Weekly Top Insider Buys: HD, EPD, BLK, AFL, MJN

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May 28, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Home Depot (HD, Financial), Enterprise Products Partners L.P. (EPD, Financial), BlackRock Inc. (BLK, Financial), Aflac Inc. (AFL, Financial), and Mead Johnson Nutrition Company (MJN, Financial).

The overall trend of insiders is illustrated in the chart below:

The Home Depot (HD): Director Armando M Codina Bought 20,650 Shares



Director of The Home Depot, Armando M Codina, bought 20,650 shares on 5/22/2012 at an average price of $49.44. The Home Depot is the one of world's largest home improvement retailer. The Home Depot has a market cap of $71.76 billion; its shares were traded at around $49.44 with a P/E ratio of 18 and P/S ratio of 1. The dividend yield of The Home Depot stocks is 2.5%. Home Depot had an annual average earnings growth of 5.3% over the past 10 years.

On May 15, The Home Depot reported sales of $17.8 billion for the first quarter of fiscal 2012, a 5.9 percent increase from the first quarter of fiscal 2011. Comparable store sales for the first quarter of fiscal 2012 were positive 5.8 percent, and comp sales for U.S. stores were positive 6.1 percent. Net earnings for the first quarter were $1.0 billion, or $0.68 per diluted share, compared with net earnings of $812 million, or$0.50 per diluted share, in the same period of fiscal 2011. For the first quarter of fiscal 2012, diluted earnings per share increased 36.0 percent from the same period in the prior year.

Last week, Director Armando M Codina bought 20,650 shares of HD stock. EVP & CIO Matt Carey, EVP - Merchandising Craig A Menear, and Chairman & CEO Francis S Blake sold shares in March. Director Bonnie Guiton Hill, EVP - Human Resources Timothy M Crow, and CFO & EVP - Corp. Services Carol B Tome sold in February.

Enterprise Products Partners L.P. (EPD): Director Richard S Snell Bought 2,000 Shares



Director of Enterprise Products Partners L.P., Richard S Snell, bought 2,000 shares on 05/18/2012 at an average price of $49.45. Enterprise Products Partners L.P. is a integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. Enterprise Products Partners L.P. has a market cap of $42.24 billion; its shares were traded at around $49.45 with a P/E ratio of 20.6 and P/S ratio of 1. The dividend yield of Enterprise Products Partners L.P. stocks is 5.2%. Enterprise Products Partners L.P. had an annual average earnings growth of 6.3% over the past 10 years.

On May. 2, Enterprise Products Partners L.P. announced its financial results for the three months ended March 31, 2012. The company reported gross operating margin and adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) of $1.1 billion, net income of $656 million and earnings per unit of $0.73 on a fully diluted basis. Net income for the first quarter of 2012 also included an income tax benefit of $47 million, or $0.05 per unit on a fully diluted basis, related to the conversion of certain subsidiaries to limited liability companies. This compares to gross operating margin of $875 million, Adjusted EBITDA of $890 million, net income of$435 million and earnings per unit of $0.49 on a fully diluted basis for the first quarter of 2011.

Last week, Director Richard S Snell bought 2,000 shares of EPD stock. Senior Vice President Mark A. Hurley bought 400 shares in March. Group Senior Vice President Thomas M. Zulim sold 20,000 shares last week. Director Ralph S Cunningham sold 16,636 shares in March and EVP & CFO W Randall Fowler sold 50,000 shares in February.

BlackRock Inc. (BLK): Director James Grosfeld Bought 50,000 Shares



Director of BlackRock Inc. (BLK) James Grosfeld bought 50,000 shares on 05/23/2012 at an average price of $171.26. BlackRock Inc. is one of the largest investment management firms in the United States. BlackRock Inc. has a market cap of $23.96 billion; its shares were traded at around $171.26 with a P/E ratio of 14.3 and P/S ratio of 2.6. The dividend yield of BlackRock Inc. stocks is 3.5%. BlackRock Inc. had an annual average earnings growth of 26.1% over the past 10 years. GuruFocus rated Blackrock Inc the business predictability rank of 4-star.

On April 18, BlackRock Inc. reported first quarter 2012 diluted EPS of $3.14, up 9% from first quarter 2011. First quarter 2012 net income of $572 million increased $17 million from fourth quarter 2011 and $4 million from a year ago. Operating income for first quarter 2012 totaled $815 million with operating margin of 36.2%.

Last week, Director Murry Gerber and Director James Grosfeld bought shares of BLK stock. Vice Chairman Kendrick R Wilson III bought 11,580 shares in February. Director Bank Plc /eng/ Barclays sold 35,210,022 shares this month.

Aflac Inc. (AFL): Sr Vice President Eric M Kirsch Bought 1,875 Shares



Sr Vice President of Aflac Inc., Eric M Kirsch, bought 1,875 shares on 05/18/2012 at an average price of $39.23. 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. Aflac Inc. has a market cap of $18.25 billion; its shares were traded at around $39.23 with a P/E ratio of 6.1 and P/S ratio of 0.8. The dividend yield of Aflac Inc. stocks is 3.4%. Aflac Inc. had an annual average earnings growth of 10.5% over the past 10 years. GuruFocus rated Aflac Inc. the business predictability rank of 3.5-star.

On April 24, Aflac Inc. reported its first quarter results. Reflecting the benefit from a stronger yen/dollar exchange rate, revenues rose 21.9% to $6.2 billion in the first quarter of 2012, compared with $5.1 billion in the first quarter of 2011. Net earnings were $785 million, or $1.68 per diluted share, compared with $389 million, or $.83 per share, a year ago.

Last week, Sr Vice President Eric M Kirsch bought 1,875 shares of AFL stock. Pres. Aflac Incorporated/CFO Kriss Cloninger III sold shares in March and Exec VP & Corporate Secretary Joey M Loudermilk sold shares in December.

Mead Johnson Nutrition Company (MJN): Director James M Cornelius Bought 10,000 Shares



Director of Mead Johnson Nutrition Company, James M Cornelius, bought 10,000 shares on 5/23/2012 at an average price of $82.99. Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutrition Company has a market cap of $16.5 billion; its shares were traded at around $82.99 with a P/E ratio of 28.5 and P/S ratio of 4.5. The dividend yield of Mead Johnson Nutrition Company stocks is 1.5%.

On Apr 26, Mead Johnson Nutrition Company announced its financial results for the first quarter ended March 31, 2012. Net sales were $986.6 million in the quarter increased 9 percent versus the first quarter of 2011. GAAP net earnings were $0.80 per diluted share for the first quarter of 2012 were up by 13 percent from $0.71 per diluted share a year ago. Non-GAAPnet earnings of $0.82 per diluted share increased 8 percent from $0.76 per diluted share for 2011.This month, Director Clesteen A Clark and Director James M Cornelius bought shares of MJN stock. Sr.VP, Gen Counsel & Secretary William P'pool sold 27,500 shares this month. Sr. VP, Human Resources Lynn H Clark sold 4,464 shares in March.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.