52-Week High Companies: Australia and New Zealand Banking Group, HDFC Bank Ltd., Guangshen Railway Company Ltd., Marvel Entertainment Inc., and Dendreon Corp.

52-Week High Companies

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Jun 13, 2009
According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Australia and New Zealand Banking Group (ANZBY, Financial), HDFC Bank Ltd. (HDB, Financial), Guangshen Railway Company Ltd. (GSH, Financial), Marvel Entertainment Inc. (MVL, Financial), and Dendreon Corp. (DNDN, Financial)

Australia and New Zealand Banking Group (ANZBY) Reached the 52-Week High of $100

Austria and New Zealand Banking Group provides general banking services, hire purchase and general finance, life assurance, property development, mortgage, lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas, and the Middle East. Australia and New Zealand Banking Group has a market cap of $23.81 billion; its shares were traded at around $100 with and P/S ratio of 0.72. The dividend yield of Australia and New Zealand Banking Group stocks is 6.25%.

Australia and New Zealand Banking Group announced on April 29, 2009 an underlying profit of $1,908 million up 20% on the preceding period (up 4% on the prior comparable period) for the Half-year ended 31 March 2009.

HDFC Bank Ltd. (HDB) Reached the 52-Week High of $106.7

HDFC BANK's mission is to be a World Class Indian Bank. The Bank's aim is to build a sound customer franchise across distinct businesses so as to be the preferred provider of banking services in the niche segments that the bank operates in and to achieve healthy growth in profitability consistent with the bank's risk appetite. The bank aims to ensure the highest level of ethical standards professional integrity and regulatory compliance. HDFC Bank's business philosophy is based on four core values: Operational Excellence Customer Focus Product Leadership and People. HDFC Bank Ltd. has a market cap of $12.61 billion; its shares were traded at around $106.7 with a P/E ratio of 30.8 and P/S ratio of 3. HDFC Bank Ltd. had an annual average earning growth of 60.7% over the past 5 years.

HDB is in the portfolio of Kenneth Fisher of Fisher Asset Management, LLC.

Guangshen Railway Company Ltd. (GSH) Reached the 52-Week High of $25.52

Guangshen Railway Co. Ltd. operates the sole railroad between Guangzhou and Shenzhen in the China's Pearl River Delta. Guangshen Railway Company Ltd. has a market cap of $3.62 billion; its shares were traded at around $25.52 with and P/S ratio of 2.1. The dividend yield of Guangshen Railway Company Ltd. stocks is 2%. Guangshen Railway Company Ltd. had an annual average earning growth of 17.5% over the past 5 years.

On April 29, Guangshen Railway Company Ltd. reported results for the first quarter of 2009. Operating revenues were $872 million, representing an increase of 10.41% over the corresponding period of 2008. Net profit attributable to equity holders of the Company was $274 million, an increase of 16.58% year-on-year .

Marvel Entertainment Inc. (MVL) Reached the 52-Week High of $37.51

With a library of over 5000 characters, Marvel Entertainment Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused on utilizing its character franchises in licensing entertainment publishing and toys. Areas of emphasis include feature films DVD/home video consumer products video games action figures and role-playing toys television and promotions. Marvel's strategy is to leverage its character franchises in a growing array of opportunities around the world. Marvel Entertainment Inc. has a market cap of $2.94 billion; its shares were traded at around $37.51 with a P/E ratio of 14.5 and P/S ratio of 4.3. Marvel Entertainment Inc. had an annual average earning growth of 15.4% over the past 5 years.

MVL is in the portfolios of Richard Aster Jr of Meridian Fund and Ron Baron of Baron Funds.

Last month, Sell: EVP and CFO Kenneth P West sold 30,000 shares of MVL stock and the price of the stock increased by 14.6%. Buy: Director James Breyer bought 75,000 shares total from December to May and Sell: EVP, Office of Chief Executive John Turitzin sold 12,500 shares last month.

Dendreon Corp. (DNDN) Reached the 52-Week High of $25.6

Dendreon Corporation discovers and develops immunologically based therapeutic products for the treatment of cancer. Through the use of antigen engineering and proprietary cell separation technologies, Dendreon develops therapeutic vaccines that induce cell-mediated immunity the body's key defense against cancer. Dendreon Corp. has a market cap of $2.92 billion; its shares were traded at around $25.6 with and P/S ratio of 26318.7. Dendreon Corp. had an annual average earning growth of 15.3% over the past 5 years.

On May 6, 2009, Dendreon Corporation reported results for the first quarter ended March 31, 2009. Revenue was $30,000 compared to $31,000 for the quarter ended March 31, 2008. The net loss for the quarter was $15.4 million compared to a net loss for the same quarter of 2008 of $19.5 million.

DNDN is in the portfolio of PRIMECAP Management.

Sell: President & CEO Mitchell Gold and Sell: Sr. VP, CFO & Treasurer Gregory T Schiffman both sold shares of DNDN stock on 4/29/2009; the price increased over 10%. Other directors have been selling shares of DNDN since April.