5 Companies Hit Yearly Highs

UnitedHealth Group, Broadcom among those achieving milestones

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Dec 20, 2016
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According to GuruFocus, these stocks have reached their 52-week highs.

VMware reached the 52-week high of $81.65

VMware Inc. (VMW, Financial) provides virtualization infrastructure solutions. It develops and markets its product and service offerings within three main product groups: SDDC or Software-Defined Data Center, End-User Computing, and Hybrid Cloud Computing.

The company offers development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The SDDC architecture consists of four main product categories: Compute, Storage and Availability, Network and Security, Management and Automation.

The price of VMware shares has reached $81.65, which is 1.7% off the 52-week high of $83.00. VMware has a market cap of $33.75 billion; its shares were traded around $81.65 with a price-earnings (P/E) ratio of 31.04 and price-sales (P/S) ratio of 5.02. VMware had an annual average earnings growth of 24.80% over the past 10 years. GuruFocus rated VMware the business predictability rank of 3.5-star.

The company recently reported third-quarter revenue of $1.78 billion, an increase of 6% from the third quarter of 2015. GAAP net income for the third quarter was $319 million, or 75 cents per diluted share, up 25% per diluted share compared to $256 million, or 60 cents per diluted share, for the third quarter of 2015. Non-GAAP net income for the quarter was $485 million, or $1.14 per diluted share, up 12% per diluted share compared to $433 million, or $1.02 per diluted share, for third quarter of 2015. GAAP operating income for the third quarter was $381 million, an increase of 17% from the third quarter of 2015. Non-GAAP operating income for the third quarter was $592 million, an increase of 12% from the third quarter of 2015.

Executive Vice President, Worldwide Sales Maurizio Carli sold 12,650 shares for $81.14 per share on Dec. 8. The stock price has increased by 0.63% since.

Broadcom reached the 52-week high of $181.07

Broadcom Ltd. (AVGO, Financial) is engaged in designing, developing and supplying analog and digital semiconductor connectivity solutions. Its product portfolio serves four primary end markets: wired infrastructure, wireless communications, enterprise storage and industrial and other. The company offers products including Broadband Access + Modems, Enterprise + Network Processors, Wireless Infrastructure, Ethernet Communication + Switching, Set-Top Box + Media Processors and Wireless Connectivity products.

The price of Broadcom shares has reached $181.07, which is 0.5% off the 52-week high of $181.94. Broadcom has a market cap of $71.94 billion; its shares were traded around $181.07 with a P/S ratio of 5.39. Broadcom's trailing 12-month dividend yield is 1.39%. The forward dividend yield is 2.29%. Broadcom had an annual average earnings growth of 25.30% over the past five years.

For the fourth fiscal quarter of 2016, the company reported that the quarterly interim dividend doubled to $1.02 per share from the prior quarter. There was a quarterly GAAP gross margin of 52.5% and quarterly non-GAAP gross margin from continuing operations of 60.8%. Quarterly GAAP diluted loss per share was $1.59; quarterly non-GAAP diluted earnings per share from continuing operations were $3.47.

Director Silver Lake (offshore) AIV GP sold 385,797 shares of Broadcom for $180.36 per share on Dec. 15. The stock price has increased by 0.39% since.

PNC Financial Services Group reached the 52-week high of $116.06

PNC Financial Services Group Inc. (PNC, Financial) is a diversified financial services company in the U.S. and is engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, providing products and services nationally, as well as other products and services in its markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois and many other states. It also provides products and services internationally.

The company operates in six reportable business segments: Retail Banking; Corporate & Institutional Banking; Asset Management Group; Residential Mortgage Banking; BlackRock; and Non-Strategic Assets Portfolio.

The price of PNC Financial Services Group shares has reached $116.06, which is 0.1% off the 52-week high of $116.20. PNC Financial Services Group has a market cap of $56.42 billion; its shares were traded around $115.98 with a P/E ratio of 16.09 and P/S ratio of 3.87.

PNC Financial Services Group's trailing 12-month dividend yield is 1.83%. The forward dividend yield is 1.92%. PNC Financial Services Group had an annual average earnings growth of 4.50% over the past 10 years.

The company has a reported net income of $1.0 billion, or $1.84 per diluted common share, for the third quarter compared with net income of $989 million, or $1.82 per diluted common share, for the second quarter and net income of $1.1 billion, or $1.90 per diluted common share, for the third quarter of 2015.

Controller Gregory H. Kozich sold 4,000 shares for $112.41 per share on Dec. 1. The stock price has increased by 3.18% since.

UnitedHealth Group reached the 52-week high of $161.84

UnitedHealth Group Inc. (UNH, Financial) operates as a diversified health and well-being company in the U.S. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals and military service members and health care coverage and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. Its OptumHealth segment offers health management services including care delivery and management, wellness and consumer engagement, distribution and health financial services.

The company's OptumInsight segment provides software and information products, advisory consulting services and business process outsourcing and support services to hospitals, physicians, commercial health plans, government agencies, life sciences companies and other organizations. Its OptumRx segment offers pharmacy care services and programs.

The price of UnitedHealth Group shares has reached $161.84, which is 0.4% off the 52-week high of $162.52. UnitedHealth Group has a market cap of $154.04 billion; its shares were traded around $161.84 with a P/E ratio of 23.92 and P/S ratio of 0.88. UnitedHealth Group's trailing 12-month dividend yield is 1.47%. The forward dividend yield is 1.52%. UnitedHealth Group had an annual average earnings growth of 11.70% over the past 10 years. GuruFocus rated UnitedHealth Group the business predictability rank of 5-star.

The company reported third-quarter revenues of $46.3 billion that grew 12% year over year. Third-quarter earnings from operations grew 19% year over year. Cash flows from operations were $7.2 billion in the third quarter. Adjusted cash flows from operations were $3.4 billion, up 22% year over year .Third-quarter net earnings were $2.03 per share. Adjusted net earnings grew 23% year over year to $2.17 per share.

Director Richard T. Burke sold 15,000 shares for $159.8 per share on Dec. 15. The stock price increased by 1.28% since.

Reynolds American reached the 52-week high of $56.01

Reynolds American Inc. (RAI, Financial) was incorporated in North Carolina on Jan. 2, 2004. The company, through its subsidiaries, manufactures cigarettes and other tobacco products under the Natural American Spirit brand in the U.S. Its reportable operating segments are RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists of the primary operations of R.J. Reynolds Tobacco Co. American Snuff offers adult tobacco consumers a range of differentiated smokeless tobacco products, moist snuff. RJR Tobacco's brands include many of the selling cigarettes in the U.S.

The price of Reynolds American shares has reached $56.01, which is 1.1% off the 52-week high of $56.65. Reynolds American has a market cap of $79.86 billion; its shares were traded around $56.01 with a P/E ratio of 14.90 and P/S ratio of 6.28. Reynolds American's trailing 12-month dividend yield is 3.14%. The forward dividend yield is 3.31%. Reynolds American had an annual average earnings growth of 8.30% over the past 10 years. GuruFocus rated Reynolds American the business predictability rank of 2-star.

The company recently reported an EPS of 60 cents for the third quarter, up 30.4% from the prior-year quarter. Third-quarter adjusted EPS was 61 cents, up 10.9%.

Disclosure: I do not own these stocks.

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