Tuesday, September 3, 2013

Virginia Non-Financial Corps Stock Prices Up 173% Since President Obama Took Office

From a review of SEC Filings , I found 80 Corps headquartered in the State of Virginia.....24 Financial and 56 Non-Financial..... which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on August 30, 2013.  Included in these 80 Corps were 5 which were acquired in the past year.

The historical stock prices were obtained from the following two excellent internet resources.....  Google Finance and MarketWatch Big Charts .

These 80 Virginia Corps had their average stock prices increase by 148% from January 16, 2009 to August 30, 2013.  This 148% increase is 1.6 times the 92% increase in the S&P 500 Index over the same time span.

The 56 Non-Financial Virginia Corps did even better, generating an average stock price increase of 173% so far during the Obama Administration.

By area within the State of Virginia, 38 of the 80 Corps are located in the Northern Virginia/DC Area, 18 in the Richmond Area and 9 in the Hampton Roads Area.  The excellent stock market performance occurred all throughout the State with the average stock market increase being 215% in the Hampton Roads Area, 146% in the Richmond Area and 145% in the Northern Virginia/DC Area.

Below here are the common stock market closing prices of each of these 80 Virginia Corps at both the most recent date (August 30, 2013) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:  


Market Market Percentage

Virginia Price Price Increase

HQs 8-30-13 1-16-09 (Decrease)
Companies Headquartered in Virginia








Financial Corps



Arlington Asset Investment Arlington $23.22 $4.00 481%
Genworth Financial Richmond $11.80 $2.38 396%
Virginia Commerce Bancorp Arlington $14.73 $4.58 222%
C&F Financial West Point $50.17 $16.00 214%
Access National Chantilly $13.60 $4.93 176%
Capital One Financial McLean $64.55 $24.10 168%
Cardinal Financial McLean $12.80 $5.56 130%
AvalonBay Communities Arlington $123.90 $55.23 124%
Monarch Financial Holdings Chesapeake $12.45 $6.06 105%
National Bankshares Blacksburg $36.53 $19.12 91%
Markel Glen Allen $510.70 $297.50 72%
Xenith Bankshares Richmond $5.99 $3.50 71%
FBR & Co Arlington $26.82 $16.68 61%
Freddie Mac McLean $1.12 $0.70 60%
StellarOne Charlottesville $20.48 $14.23 44%
American National Bankshares Danville $21.86 $16.05 36%
Community Bankers Trust Glen Allen $3.65 $2.97 23%
Dynex Capital Glen Allen $8.03 $7.02 14%
Union First Market Bankshares Richmond $21.39 $19.65 9%
Towne Bank Portsmouth $14.05 $21.25 -34%
Eastern Virginia Bankshares Tappahannock $6.01 $9.80 -39%
Village Bank & Trust Financial Midlothian $1.62 $4.30 -62%
Hampton Roads Bankshares Norfolk $1.53 $8.87 -83%
Central Virginia Bankshares Powhatan $0.32 $4.61 -93%





Average Increase: All 24 Financial Corps


91%





Non-Financial Corps



Sunrise Senior Living McLean $14.48 $1.27 1040%
Lumber Liquidators Toano $99.42 $10.21 874%
Newmarket Corp Richmond $274.18 $29.20 839%
Measurement Specialties Hampton $47.34 $5.69 732%
Comstock Homebuilding Reston $2.07 $0.28 639%
CarMax Richmond $47.56 $8.11 486%
Portfolio Recovery Associates Norfolk $53.04 $9.29 471%
ePlus Inc Herndon $51.95 $10.46 397%
Bassett Furniture Industries Bassett $13.82 $2.90 377%
Maximus Reston $37.51 $9.12 311%
Dollar Tree Chesapeake $52.70 $14.44 265%
Media General Richmond $10.49 $2.88 264%
Deltek Herndon $12.99 $3.71 250%
MeadWestvaco Richmond $35.85 $10.49 242%
Amerigroup Virginia Beach $91.70 $28.32 224%
Gannett McLean $24.09 $7.59 217%
Neustar Sterling $50.54 $16.57 205%
Corporate Executive Board Arlington $64.84 $22.94 183%
ComScore Reston $28.49 $10.76 165%
Smithfield Foods Smithfield $33.53 $12.72 164%
Trex Co. Inc Winchester $44.27 $16.89 162%
Verisign Reston $47.99 $18.61 158%
Advance Auto Parts Roanoke $80.07 $31.72 152%
MicroStrategy Tysons Corner $91.81 $37.75 143%
TNS Reston $21.00 $9.09 131%
Intersections Chantilly $9.15 $4.09 124%
American Woodmark Winchester $34.87 $16.53 111%
Northrop Grumman Falls Church $92.27 $44.12 109%
GeoEye Herndon $35.83 $17.51 105%
Altria Group Richmond $33.88 $16.84 101%
Norfolk Southern Norfolk $72.16 $37.81 91%
NVR Reston $855.81 $453.60 89%
K12 Inc Herndon $36.31 $19.30 88%
Universal Corp Richmond $49.02 $31.96 53%
General Dynamics Falls Church $83.25 $54.59 53%
AES Arlington $12.71 $8.56 48%
CACI Intl Arlington $67.40 $45.40 48%
Computer Sciences Corp Falls Church $50.15 $36.98 36%
ICF Intl Fairfax $32.89 $24.48 34%
Owens & Minor Mechanicsville $34.11 $26.25 30%
Tredegar Richmond $22.35 $17.89 25%
USA Mobility Springfield $14.12 $12.11 17%
Brinks Richmond $25.83 $24.81 4%
Orbital Sciences Dulles $17.36 $17.86 -3%
VSE Corp Alexandria $45.04 $46.44 -3%
SAIC McLean $15.07 $19.34 -22%
Iridium Communications McLean $6.69 $9.32 -28%
Ntelos Holdings Waynesboro $16.62 $23.55 -29%
Shenandoah Telecommunications Edinburgh $17.15 $25.51 -33%
Stanley Furniture Stanleytown $3.45 $6.63 -48%
ManTech Intl Fairfax $28.45 $56.93 -50%
Alpha Natural Resources Bristol $6.08 $14.17 -57%
NII Holdings Reston $5.98 $19.55 -69%
Strayer Education Herndon $39.96 $219.44 -82%
NCI Inc Reston $5.32 $31.97 -83%
James River Coal Richmond $2.12 $14.69 -86%





Average Increase: all 56 Non-Financial Corps


173%





Average Increase: all 80 Virginia Corps


148%





Dow Industrials Index
14,810.31 8,281.22 79%
S&P 500 Index
1,632.97 850.12 92%
S&P Mid-Cap 400 Index
1,183.87 516.75 129%
S&P SmallCap 600 Index
572.82 247.89 131%