Mon, Jun. 27, 11:16 AM
- The outperformance of low-P/E stocks that marked H1 is behind us, says RBC's Jonathan Golub, and it's time for the "Stable Growers" to re-asset leadership. He cautions about putting money to work too quickly though, noting the pullback so far has been limited.
- His list of Stable Growers (page 1, page 2): CHD, CL, CVS, K, MO, PEP, PG, PM, BCR, BDX, DGX, DVA, HSIC, JNJ, LH, MDT, SYK, TMO, UNH, ZBH, AFL, AON, MMC, TMK, CTAS, DHR, HON, ITW, LMT, MMM, NLSN, RSG, RTN, UPS, VRSK, WM, XYL, CMCSA, MCD, OMC, ADP, APH, EMC, MA, T, VZ, ECL, PX
Mon, May 23, 10:15 AM
Fri, May 20, 9:40 AM
- After an early dip to start the year, Aflac (AFL +0.1%) has put in a big run higher, and is now up nearly 15% YTD. KBW downgrades to Market Perform from Outperform.
Tue, May 10, 9:48 AM
- Aflac (NYSE:AFL) has run higher by nearly 25% since the Feb. 11 market bottom, and is now up 7.6% on year-over-year basis.
- FBR downgrades to Market Perform from Outperform, and cuts the price target to $68 from $71.
- The stock's up 0.75% today to $69.13.
- Now read: Aflac's (AFL) CEO Dan Amos on Q1 2016 Results - Earnings Call Transcript (April 27)
Tue, Apr. 26, 4:49 PM
Tue, Apr. 26, 4:26 PM
Mon, Apr. 25, 5:35 PM
- AAPL, AFL, AIZ, AKAM, ARAY, ARI, ASH, AXS, BEAT, BLDP, BRX, BWLD, BXMT, BXP, BYD, CHRW, CINF, CLMS, CMG, COF, CREE, CRUS, CUDA, CVA, EBAY, EEFT, EQR, EW, EXAC, FE, FOE, FSP, FTI, FTNT, HAWK, HIW, HLS, HUBG, IRBT, ISIL, JBSS, JBT, KLAC, MKTO, MRCY, MTSI, MWA, NANO, NCR, NUVA, O, PEI, PNRA, PSA, PSB, RHI, RMD, RNR, SKT, SLCA, T, TEX, TMK, TSS, TWTR, TX, ULTI, VNTV, WNC, WRB, X, ZIXI
Thu, Apr. 14, 9:50 AM
Thu, Feb. 25, 7:47 PM
- Facing low bond interest rates, Aflac (AFL +1.2%) more than tripled equity bets in its Japan unit during Q4, according to its filing today.
- In its 10-K, the company noted equity securities held by Aflac Japan of $493M -- up more than three times from the previous quarter's $126M, and more than 20 times the previous year's $23M.
- Shares had taken a hit in January (down 6.6%) after Japan adopted negative interest rates -- threatening the company's bond portfolio -- and CEO Dan Amos has been pursuing commercial loans and stocks to increase returns.
- The company will take a "measured approach" to adding assets, "which include public and private equity, hedge funds and other alternative-asset classes,” CFO Fred Crawford said in December.
- The insurer had started buying Japanese real estate ETFs last year, with those holdings valued at $103M at the end of Q3.
Mon, Feb. 1, 4:32 PM
- AFLAC (NYSE:AFL) declares $0.41/share quarterly dividend, in line with previous.
- Forward yield 2.9%
- Payable March 1; for shareholders of record Feb. 16; ex-div Feb. 11.
Mon, Feb. 1, 4:27 PM
- AFLAC (NYSE:AFL): Q4 EPS of $1.56 beats by $0.09.
- Revenue of $5.32B (-3.4% Y/Y) beats by $110M.
Sun, Jan. 31, 5:35 PM
Dec. 4, 2015, 6:17 PM
- Aflac (AFL +0.7%) CEO Dan Amos brought his duck to CNBC's Closing Bell, and said he thinks the company will benefit from the healthcare environment as people look for shore up their existing coverage.
- Are people flocking to supplemental policies beause of high deductibles? "We believe they are," he said, "and we believe, ultimately it will enhance our business."
- One reason investors are a little disappointed with the company's sales outlook, Amos says, "is because we were so strong this year. We had originally said we would be up 1-3%; now it's looking like we're gonna be closer to 13%. So the number that we thought we would make in 2016, we're still gonna make, it's just as a percentage it drops off some."
- The insurer gets 72% of its revenue from Japan, and Amos says it now insures one of every four households there. The yen's a "headache," but the company has always excluded the forex results, he says, and it has a dollar portfolio in Japan that mitigates the issue somewhat.
Oct. 27, 2015, 4:58 PM
- AFLAC (NYSE:AFL) declares $0.41/share quarterly dividend, 5.1% increase from prior dividend of $0.39.
- Forward yield 2.6%
- Payable Dec. 1; for shareholders of record Nov. 18; ex-div Nov. 16.
Oct. 27, 2015, 4:30 PM
- Q3 operating earnings of $672M fell from $685M a year ago. Operating EPS of $1.56 gained 3.3% in part thanks to buybacks. The weaker yen cut operating EPS by $0.13. Excluding that, operating EPS gained 11.9%.
- 3.9M shares bought back during quarter for $233M. For first nine months this year, 17.4M shares bought back for $1.1B. Another 52.1M shares remains in authorization.
- Book value per share of $40.36 up from $29.52 a quarter earlier. Today's close was $63.15. Operating ROE of 19.4%, or 22.3% excluding the impact of the yen.
- Dividend is boosted 5.1% to $0.41 per share quarterly.
- Guidance: Sakes growth target for third sector products is lifted to 10-13% from 7-10%. U.S. is expected to generate sales growth at the lower end of the 3-7% range. Company is on track to meet or exceed expectations to repatriate about ¥200B this year, helping the plan to repurchase $1.3B of stock in 2015. Full-year operating EPS of $5.96-$6.16.
- Conference call tomorrow at 9 ET
- Previously: AFLAC beats by $0.08, misses on revenue (Oct. 27)
- AFL +0.2% after hours
Oct. 27, 2015, 4:14 PM
- AFLAC (NYSE:AFL): Q3 EPS of $1.56 beats by $0.08.
- Revenue of $5.0B (-12.3% Y/Y) misses by $170M.
Aflac, Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. It operates through the Aflac Japan and Aflac U.S. business segments. The Aflac Japan segment provides... More
Industry: Accident & Health Insurance
Country: United States
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