Stocks That Fell to 3-Year Lows in the Week of Feb. 16

BT Group PLC (BT), AvalonBay Communities Inc. (AVB), HCP Inc. (HCP), and Compass Minerals International Inc. (CMP) have declined to their respective three-year lows.

Author's Avatar
Feb 18, 2018
Article's Main Image

BT Group PLC (BT, Financial), AvalonBay Communities Inc. (AVB, Financial), HCP Inc. (HCP, Financial), and Compass Minerals International Inc. (CMP, Financial) have declined to their three-year lows.

BT Group PLC (BT, Financial) declined to $16.19

The prices of BT Group PLC (BT, Financial) shares have declined to $16.19 on Feb. 16, which is only 2.5% above the 3-year low of $15.79.

BT Group PLC is a British holding company which owns British Telecommunications, a British international telecommunications services company. BT Group has operations in more than 180 countries and its BT Global Services division provides telecoms services to corporate and government customers worldwide.

BT Group PLC has a market cap of $31.13 billion; its shares were traded around $16.19 with a P/E ratio of 14.49 and P/S ratio of 1.03. The trailing 12-month dividend yield of BT Group PLC stocks is 6.15%. The forward dividend yield of BT Group PLC stocks is 3.92%.

On Feb. 2 BT Group PLC reported results for the third fiscal quarter of 2017, ended Dec. 31, 2017. Revenue decreased 3% to £5,970 million and underlying revenue decreased by 1.5%. Adjusted EBITDA decreased 2% to £1,826 million while net cash inflow from operating activities increased £81 million to £1,596 million.

AvalonBay Communities Inc. (AVB, Financial) declined to $162.57

The prices of AvalonBay Communities Inc. (AVB, Financial) shares have declined to $162.57 on Feb. 16, which is only 4.8% above the 3-year low of $154.82.

AvalonBay Communities Inc. is an American real estate investment trust that primarily invests in apartments. The company owns more than 75,000 apartment units located in New England, New York City, Washington D.C., and Seattle. In September of 2017 the company acquired a 252-unit apartment community in Denver, Colorado, for $76.8 million.

AvalonBay Communities Inc. has a market cap of $22.45 billion; its shares were traded around $162.57 with a P/E ratio of 25.55 and P/S ratio of 10.57. The trailing 12-month dividend yield of AvalonBay Communities Inc. stocks is 3.50%. The forward dividend yield of AvalonBay Communities Inc. stocks is 3.65%. AvalonBay Communities Inc. had an annual average earnings growth of 6.60% over the past 10 years.

On Jan. 31 AvalonBay Communities Inc. reported operating results for the fourth fiscal quarter of 2017 ended Dec. 31, 2017. Furthermore, the company announced a 3.5% dividend increase. Net income for the quarter was $237.573 million while diluted earnings per share decreased 2.3% to $1.72. Diluted funds from operations per share for the quarter increased 4.3% to $2.18 from $2.09 during the same period last year.

HCP Inc. (HCP, Financial) declined to $22.68

The prices of HCP Inc. (HCP, Financial) shares have declined to $22.68 on Feb. 16, which is only 4.6% above the 3-year low of $21.64.

HCP Inc. is an American fully integrated real estate investment trust that focuses invests in real estate in the United States healthcare industry. The company’s portfolio stretches across various sectors, led by senior housing, life science, and medical offices. The company holds the distinction of the first healthcare real estate investment trust selected to the S&P 500 Index.

HCP Inc. has a market cap of $10.65 billion; its shares were traded around $22.68 with a P/E ratio of 26.38 and P/S ratio of 5.77. The trailing 12-month dividend yield of HCP Inc. stocks is 6.53%. The forward dividend yield of HCP Inc. stocks is 6.64%.

On Feb. 13 HCP Inc. reported results for the fourth quarter and full year ended Dec. 31, 2017. Net loss per share was $0.13 while adjusted funds from operations per share was $0.48. The company acquired an 11-asset portfolio of medical office buildings for $151 million and entered into a $115 million participating development financing agreement for a high-rise senior living development in downtown Seattle.

Compass Minerals International Inc. (CMP, Financial) declined to $62.80

The prices of Compass Minerals International Inc. (CMP, Financial) shares have declined to $62.80 on Feb. 16, which is only 4.9% above the 3-year low of $59.72.

Compass Minerals International Inc. is an American international producer of minerals, including salt, magnesium chloride, sulfate of potash, and other similar plant nutrition products. The company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to agricultural industries worldwide.

Compass Minerals International Inc. has a market cap of $2.12 billion; its shares were traded around $62.80 with a P/E ratio of 50.24 and P/S ratio of 1.55. The trailing 12-month dividend yield of Compass Minerals International Inc. stocks is 4.58%. The forward dividend yield of Compass Minerals International Inc. stocks is 4.57%.

On Feb. 13 Compass Minerals International Inc. reported results for the fourth quarter and full year 2017. Net loss for the fourth quarter was $4.4 million, or $0.13 per diluted share, compared to net earnings of $97.6 million, or $2.87 per diluted share, during the same period prior year. Full year net earnings declined to $42.7 million, or $1.25 per diluted share, from $162.7 million, or $4.79 per diluted share during the same quarter prior year.

Disclosure: I do not own stock in any of the companies mentioned in the article.