According to GuruFocus, these stocks have reached their 52-week highs.
First Republic Bank reached the 52-week high of $99.82
First Republic Bank (FRC, Financial) provides personalized, relationship-based services, including private banking, private business banking, real estate lending and wealth management services. The company also offers private banking and wealth management services to high-net-worth clients.
The price of First Republic shares has reached $99.82, which is 1.0% off the 52-week high of $100.86. The bank has a market cap of $15.7 billion; its shares were traded around $99.82 with a price-earning (P/E) ratio of 24.90 and a price-sales (P/S) ratio of 6.80. The trailing 12-month dividend yield is 0.65%. The forward dividend yield is 0.68%. First Republic had an annual average earnings growth of 5.50% over the past five years.
The company recently reported results for the second quarter of 2017. Revenues of $601.1 million were up 15.7% from the previous year. Net interest income was $499.7 million, up 17.8%. Net income was $176.8 million, up 12.2%. Diluted earnings per share of $1.01 were up 8.6%.
UDR reached the 52-week high of $39.84
UDR Inc. (UDR, Financial) is a real estate investment trust that owns, acquires, renovates, develops and manages apartment communities. The company derives nearly all of its revenue from rental income.
The price of UDR shares has reached $39.84, which is 1.1% off the 52-week high of $40.29. The company has a market cap of $10.65 billion; its shares were traded around $39.84 with a P/E ratio of 35.25 and P/S ratio of 11.04. The trailing 12-month dividend yield is 3%. The forward dividend yield is 3.08%. The company had an annual average earnings growth of 1.30% over the past 10 years.
The company reported for the first quarter of 2017 that net income per share was nine cents, funds from operations (FFO) per share was 45 cents, adjusted FFO was 45 cents per share and adjusted funds from operations (AFFO) per share was 43 cents. Net income attributable to common stockholders was $25 million as compared to $9.5 million in the prior-year period. The year-over-year increase was primarily due to higher revenues and a gain upon consolidation of CityLine. Year-over-year same-store revenue, expense and net operating income growth for the quarter were 4.6%, 3.8% and 4.9%.
CEO Thomas W. Toomey sold 25,000 shares of UDR stock on May 26 for an average price of $38.45 per share. The stock price has increased by 3.62% since then.
Associated Banc-Corp  reached the 52-week high of $25.03
Associated Banc-Corp (ASBPRD, Financial)Â is a commercial bank holding company. With more than $20 billion in assets and nearly 300 offices, the company is Wisconsin's second- largest bank. Half of its loans are in its home state, followed by 20% and 15% in Illinois and Minnesota. The rest are among 40 other states.
The price of Associated Banc-Corp shares has reached $25.03, which is 1.9% off the 52-week high of $25.50. The company has a market cap of $151.93 billion; its shares were traded around $25.03 with a P/E ratio of 18.88 and P/S ratio of 3.59. The trailing 12-month dividend yield is 2.68%. The forward dividend yield is 5.37%. The company had an annual average earnings growth of 12.1% over the past five years.
The company reported net income available to common equity of $54 million, or 35 cents per common share, for the quarter ended March 31. This compares to $40 million, or 27 cents per share, for the comparable quarter of 2016. Average loans of $20.1 billion grew $1.1 billion or 6% from the year-ago quarter, average deposits of $21.5 billion grew $891 million or 4%, net interest income of $180 million increased $8 million or 5% and the net interest margin of 2.84% improved from 2.81% in the year-ago quarter.
Citigroup reached the 52-week high of $64.59
Citigroup Inc. (C, Financial) is a financial services holding company that provides financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.Â
The price of Citigroup shares has reached $64.59, which is 0.2% off the 52-week high of $64.74. Citigroup has a market cap of $177.83 billion; its shares were traded around $64.59 with a P/E ratio of 13 and P/S ratio of 2.6. The trailing 12-month dividend yield is 1%. The forward dividend yield is 0.99%. The company had an annual average earnings growth of 14.7% over the past five years.
The company reported net income of $4.1 billion, or $1.35 per diluted share, on revenues of $18.1 billion for the first quarter of 2017. This compared to net income of $3.5 billion, or $1.10 per diluted share, on revenues of $17.6 billion in first-quarter 2016. Revenues increased 3% from the prior-year period, driven by growth in both the Institutional Clients Group (ICG) and Global Consumer Banking (GCB). This was partially offset by lower revenues in Corporate / Other due to the continued wind down of legacy assets. Net income of $4.1 billion increased 17%, driven by the higher revenues and lower cost of credit. Earnings per share of $1.35 increased 23% from $1.10 per diluted share in the prior-year period, driven by growth in net income and a 6% reduction in average diluted shares outstanding.
Chubb reached the 52-week high of $145.41
Chubb Ltd. (CB, Financial) provides a variety of insurance coverage to a diverse group of clients. ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination makes the new company one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal property and casualty insurance, reinsurance and life insurance.
The price of Chubb shares has reached $145.41, which is 0.9% off the 52-week high of $146.66. Chubb has a market cap of $69.77 billion; its shares were traded around $145.41 with a P/E ratio of 14.31 and P/S ratio of 2.14. The trailing 12-month dividend yield is 1.89%. The forward dividend yield is 1.94%. The company had an annual average earnings growth of 4.40% over the past 10 years.
The company reported net income of $1,093 million, or $2.31 per share, for the quarter ended March 31. This compares to $439 million, or 97 cents per share, for the same quarter last year. Operating income was $1,175 million, or $2.48 per share, compared with $1,019 million, or $2.26 per share, for the comparable quarter of 2016. The property and casualty combined ratio was 87.5% for the quarter. The book value per share increased 1.7% and the tangible book value per share increased 3.1% from Dec. 31, 2016 and now stand at $105.35 and $62.52, respectively.
Chairman and CEO Evan G. Greenberg sold 69,175 shares on June 6 for an average price of $144.73 per share. Since then, the stock price has increased by 0.47%.
Disclosure: I do not own these stocks.
