5 Companies Hit Yearly Highs

Recently, multiple companies have managed to achieve 52-week peaks

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Jan 29, 2019
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According to GuruFocus list of 52-week highs, these guru stocks have reached their highest prices in a year.

HCP Inc. (HCP, Financial) reached the 52-week high of $30.37

HCP Inc. is a real estate investment trust. It invests in real estate serving the health care industry in the U.S. It acquires, develops, leases, manages and disposes of health care real estate and provides financing to healthcare providers. HCP has interests in roughly 300 senior housing facilities, 100 life science properties, 200 medical office buildings, hospitals, and other health care properties. It also owns roughly $875 million of debt investments in these areas.

The price of HCP Inc. shares has reached $30.37, which is 0.0% off the 52-week high of $30.38. HCP Inc. has a market cap of $14.5 billion; its shares were traded around $30.37 with a price-earnings ratio of 86.77 and price-sales ratio of 8.02. The trailing 12-month dividend yield of HCP Inc. stocks is 4.87%. The forward dividend yield of HCP Inc. stocks is 4.87%.

HCP Inc. recently announced results for the third quarter ended Sept. 30, 2018. For the quarter, the company generated net income of 21 cents per share, FFO of 33 cents per share and FFO as adjusted of 44 cents per share.

Fiserv Inc. (FISV, Financial) reached the 52-week high of $85.07

Fiserv Inc. is a business solutions provider. Its service offering primarily includes electronic processing services. Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions. It serves over 13,000 clients, with a focus on its legacy business with small and midsize banks.

The price of Fiserv Inc. shares has reached $85.07, which is 0.1% off the 52-week high of $85.12. Fiserv Inc. has a market cap of $33.28 billion; its shares were traded around $85.07 with a price-earnings ratio of 24.87 and price-sales ratio of 6.15. Fiserv Inc. had an annual average earnings growth of 10.50% over the past 10 years. GuruFocus rated Fiserv Inc. the business predictability rank of 4-star.

Fiserv Inc. recently announced selected preliminary financial results for the fourth quarter and full year 2018. Fiserv expects to report GAAP revenue of $1.55 billion and $5.82 billion for the fourth quarter and full year 2018, respectively, or an increase of 2% in each period compared to the prior year periods. GAAP earnings per share from continuing operations is expected to be in the range of 71 cents to 72 cents for the fourth quarter of 2018, or a decrease of approximately 43% compared to the prior year period. GAAP earnings per share from continuing operations is expected to be in the range of $2.87 to $2.88 for the full year, relatively consistent compared to the prior year.

President and CEOÂ Jeffery W. Yabuki sold 50,000 shares of Fiserv stock on Jan. 16, 2019, at the price of $71.20 per share. The price of the stock has increased by 19.48% since.

Ball Corp. (BLL, Financial) reached the 52-week high of $51.75

Ball Corp. is the world's largest metal can manufacturer. The company primarily serves the North American food can market with its packaging products and the U.S. defense industry by offering various components used in the space mission. Ball Corp. is the world's largest metal can manufacturer. The company remains focused on both cost reductions associated with its acquisition of Rexam, and on pivoting toward faster-growing emerging-market economies in beverage cans. Ball maintains a small presence in both the North American food can market and the U.S. defense industry through its aerospace segment.

The price of Ball Corp. shares has reached $51.75, which is 0.8% off the 52-week high of $52.18. Ball Corp. has a market cap of $17.55 billion; its shares were traded around $51.75 with a price-earnings ratio of 39.50 and price-sales ratio of 1.58. The trailing 12-month dividend yield of Ball Corp. stocks is 0.77%. The forward dividend yield of Ball Corp. stocks is 0.77%. Ball Corp. had an annual average earnings growth of 4.50% over the past 10 years.

Ball Corp. recently reported, on a U.S. GAAP basis, third quarter 2018 net earnings attributable to the corporation of $59 million or 17 cents per diluted share, on sales of $2.9 billion, compared to $48 million net earnings attributable to the corporation, or 13 cents per diluted share, on sales of $2.9 billion in 2017. Ball's third quarter and year-to-date 2018 comparable earnings per diluted share were 56 cents and $1.65, respectively, versus third quarter and year-to-date 2017 comparable earnings per diluted share of 52 cents and $1.44, respectively.

American Tower Corp. (AMT, Financial) reached the 52-week high of $167.41

American Tower Corp. is a real estate investment trust and an owner, operator and developer of multitenant communications real estate. The company leases the space of communications sites to wireless service providers, and wireless data providers. American Tower owns and leases roughly 150,000 cell towers throughout the U.S., Asia, Latin America, Europe and the Middle East. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for more than half of the company's total revenue in 2017. Outside the U.S., American Tower's greatest presence is in India and Brazil, where it operates roughly 58,000 and 19,000 towers, respectively. American Tower operates as a real estate investment trust.

The price of American Tower Corp. shares has reached $167.41, which is 0.7% off the 52-week high of $168.58. American Tower Corp. has a market cap of $73.74 billion; its shares were traded around $167.41 with a price-earnings ratio of 62.94 and price-sales ratio of 10.50. The trailing 12-month dividend yield of American Tower Corp. stocks is 1.88%. The forward dividend yield of American Tower Corp. stocks is 2.01%. American Tower Corp. had an annual average earnings growth of 15.50% over the past 10 years. GuruFocus rated American Tower Corp. the business predictability rank of 5-star.

American Tower Corp. recently reported financial results for the quarter ended September 30. Highlights include:

-Total revenue increased 6.2% to $1.786 billion.

-Property revenue increased 5.8% to $1.752 billion.

-Net income increased 12.7% to $377 million.

-Adjusted EBITDA increased 5.3% to $1.095 billion.

-Consolidated AFFO increased 9.8% to $821 million.

-Consolidated AFFO per share increased 6.9% to $1.85.

Executive Vice President and Chief Financial Officer Thomas A. Bartlett sold 51,203 shares of American Tower stock on Jan. 18 at the price of $165 per share. The price of the stock has increased by 1.46% since.

Cadence Design Systems Inc. (CDNS, Financial) reached the 52-week high of $46.59

Cadence Design Systems Inc. develops system design enablement solutions that are used to design whole electronics systems, complex integrated circuits and electronic devices. The firm provides maintenance services for its software, hardware and others. Cadence Design Systems develops system design enablement solutions that are used to design whole electronics systems, complex integrated circuits and electronic devices. The firm provides maintenance services for its software, hardware and product offerings. Customers include electronic systems and semiconductor companies, Internet infrastructure and service companies, and other technology companies that develop a range of electronic products. The renewal of customer contracts is dependent on new design project commencements. Roughly half of the firm's revenue is generated in the U.S., but the firm also has a sizable presence in Asia and Europe.

The price of Cadence Design Systems Inc. shares has reached $46.59, which is 1.7% off the 52-week high of $47.40. Cadence Design Systems Inc. has a market cap of $13.14 billion; its shares were traded around $46.59 with a price-earnings ratio of 56.13 and price-sales ratio of 6.34. Cadence Design Systems Inc. had an annual average earnings growth of 8.70% over the past five years.

Cadence Design Systems Inc. recently reported its results under new revenue rules. For the third quarter of 2018, Cadence reported revenue of $532 million, GAAP net income of $99 million, or 35 cents per share on a diluted basis, and non-GAAP net income of $139 million, or 49 cents per share on a diluted basis.

Note: I do not own the stocks discussed.