Weekly Top Insider Buys: AFL, PLL, NFG, HRB

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Sep 26, 2011
Weekly highlight of top insider buys: AFLAC Inc. (AFL, Financial), Pall Corp. (PLL, Financial), National Fuel Gas Co. (NFG, Financial), and H&R Block Inc. (HRB, Financial).

AFLAC Inc. (AFL): Director E. Stephen Purdom Bought 10,000 Shares


Director of Aflac Inc., E. Stephen Purdom, bought 10,000 shares on Sept. 20, 2011 at an average price of $31.46. 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 $14.7 billion; its shares were traded at around $31.46 with a P/E ratio of 5.2 and P/S ratio of 0.8. The dividend yield of Aflac Inc. stocks is 3.8%. 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.


Last week, Director E. Stephen Purdom bought 10,000 shares of AFL stock. Director Robert L. Wright sold 10,000 shares in May.


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 $42.20. 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 $4.91 billion; its shares were traded at around $42.2 with a P/E ratio of 15.3 and P/S ratio of 1.8. 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 and fiscal year 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%. Diluted earnings per share were $0.82, compared to $0.46 last year.


Last week, Director Daniel J. Carroll Jr. bought 4,000 shares of PLL stock. Vice President, Corporate Controller Francis B. Moschella and COO Roberto Perez sold shares in July.


National Fuel Gas Co. (NFG): Director R. D. Cash Bought 2,000 Shares

Director of National Fuel Gas Co., R. D. Cash, bought 2,000 shares on Sept. 15, 2011 at an average price of $51.72. National Fuel Gas Co. is engaged in the business of owning and holding securities issued by its subsidiary companies. National Fuel Gas Co. has a market cap of $4.28 billion; its shares were traded at around $51.72 with a P/E ratio of 19.6 and P/S ratio of 2.4. The dividend yield of National Fuel Gas Co. stocks is 2.8%.


On May 5, National Fuel Gas Company announced consolidated earnings for the second quarter of fiscal 2011. Earnings for the second quarter were $115.6 million, or $1.38 per share, an increase of $35.2 million, or 41 cents per share, compared to the prior year’s second quarter earnings of $80.4 million or 97 cents per share. The increased earnings are primarily due to a $31.4 million, or 38 cents per share, gain on the sale of Horizon Power Inc.’s interest in certain entities that owned landfill gas electric generation assets.


This month, Director Craig G. Matthews and Director R. D. Cash bought shares of NFG stock. Director Stephen E. Ewing bought 1,700 shares in August; Director Rolland E. Kidder sold 1,000 shares in August.


H&R Block Inc. (HRB): Director James F. Wright Bought 10,000 Shares

Director of H&R Block Inc., James F. Wright, bought 10,000 shares on Sept. 16, 2011 at an average price of $13.33. 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 $4.07 billion; its shares were traded at around $13.33 with a P/E ratio of 8.8 and P/S ratio of 1. The dividend yield of H&R Block Inc. stocks is 4.5%.


On September 1, H&R Block Inc. reported a net loss from continuing operations for the fiscal first quarter ended July 31, 2011, of $173.4 million, or $0.57 per share, compared to a loss of $127.6 million, or $0.40 per share in the prior year period. The adjusted loss per share increased to 37 cents compared to a loss of 35 cents per share a year ago due to fewer shares outstanding. Total revenues fell 2.5% to $267.6 million due to declining revenues at RSM.


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


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