52-Week High Companies: AMGN, CBE, FISV, NEWS, ACE

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Oct 01, 2012
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs: Amgen Inc. (AMGN, Financial), Cooper Industries Plc (CBE, Financial), Fiserv Inc. (FISV, Financial), News Corp. (NEWS, Financial) and ACE Limited (ACE, Financial).


Amgen Inc. (AMGN) Reached the 52-Week High of $84.29


The prices of Amgen Inc. shares have reached $84.29, which is 0.6% off the 52-week high of $84.81. Amgen Inc. discovers, develops and delivers innovative human therapeutics. Amgen, Inc. has a market cap of $63.23 billion; its shares were traded at around $84.29 with a P/E ratio of 13.7 and P/S ratio of 4.1. The dividend yield of Amgen Inc. stocks is 1.8%. Amgen Inc. had an annual average earnings growth of 13.1% over the past 10 years. GuruFocus rated Amgen Inc. the business predictability rank of 2.5-star.


On July 26, Amgen announced financial results for the second quarter of 2012. Total revenues increased 13 percent to $4,477 million, with 8 percent product sales growth driven by strong performance across the portfolio. Adjusted EPS grew 34 percent to $1.83 due to 23 percent adjusted operating income growth and lower shares outstanding. Adjusted net income increased 12 percent to $1,433 million. GAAP EPS increased 29 percent to $1.61 and GAAP net income increased 8 percent to $1,266 million.


This month, Director Kevin W. Sharer sold 349,625 shares of AMGN stock. Director Leonard D. Schaeffer, Director Judith C. Pelham, Director J. Paul Reason, and Senior Vice President and CCO Anna Richo sold shares in August. Chairman of the Board and CEO Kevin W. Sharer sold 7,000 shares in May.


Cooper Industries Plc (CBE) Reached the 52-Week High of $75.01


The prices of Cooper Industries Plc shares have reached $75.01, which is 1.3% off the 52-week high of $75.99. Cooper Industries Plc, formerly Cooper Industries Ltd. Cooper Industries Plc has a market cap of $12.21 billion; its shares were traded at around $75.01 with a P/E ratio of 18.1 and P/S ratio of 2.3. The dividend yield of Cooper Industries Plc stocks is 1.6%. Cooper Industries Plc had an annual average earnings growth of 7.8% over the past 10 years. GuruFocus rated Cooper Industries Plc the business predictability rank of 4-star.


On July 25, Cooper Industries Plc reported record second quarter earnings per share of $1.17, an increase of 22% compared to earnings per share of $.96 for the same period last year. Total operating profit margin was 16.7% for the second quarter of 2012, an increase from 15.8% in the same period last year. Second quarter 2012 revenues increased $100.8 million, or 7.4%, to $1.47 billion compared to revenues of $1.37 billion in the second quarter of the prior year. Core revenue growth was 5.5%, with acquisitions adding 3.6% and currency translation reducing reported revenues by 1.7% when compared to the prior year.


Fiserv Inc. (FISV) Reached the 52-Week High of $74.03


The prices of Fiserv Inc. shares have reached $74.03, which is 0.2% off the 52-week high of $74.19. Fiserv Inc., a Fortune 500 company, provides information management systems and services to the financial and insurance industries. Fiserv Inc. has a market cap of $10.07 billion; its shares were traded at around $74.03 with a P/E ratio of 15.1 and P/S ratio of 2.3. Fiserv Inc. had an annual average earnings growth of 14.5% over the past 10 years. GuruFocus rated Fiserv Inc. the business predictability rank of 3-star.


On July 30, Fiserv Inc. reported financial results for the second quarter of 2012. GAAP revenue in the second quarter was $1.10 billion compared with $1.07 billion in the second quarter of 2011. Adjusted revenue was $1.03 billion in the second quarter compared with $1.00 billion in 2011, an increase of 3 percent. For the first six months of 2012, GAAP revenue was $2.21 billion compared with $2.11 billion in 2011, and adjusted revenue was $2.06 billion compared with $1.99 billion in 2011, an increase of 4 percent. GAAP earnings per share from continuing operations for the second quarter was $1.18 compared with $0.67 in 2011, which included a loss from early debt extinguishment of $0.26 per share.


This month, Director Donald F. Dillon and Director Daniel P. Kearney sold shares of FISV stock. Executive Vice President, General Counsel and Secretary Charles W. Sprague and Executive Vice President, CFO,Treasurer and Assistant Secretary Thomas J. Hirsch sold shares in August.


News Corp (NWS) Reached the 52-Week High of $24.79


The prices of News Corp shares have reached $24.79, which is 1.7% off the 52-week high of $25.22. News Corporation's diversified global operations include the production and distribution of motion pictures and television programming; television, satellite and cable broadcasting; the publication of newspapers, magazines, books; the production and distribution of promotional and advertising products and services; the development of digital broadcasting; the development of conditional access and subscriber management systems; and the creation and distribution of popular on-line programming. News Corp has a market cap of $59.37 billion; its shares were traded at around $24.79 with a P/E ratio of 17.9 and P/S ratio of 1.8. The dividend yield of News Corp stocks is 0.7%.


On August 8, News Corporation reported financial results for the three months ending June 30, 2012. The company reported quarterly revenue of $8.4 billion, as compared to the $9.0 billion of revenue reported a year ago. The company reported quarterly total segment operating income of $1.2 billion, a $167 million decrease compared to $1.4 billion reported a year ago. The increase at the Cable Network Programming segment of $161 million, or 26%, was more than offset by decreases at the Company’s remaining segments. The Company reported quarterly net loss of $1.6 billion (-$0.64 per share) as compared to net income of $683 million ($0.26 per share) reported in the prior year quarter. The prior year quarterly results included a $254 million loss, net of tax resulting from the Company’s sale of Myspace.


In August, Executive Vice President and Deputy CFO John Nallen, Director Andrew Knight, Director Emeritus Stanley S. Shuman and Director Roderick I. Eddington sold shares of NWS stock. Director Lachlan K. Murdoch sold shares in June.


ACE Limited (ACE) Reached the 52-Week High of $75.6


The prices of ACE Limited shares have reached $75.6, which is 1.9% off the 52-week high of $77.04.

ACE Limited provides excess liability insurance for bodily injury, property damage and wrongful advertising.

ACE Limited has a market cap of $25.75 billion; its shares were traded at around $75.6 with a P/E ratio of 9.1 and P/S ratio of 1.5. The dividend yield of ACE Limited stocks is 2.6%. ACE Limited had an annual average earnings growth of 31.1% over the past 10 years.


On July 24, ACE Limited reported net income for the quarter ended June 30, 2012, of $0.96 per share, compared with $1.74 per share for the same quarter last year. Income excluding net realized gains (losses) was $2.17 per share, compared with $1.97 per share for the same quarter last year.Book value and tangible book value increased 1.3% and 1.8%, respectively, from March 31, 2012. Book value and tangible book value per share now stand at $75.98 and $61.75, respectively. Annualized operating return on equity for the quarter was 12.6%. The property and casualty (P&C) combined ratio for the quarter was 88.7%.


This month, CFO Philip V. Bancroft sold 42,745 shares of ACE stock. General Counsel Robert Cusumano and Director Robert Ripp sold shares in July. Director Peter Menikoff sold 2,487 shares in May and Director Michael G. Atieh sold 4,000 shares in April.