend yield of Enbridge Inc. stocks is 2.7%. Enbridge Inc. had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Enbridge Inc. the business predictability rank of 3.5-star.


On Nov. 9, 2011, company announced third quarter 2011 results: Third quarter earnings were $4 million after unrealized non-cash mark-to-market accounting impacts; year-to-date earnings were $656 million, or $0.87 per common share. Third quarter and nine month adjusted earnings were $241 million, or $0.32 per common share, and $835 million, or $1.11 per common share, respectively.


Philip Morris International (PM, Financial) Reached the 52-Week High of $73.09


The prices of Philip Morris International (PM) shares have declined to close to the 52-Week High of $73.09. Philip Morris International is owned by Gurus we are tracking. Among them, have added to their positions during the past quarter. reduced their positions. Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International has a market cap of $128.38 billion; its shares were traded at around $73.09 with a P/E ratio of 15.4 and P/S ratio of 1.8. The dividend yield of Philip Morris International stocks is 4.2%.


Recently, company has reported third quarter 2011 results: Reported diluted earnings per share of $1.35, up by 36.4%, or by 32.3% excluding currency, versus $0.99 in 2010. Reported net revenues, excluding excise taxes, up by 26.4% to $8.4 billion, or by 15.9% excluding currency.


Recently, Director Sergio Marchionne has been buying shares of the company repeatedly.


Kinder Morgan Energy Partners LP (KMP, Financial) Reached the 52-Week High of $76.94


The prices of Kinder Morgan Energy Partners LP (KMP) shares have declined to close to the 52-week high of $76.94.


Kinder Morgan Energy Partners LP serves as the sole general partner of a partnership formed to acquire, own and operate three pipeline systems used to transport natural gas liquids, refined petroleum products and carbon dioxide. Kinder Morgan Energy Partners LP has a market cap of $17.64 billion; its shares were traded at around $76.94 with a P/E ratio of 47 and P/S ratio of 2.2. The dividend yield of Kinder Morgan Energy Partners LP stocks is 6%. Kinder Morgan Energy Partners LP had an annual average earnings growth of 8.4% over the past 10 years.


On Oct. 19, 2011, KMP announced an increase of quarterly distribution per common unit to $1.16 ($4.64 annualized) payable on Nov. 14, 2011, to unitholders of record as of Oct. 31, 2011. The distribution represents a 5 percent increase over the third quarter 2010 cash distribution per unit of $1.11 ($4.44 annualized). KMP has increased the distribution seven consecutive quarters and 42 times since current management took over in February of 1997.