Stocks Up Today - URW, NEA, HTA, GNE

April 26, 2019 10:59 PM AEST | By Team Kalkine Media
 Stocks Up Today - URW, NEA, HTA, GNE

The following stocks with market valuations over a billion and positive YTD returns for 2019 caught investors’ eye as their share prices edged up with the close of trading.

Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield (ASX:URW) is the leading global developer and operator of flagship shopping destinations, with a portfolio valued at around EUR 65.2 billion as of December 31st, 2018, and operations across the most dynamic cities in Europe and the United States with 93 shopping centres and a footfall of around 1.2 billion/year. The Group has a secondary listing in Australia through Chess Depositary Interests. On April 26th, 2019, the URW stock closed market trading at AUD 12.380, up 3.59% with a positive YTD return of 10.14%.

For the first three months of 2019 ended March 31st, 2019, URW’s tenant sales in European shopping centres rose by 4.3% and footfall by 2.4% while the US specialty sales per sq ft grew by 5.3%. Besides, the proportionate turnover of URW for the period amounted to EUR 939.6 million, up 70.2% and there has been EUR 3.1 billion of disposals since June 7th, 2018.

Nearmap Ltd

Nearmap Ltd (ASX:NEA), based in Barangaroo, Australia offers online aerial photomapping services to clients across the United States and Australia. The company’s current market valuation stands at around AUD 1.47 billion with ~ 447.03 million outstanding shares. With the end of market trading on April 26th, 2019, the NEA stock closed at AUD 3.420, up 4.27% with ~ 3.68 million shares traded. NEA’s YTD return also stand positive at 114.38%.

Recently on April 15th, 2019, S&P Dow Jones Indices announced the removal of MYOB Group Limited (ASX: MYO) from the S&P/ASX 200 and replaced it with Nearmap Ltd after the close of trading on April 24th, 2019 as MYO wBould be acquired by KKR & Co Inc. As per Nearmap’s half yearly results for the six months to December 31st, 2018, the Group’s total revenue of $ 35.5 million was up 45% on $ 24.4 million in the prior corresponding period (pcp). The EBITDA for the period stood at $ 8.1 million, up on $ 1.2 million in the pcp.

Hutchison Telecommunications (Australia) Limited

Hutchison Telecommunications (Australia) Limited (ASX: HTA), based in North Sydney, through its 50% interest in Vodafone Hutchison Australia Pty Limited, operates as a mobile telecommunications service provider in Australia. It has a current market valuation of ~ AUD 2.17 billion with ~ 13.57 billion outstanding shares. On April 26th, 2019, the HTA stock closed the market trading at the price of AUD 0.165, up 3.125% by AUD 0.005. HTA’s YTD return also stand positive at 45.45%.

For the full year ended December 31st, 2018, Hutchison Telecommunications recorded a total revenue of $ 1,823.4 million, which is 5.5% higher than the $ 1,729.0 million in the pcp along with an EBITDA of $ 551.1 million, up 13.4% on pcp. HTA’s customer base expanded during 2018 with the addition of 211,000 new customers taking the total network customers to 6.02 million. The Group also recorded a profit of $ 4.5 million for 2018 relative to the loss of $ 37.6 million in the prior year 2 017.

Genesis Energy Limited

Genesis Energy Limited (ASX:GNE) generates, transports, and retails electricity. The Company owns and operates hydroelectric generating stations for electricity production, as well as explores for natural gas and bottled liquefied petroleum gas. Genesis Energy has a current market cap of AUD 2.85 billion with ~ 1.02 billion outstanding shares. On April 26th, 2019, the GNE stock closed the market trading at AUD 2.905, up 3.75% by AUD 0.105. Besides, GNE has a positive YTD return of 14.29% and an annual dividend yield of 5.49%.

Recently, the company released its FY19 Q3 Performance Report for the three months ended March 31st, 2019. Segment wise, the total electricity sales for the Customer Segment increased by 3.1% to 1,371 GWh accompanied by a rise of 19.3% and 2.6% in the total LPG sales and total gas dales respectively. The Wholesale Segment’s total generation was up 9.1%. There was a 83.3% rise in the Average Price Received for Generation to $ 162/MWh accompanied by a hike of 32.3% in the Average Portfolio Fuel Cost to $ 57 MWh. Lastly, the Kupe Segment recorded a 2.5% increase in the Gas Production to 3.1 PJ along with a 6.3% rise in the Realised Oil Price to NZD 81/bbl. Besides, the oil production was down 9% and so was the Average Brent Crude Oil Price at USD 63/bbl (-5.3 %).


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