The Hartford Financial Services Group Inc. reached the 52-week high of $48.93
Hartford Financial Services(HIG, Financial) sells products through multiple distribution channels to consumers and businesses. Its operating business segments are Commercial Lines, Personal Lines, Property and Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution.Â
The price of Hartford Financial shares has reached $48.93, which is 1.5% off the 52-week high of $49.68. The company has a market cap of $18.48 billion; its shares were trading around $48.93 with a price-earnings (P/E) ratio of 14.10 and a price-earnings (P/S) ratio of 1.08. The trailing 12-month dividend yield is 1.76%. The forward dividend yield is 1.88%. Hartford Financial had annual average earnings growth of 6.20% over the past five years.
The company recently reported net income of $438 million in third-quarter 2016, an increase of 15% from third-quarter 2015. Core earnings were $413 million, an increase of 13% from the previous quarter. Net income per diluted share was $1.12 and core earnings per diluted share was $1.06, respective increases of 24% and 23% from 90 cents and 86 cents in third-quarter 2015. The increases resulted from higher net income and core earnings compared to the previous year, combined with an 8% decrease in weighted average diluted common shares outstanding. Over the past four quarters, the company repurchased 34.5 million common shares for a total of $1.5 billion.
Bank of America Corp. reached the 52-week high of $23.36
Bank of America (BAC, Financial), through its subsidiaries, provides a diversified range of banking and non-banking financial services and products through five business segments throughout the U.S. and select international markets.Â
The price of the company's shares has reached $23.36, which is 0.8% off the 52-week high of $23.55. The bank has a market cap of $234.83 billion; its shares were trading around $23.36 with a P/E ratio of 16.93 and a P/S ratio of 3.16. The trailing 12-month dividend yield is 1.07%. The forward dividend yield is 1.28%. Bank of America had annual average earnings growth of 46.90% over the past five years.
The company recently reported revenue for fourth-quarter 2016, net of interest expense, increased 2% to $20 billion from $19.6 billion in the comparable quarter of the previous year. Net interest income increased 6% to $10.3 billion. Net income increased 43% to $4.7 billion and EPS increased 48% to 40 cents.
Comcast Corp. reached the 52-week high of $75.95
Comcast (CMCSA, Financial) is a media and technology company with two main businesses, Comcast Cable and NBCUniversal. The company presents its operations in five reportable business segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.
The price of Comcast shares has reached $75.95, which is 1.2% off the 52-week high of $76.87. Comcast has a market cap of $180.38 billion; its shares were trading around $75.95 with a P/E ratio of 21.27 and P/S ratio of 2.30. The trailing 12-month dividend yield is 1.45%. The forward dividend yield is 0.83%. The company had annual average earnings growth of 12.70% over the past 10 years.
The company reported consolidated revenue for fourth-quarter 2016 increased 9.2% to $21.0 billion. Consolidated operating income increased 6.6% to $4.3 billion. Consolidated operating cash flow increased 7.8% to $6.8 billion. In addition, net cash provided by operating activities was $5.7 billion and free cash flow was $2.6 billion. Earnings per share increased 20.3% to 95 cents. On an adjusted basis, EPS increased 9.9% to 89 cents.
IHS Markit Ltd. reached the 52-week high of $39.46
IHS Markit (INFO, Financial) is engaged in providing critical information, analytics and solutions for diversified industries and markets. It delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that provide well-informed, confident decisions. The company has approximately 50,000 business and government customers, including 80% of the Fortune Global 500 and financial institutions.
The price of IHS Markit shares has reached $39.46, which is 1.3% off the 52-week high of $39.98. The company has a market cap of $16.65 billion; its shares were trading around $39.46 with a P/E ratio of 77.37 and P/S ratio of 4.46. The company had annual average earnings growth of 16.50% over the past 10 years.
The company recently reported revenue of $874 million for fourth-quarter 2016, including organic revenue growth of 1%, net income of $89 million and diluted EPS of 21 cents. In addition, it reported adjusted EBITDA of $338 million and  adjusted EPS of 48 cents. Lastly, cash flow from operations was $163 million and free cash flow was $115 million.
Director Robert P. Kelly bought 10,000 shares of IHS stock for an average price of $38.62 per share on Jan. 19. The stock price has increased by 2.18% since then.
Charles Schwab Corp. reached the 52-week high of $42.31
Charles Schwab (SCHW, Financial), through its subsidiaries, is engaged in securities brokerage, banking and related financial services. It provides financial services to individuals and institutional clients through two segments, namely Investor Services and Advisor Services.Â
The price of Charles Schwab shares has reached $42.31, which is 0.7% off the 52-week high of $42.61. The company has a market cap of $56.09 billion; its shares were trading around $42.31 with a P/E ratio of 32.55 and P/S ratio of 7.56. The trailing 12-month dividend yield is 0.64%. The forward dividend yield is 0.76%. The company had annual average earnings growth of 4.40% over the past 10 years.
The company announced recently its net income for fourth-quarter 2016 was a record $522 million, up 4% from $503 million in the prior quarter and up 25% from $416 million in fourth-quarter 2015. Net revenues were $1.9 billion, up from $1.7 billion in the previous year. Diluted EPS were 36 cents, up from 28 cents.
President and CEO Walter W. Bettinger sold 325,000 shares of the stock for an average price of $42.31 per share on Jan. 25. The stock price has not changed since then.
Disclosure: I do not own these stocks.
Start a free 7-day trial of Premium Membership to GuruFocus.
