Conagra Brands Facing Major Inflationary Headwinds
July 19, 2021
Image Shown: Conagra Brands Inc recently reduced its full-year guidance for fiscal 2022 in the face of major inflationary headwinds. Image Source: Conagra Brands Inc – Fourth Quarter of Fiscal 2021 IR Earnings Presentation By Callum Turcan On July 13, the company behind the Slim Jim, Duncan Hines, Gardein brands (among other), Conagra Brands Inc (CAG), reported fourth quarter earnings for fiscal 2021 (period ended May 30, 2021) that beat both consensus top- and bottom-line estimates. However, its guidance for fiscal 2022 came in a bit light in the face of major inflationary headwinds which saw shares sell off initially after the report was published. Please note that its fiscal 2020 was a 53 week reporting period while its fiscal
Dividend Growth Idea UnitedHealth Group Surges Towards All-Time Highs After Stellar Earnings Update, Guidance Boost
July 16, 2021
Image Shown: Shares of UnitedHealth Group Inc, an idea in the Dividend Growth Newsletter portfolio, are trading near their all-time highs as of this writing after the firm reported a stellar second quarter 2021 earnings report. In conjunction with its latest earnings report, UnitedHealth Group once again raised its full-year adjusted EPS guidance for 2021. We continue to be huge fans of the name. By Callum Turcan On July 15, UnitedHealth Group Inc (UNH) reported second-quarter 2021 earnings that beat both consensus top- and bottom-line estimates thanks to the enduring strength of its Optum businesses and strong performance at its UnitedHealthcare health insurance businesses. Its Optum businesses provide an expansive slate of healthcare offerings from ambulatory services to pharmacy and
Dividend Increases/Decreases for the Week July 16
July 16, 2021
Below we provide a list of firms that raised their dividends during the week ending July 16. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Agree Realty (ADC): now $0.217 per share monthly dividend, was $0.200. Ally Financial (ALLY): now $0.25 per share quarterly dividend, was $0.19. American Financial (AFG): now $2.00 per share special dividend, was $0.50. Bank of America Corporation Deposit Shs Perp Pfd Shs Series E (BAC.PE): now $0.2556 per share quarterly dividend, was $0.2472. Bank of New York Mellon (BK): now $0.34 per share quarterly dividend, was
PepsiCo Beats Estimates, Raises Guidance
July 15, 2021
Image Source: PepsiCo Inc – CAGNY 2021 Presentation By Callum Turcan On July 13, PepsiCo Inc (PEP) reported second-quarter fiscal 2021 earnings (period ended June 12, 2021) that beat both consensus top- and bottom-line estimates. Due to its strong performance during the first half of the fiscal year, PepsiCo raised its full-year guidance for fiscal 2021 in conjunction with its latest earnings report. Now the firm expects to post 6% organic sales growth (versus a mid-single-digit range previously) and 11% core constant currency EPS growth (versus a high-single-digit range previously) in fiscal 2021 on an annual basis. Foreign currency tailwinds favorably impacted its financial performance last fiscal quarter, and for the full fiscal year, PepsiCo sees these tailwinds boosting its
10 YEARS OF EXCELLENCE AT VALUENTUM
July 14, 2021
Tickerized for the DIA. ———- About Our Name But how, you will ask, does one decide what [stocks are] “attractive”? Most analysts feel they must choose between two approaches customarily thought to be in opposition: “value” and “growth,”…We view that as fuzzy thinking…Growth is always a component of value [and] the very term “value investing” is redundant. — Warren Buffett, Berkshire Hathaway annual report, 1992 At Valuentum, we take Buffett’s thoughts one step further. We think the best opportunities arise from an understanding of a variety of investing disciplines in order to identify the most attractive stocks at any given time. Valuentum therefore analyzes each stock across a wide spectrum of philosophies, from deep value through momentum investing. And a combination of the
Dividend Increases/Decreases for the Week July 9
July 9, 2021
Below we provide a list of firms that raised their dividends during the week ending July 9. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Caledonia Mining (CMCL): now $0.13 per share quarterly dividend, was $0.12. Civista Bancshares (CIVB): now $0.14 per share quarterly dividend, was $0.12. Eagle Point Income Company (EIC): now $0.09 per share monthly dividend, was $0.0085. First Republic Bank (FRC): now $0.2938 per share quarterly dividend, was $0.2200. Five Star Bancorp (FSBC): now $0.15 per share quarterly dividend. Fortitude Gold Corporation (FTCO): now $0.035 per share monthly
ExxonMobil’s Immense Upside in Guyana
July 7, 2021
Image Source: ExxonMobil Corporation – 2021 Investor Day Presentation By Callum Turcan On June 27, we added shares of ExxonMobil Corporation (XOM) as an idea to the Best Ideas Newsletter portfolio and the Dividend Growth Newsletter portfolio (link here). The backdrop for the energy complex has improved considerably in recent months. Raw energy resources pricing has surged in the wake of demand for refined petroleum products beginning to recover in earnest, while demand for various petrochemical products is also on the rise. Near-term Brent and WTI futures are trading north of $70 a barrel as of this writing, keeping in mind Brent averaged ~$60-61 per barrel and WTI averaged ~$57-$58 per barrel during the first three months of 2021. On
Dividend Increases/Decreases for the Week July 2
July 2, 2021
Below we provide a list of firms that raised their dividends during the week ending July 2. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week AGF Management (AGFMF): now CAD 0.09 per share quarterly dividend, was CAD 0.08. Alta Equipment Group Inc. 10% DP SHS PFD A (ALTG.PA): now $0.625 per share quarterly dividend. Arbor Realty Trust Series D Pfd. (ABR.PD): now $0.25677 per share dividend. Armanino Foods of Distinction (AMNF): now $0.0275 per share quarterly dividend, was $0.0225. Banco Bradesco (BBD): now $0.737 per share monthly dividend, was $0.03. Boise
Best Idea Facebook Soars!
June 28, 2021
Image Shown: Facebook’s shares soared during the trading session June 28 as the company received a favorable ruling regarding a couple complaints that tried to make the case it is operating as a monopoly. By Brian Nelson, CFA On June 28, a federal judge ruled that a couple antitrust cases lacked legal merit in their attempt to peg Facebook (FB) as a monopoly. We view the development positively, and while there is a possibility that amended arguments could be filed, Facebook’s shares remain cheap whether it is preserved in current form or whether the market is forced to value it on a sum of the parts basis. Shares of Facebook soared to $355+ on the news, and our fair value
Two Alerts and Bull Market On!
June 27, 2021
By Brian Nelson, CFA It’s very hard not to be bullish on the stock market these days. The prudence exercised by many of the largest companies in the S&P 500 remains unprecedented, in our view. Some of the best companies out there have tremendous balance sheets, as evidenced by huge net cash positions. Perhaps two of our favorite companies, Microsoft (MSFT) and Facebook (FB) are the best examples of this, but Apple (AAPL) still retains quite the large net cash hoard as it works to net-cash breakeven. As we look at the next couple years, most investors will continue to focus on the Fed. We’ve seen this song and dance following the Great Financial Crisis (GFC) that wreaked havoc on
