In the world of triple-net REITs, most of the attention in the past week has been on the planned merger of American Capital Realty Properties (ARCP) and Cole Real Estate Investments (COLE). I recently wrote about ARCP, noting that the REIT had seen heavy insider buying over the summer ��at prices higher than today��. I also recommended the stock based on its growth prospects within a sector I love and its high dividend yield — 6.7% at today�� prices.
ARCP fell on the news on the COLE merger, which is typical for the acquiring firm (as a general rule, the acquirer falls and the acquired rises). But I continue to see value in REITs and ARCP in particular.
Today, however, I want to highlight other insider buying for REITs, namely, in a competitor of ARCP and COLE:�Stag Industrial (STAG).
The scale of the insider buying of STAG is considerably smaller than that of ARCP. But its scope is every bit as wide, as six company officers have made purchases in the past quarter. As you can see from STAG�� insider trading history, the company�� officers have been steadily and consistently accumulating the shares over the past year.
Top 5 Restaurant Stocks For 2015: Key Energy Services Inc. (KEG)
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. The company offers rig-based services, including the maintenance, workover, and recompletion of existing oil and gas wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, as well as specialty drilling services to oil and natural gas producers. It also provides fluid management services, such as vacuum truck services, fluid transportation services, and disposal services for operators, whose wells produce saltwater or other non-hydrocarbon fluids; and equipment trucks that are used to move large equipment from one well site to the next, as well as supplies frac tanks, which are used for temporary storage of fluids associated with fluid hauling operations. In addition, the company operates a fleet of hot oilers for pumping heated fluids that are used to clear soluble restrictions in a wellbore; and offers intervention services, such as coiled tubing, pumping, and nitrogen service. Further, it provides fishing services that involve recovering lost or stuck equipment in the wellbore utilizing an array of fishing tools; rental equipment comprising drill pipe, tubulars, pressure-control equipment, power swivels, and foam air units, as well as handling tools comprising Hydra-Walk pipe-handling units and services; oilfield service equipment controls, data acquisition, and digital information flow services; and drilling, project management, consulting, and reservoir engineering services. The company was formerly known as Key Energy Group, Inc. and changed its name to Key Energy Services, Inc. in December 1998. Key Energy Services, Inc. was founded in 1977 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Key Energy Services (NYSE: KEG ) , whose recent revenue and earnings are plotted below. - [By Seth Jayson]
Key Energy Services (NYSE: KEG ) reported earnings on April 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Key Energy Services missed estimates on revenues and missed estimates on earnings per share. - [By Arjun Sreekumar]
What sets Nuverra apart from some of its competitors, such as Key Energy (NYSE: KEG ) -- a fluid-treatment provider that focuses mainly on water disposal -- is its overarching focus on treating and recycling produced water, as opposed to just disposing it. �
5 Best High Dividend Stocks To Watch Right Now: Connecticut Water Service Inc. (CTWS)
Connecticut Water Service, Inc., through its subsidiaries, operates as a regulated water company in Connecticut. It operates in three segments: Water Activities, Real Estate Transactions, and Services and Rentals. The Water Activities segment supplies drinking water. The Real Estate Transactions segment involves in the sale or donation of its real estate holdings. The Services and Rentals segment provides contracted services to water and wastewater utilities and other clients, which include contract operations of water and wastewater facilities; Linebacker, an optional service line protection program that comprises repairing or replacing leaking or broken water service line, curb box, curb box cover, meter pit, meter pit cover, meter pit valve, and in-home water main shut off valve before the meter; and providing bulk deliveries of emergency drinking water to businesses and residences through tanker trucks. This segment also engages in leasing and renting residential and c ommercial properties. As of December 31, 2009, Connecticut Water Service, Inc. served 88,534 customers in 54 towns in Connecticut. The company was founded in 1956 and is headquartered in Clinton, Connecticut.
Advisors' Opinion:- [By David Dittman]
Question: I like the H2O business. I��e owned American Water Works Co Inc (NYSE: AWK) for eons. Is there any compelling reason to own more than one water utility? At what point does is there no marginal benefit added? I do like Connecticut Water Service Inc (NSDQ: CTWS) and York Water Co (NSDQ: YORW) as slow, consistent growers.
As Ben Franklin said, ��ittle strokes fell great oaks.��/p> - [By David Dittman]
Answer: Water utilities have great track records of dividend growth: Aqua America, American Water Works Co Inc (NYSE: AWK) and Connecticut Water Service Inc (NSDQ: CTWS).
- [By David Dittman]
Answer: Our favorite water utilities–American Water Works, Aqua America Inc (NYSE: WTR), Connecticut Water Service Inc (NSDQ: CTWS)–are solid dividend growers throughout the cycle, and they all have pretty good growth prospects because of the abundance of small-scale municipal water utilities in their footprints.
- [By David Dittman]
Note that water utilities and UF Portfolio Holdings American Water Works Co Inc (NYSE: AWK), Aqua America Inc (NYSE: WTR) and Connecticut Water Service Inc (NSDQ: CTWS) posted 2013 total returns of 16.1 percent, 18.8 percent and 23.1 percent, respectively, underperforming the broader S&P 500 but besting the traditional safe-haven subgroups.
5 Best High Dividend Stocks To Watch Right Now: Cardtronics Inc.(CATM)
Cardtronics, Inc., together with its subsidiaries, provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. As of December 31, 2011, it offered services to approximately 52,900 devices across its portfolio, which included approximately 46,000 devices located in 50 states of the United States, as well as in the U.S. territories of Puerto Rico and the U.S. Virgin Islands; approximately 3,500 devices throughout the United Kingdom; approximately 2,800 devices throughout Mexico; and approximately 600 devices in Canada. The company also deployed approximately 2,200 multi-function financial services kiosks in the United States. Its ATMs and financial services kiosks offer cash dispensing and bank account balance inquiry services, as well as other consumer financial services, including bill payments, check cashing, remote deposit capture, and money transfer services. In addition, the compan y provides various forms of managed service solution, including monitoring, maintenance, cash management, customer service, and transaction processing services. Further, it partners with national financial institutions to brand its ATMs and financial services kiosks with their logos. As of December 31, 2011, the company had approximately 15,400 company-owned ATMs under contract with financial institutions to place their logos on those machines. Additionally, it provides financial institutions with surcharge-free program through its Allpoint network, as well as owns and operates an electronic funds transfer transaction processing platform that provides transaction processing services to its network of ATMs and financial services kiosks, and ATMs owned and operated by third parties. The company was formerly known as Cardtronics Group, Inc. and changed its name to Cardtronics, Inc. in January 2004. Cardtronics, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Cardtronics (Nasdaq: CATM ) , whose recent revenue and earnings are plotted below.
5 Best High Dividend Stocks To Watch Right Now: Numerex Corp.(NMRX)
Numerex Corp. provides business services, technology, and products used in the development and support of machine-to-machine solutions for the enterprise and government markets worldwide. The company offers Numerex DNA that includes hardware and smart devices, cellular and satellite network services, and software applications that are delivered through Numerex FAST (Foundation Application Software Technology). Its customers subscribe to device management, network, and application services through hosted platforms. The company distributes its products through value added resellers, system integrators, and original equipment manufacturers. It serves security, energy and utilities, healthcare, financial services, government, transportation, and supply chain markets. The company was founded in 1988 and is headquartered in Atlanta, Georgia.
Advisors' Opinion:- [By John Udovich]
Small cap machine-to-machine (M2M) stock Elecsys Corp (NASDAQ: ESYS) jumped 8.99% yesterday and is up 254% over the past year, meaning it might be time to take a closer look at the stock and its performance verses other small cap M2M stocks like Digi International Inc (NASDAQ: DGII), Numerex Corp (NASDAQ: NMRX) and Sierra Wireless, Inc (NASDAQ: SWIR). First of all though, I should mention that machine-to-machine (M2M) broadly refers to technologies that allow both wireless and wired systems to communicate with other devices of the same type and this can be through any type of technology ranging from instruments to networks to applications that create connections between devices.
- [By Seth Jayson]
Margins matter. The more Numerex (Nasdaq: NMRX ) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That's why we check up on margins at least once a quarter in this series. I'm looking for the absolute numbers, so I can compare them to current and potential competitors, and any trend that may tell me how strong Numerex's competitive position could be.
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