52-Week High Companies: TIF, MJN, D, V, WYNN

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Jul 18, 2011
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: Tiffany & Co. (TIF, Financial), Mead Johnson Nutrition Co. (MJN, Financial), Dominion Resources Inc. (D, Financial), Visa Inc. (V, Financial) and Wynn Resorts Ltd. (WYNN, Financial).


Tiffany & Co. (TIF) Reached the 52-Week High of $81.88



Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $10.46 billion; its shares were traded at around $81.88 with a P/E ratio of 26.2 and P/S ratio of 3.4. The dividend yield of Tiffany & Co. stocks is 1.4%. Tiffany & Co. had an annual average earnings growth of 8.3% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 3-star.


On May 26, Tiffany & Co. reported higher-than-expected net sales and earnings growth in its first quarter ended April 30, 2011. Net sales increased 20% worldwide. Net earnings increased 26% due to the sales growth and improved margins. Management increased its earnings forecast for fiscal 2011.


Senior Vice President Gross Victoria Berger sold 9,750 shares of TIF stock this month.


In June, Chairman and CEO Michael Joseph Kowalski, Executive Vice President and CFO James N. Fernandez, President James E. Quinn, Senior Vice President Gross Victoria Berger, Senior Vice President John S. Petterson, and Executive Vice President Jon M. King sold shares.


Mead Johnson Nutrition Co. (MJN) Reached the 52-Week High of $69.27

Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutrition Co. has a market cap of $14.15 billion; its shares were traded at around $69.27 with a P/E ratio of 27.2 and P/S ratio of 4.5. The dividend yield of Mead Johnson Nutrition Co. stocks is 1.5%.


On April 28, Mead Johnson Nutrition Company announced its financial results for the first quarter ended March 31, 2011. Net sales in the quarter were up 18 percent versus the first quarter of 2010. Excluding the favorable impact of foreign exchange, sales increased 15 percent. GAAP net earnings of $0.71 per diluted share for the first quarter of 2011 were up from $0.61 per diluted share a year ago. Non-GAAP (1)net earnings of $0.76 per diluted share were up 17 percent from $0.65 per diluted share for 2010.


In May, Director James M. Cornelius bought 10,000 shares of MJN stock. Director Howard B. Bernick bought 5,307 shares in March.


Dominion Resources Inc. (D) Reached the 52-Week High of $48.46



Dominion Resources is a producer of energy. Dominion has one of the larger British Thermal Unit production capability among integrated utilities in the northeast quadrant of the United States. Dominion Resources Inc. has a market cap of $27.9 billion; its shares were traded at around $48.46 with a P/E ratio of 14.7 and P/S ratio of 1.8. The dividend yield of Dominion Resources Inc. stocks is 4.1%. Dominion Resources Inc. had an annual average earnings growth of 3.9% over the past 10 years.


On April 28, Dominion announced unaudited reported earnings for the three months ended March 31, 2011, of $479 million ($0.82 per share), compared with reported earnings of $174 million ($0.29 per share) for the same period in 2010. Operating earnings for the three months ended March 31, 2011, amounted to $541 million ($0.93 per share), compared to operating earnings of $576 million ($0.96 per share) for the same period in 2010.


In May, Director William P. Barr bought 2,076 shares of D stock. Director Helen E. Dragas bought 14,584 shares in March.


Visa Inc. (V) Reached the 52-Week High of $88.75



Visa Inc. operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $73.67 billion; its shares were traded at around $88.75 with a P/E ratio of 20.3 and P/S ratio of 9.2. The dividend yield of Visa Inc. stocks is 0.7%.


Visa Inc. will report its fiscal third quarter 2011 financial results on Wednesday, July 27, 2011. The results will be included in a press release, with accompanying financial information that will be released after market close and posted on the Visa Investor Relations website.


Wynn Resorts Ltd. (WYNN) Reached the 52-Week High of $162.62

Wynn Resorts Limited and its wholly-owned subsidiaries Wynn Las Vegas and Wynn Capital will own and operate Le Reve, which they've designed to be the preeminent luxury hotel and destination casino resort in Las Vegas. Wynn Resorts Ltd. has a market cap of $20.29 billion; its shares were traded at around $162.62 with a P/E ratio of 50.8 and P/S ratio of 4.9. The dividend yield of Wynn Resorts Ltd. stocks is 0.5%. Wynn Resorts Ltd. had an annual average earnings growth of 28.9% over the past five years.


In May, CFO, Treasurer Matt Maddox, SVP/General Counsel/Secretary Kimmarie Sinatra, and COO Marc D. Schorr sold shares of WYNN stock.


On April 19, Wynn Resorts reported financial results for the first quarter ended March 31, 2011. Net revenues for the first quarter of 2011 were $1,260.3 million, compared to $908.9 million in the first quarter of 2010. The revenue increase was driven by a 46.6% increase in revenues at Wynn Macau and a 24.0% revenue increase from our Las Vegas operations. Adjusted property EBITDA was $405.0 million for the first quarter of 2011, compared to $241.9 million in the first quarter of 2010.