Stocks Up Today - URW, NEA, HTA, GNE

4 min read | April 26, 2019 01:59 PM BST | By Team Kalkine Media

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 %).


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next