Weekly Top Insider Buys: FDX, AFL, PLL, HRB, SFD

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Oct 03, 2011
Weekly highlight of top insider buys: FedEx Corp. (FDX, Financial), AFLAC Inc. (AFL, Financial), Pall Corp. (PLL, Financial), H&R Block Inc. (HRB, Financial) and Smithfield Foods Inc. (SFD, Financial).


FedEx Corp. (FDX): Director R. Brad Martin Bought 6,500 Shares


Director of FedEx Corp., R. Brad Martin, bought 6,500 shares on Sept. 28, 2011 at an average price of $67.68. FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. FedEx Corp. has a market cap of $21.47 billion; its shares were traded at around $67.68 with a P/E ratio of 13.1 and P/S ratio of 0.6. The dividend yield of FedEx Corp. stocks is 0.7%.


On September 22, FedEx Corp. reported earnings of $1.46 per diluted share for the first quarter ended August 31, compared to $1.20 per diluted share a year ago, a year-over-year increase of 22%. Revenue was $10.52 billion, up 11% from $9.46 billion the previous year. Net income was $464 million, up 22% from last year's $380 million.


This month, Director R. Brad Martin and Director Susan C. Schwab bought shares of FDX stock. President and CEO FedEx Freight William J. Logue and Director Joshua I. Smith shares in July.


AFLAC Inc. (AFL): Director David Gary Thompson Bought 5,000 Shares


Director of AFLAC Inc., David Gary Thompson, bought 5,000 shares on Sept. 26, 2011 at an average price of $34.95. 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 $16.33 billion; its shares were traded at around $34.95 with a P/E ratio of 5.8 and P/S ratio of 0.7. The dividend yield of AFLAC Inc. stocks is 3.5%. AFLAC Inc. had an annual average earnings growth of 10.9% over the past 10 years. GuruFocus rated AFLAC Inc. the business predictability rank of 3.5-star.


On July 27, Aflac Inc. reported its second quarter results. Reflecting the benefit from a stronger yen/dollar exchange rate but higher realized investment losses, total revenues rose 2.2% to $5.1 billion in the second quarter of 2011, compared with $5.0 billion in the second quarter of 2010. Net earnings were $280 million, or 60 cents per diluted share, compared with $581 million, or $1.23 per share, a year ago.


This month, Director David Gary Thompson and Director E Stephen Purdom bought shares of AFL stock.


Pall Corp. (PLL): Director Daniel J. Carroll Jr. Bought 4,000 Shares


Director of Pall Corp., Daniel J. Carroll Jr., bought 4,000 shares on Sept. 22, 2011 at an average price of $42.4. Pall Corporation is a supplier of fine filters, principally made by the company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corp. has a market cap of $4.93 billion; its shares were traded at around $42.4 with a P/E ratio of 15.3 and P/S ratio of 1.7. The dividend yield of Pall Corp. stocks is 1.7%. Pall Corp. had an annual average earnings growth of 12.8% over the past 10 years. GuruFocus rated Pall Corp. the business predictability rank of 4.5-star.


On September 14, Pall Corporation reported financial results for the fourth quarter ended July 31, 2011. Fourth-quarter sales were $780.4 million, a 15.0% gain over last year. Sales in local currency increased 6.2%. Foreign currency translation increased reported sales by 8.8%.


This month, Director Amy E. Alving and Director Daniel J. Carroll Jr. bought shares of PLL stock. Vice President and Corporate Controller Francis B. Moschella and COO Roberto Perez shares in July.


H&R Block Inc. (HRB): Director Victoria Reich Bought 3,500 Shares


Director of H&R Block Inc., Victoria Reich, bought 3,500 shares on Sept. 29, 2011 at an average price of $13.31. H&R Block Inc. is a diversified company involved in tax return preparation, electronic filing of income tax returns and other tax-related services. H&R Block Inc. has a market cap of $4.06 billion; its shares were traded at around $13.31 with a P/E ratio of 8.7 and P/S ratio of 1.1. The dividend yield of H&R Block Inc. stocks is 4.5%.


This month, President and CEO William C Cobb, Senior Vice President and CFO Jeffrey Brown, Director Victoria Reich, Director Bruce Rohde, Director Robert A. Gerard, Director Paul J. Brown, and Director James F. Wright bought shares of HRB stock.


Smithfield Foods Inc. (SFD): Director David C. Nelson Bought 25,000 Shares


Director of Smithfield Foods Inc., David C. Nelson, bought 25,000 shares on Sept. 22, 2011 at an average price of $19.5. Smithfield Foods Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods Inc. has a market cap of $3.24 billion; its shares were traded at around $19.5 with a P/E ratio of 6.1 and P/S ratio of 0.3.


This month, President and COO, Pork Group George H. Richter, Director John T. Schwieters, Executive Vice President Joseph W. Luter IV, Director John T. Schwieters, and Director Richard T. Crowder bought shares of SFD stock.


On September 8, Smithfield Foods Inc. reported results for the first fiscal quarter of 2012. Sales for the first quarter of fiscal 2012 were $3.1 billion, up 7%, resulting from higher average unit selling prices in the Pork segment and higher live hog market prices. The company reported net income in the current quarter of $82.1 million (49 cents per diluted share) compared to net income of $76.3 million (46 cents per diluted share) last year.


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