AIA Group
AIA Group Ltd. (AAIGF) is at number 6 in our list of the most popular stocks that emerging market funds (EEM) (VWO) are invested in. The company was among the top 10 holdings of 5 out of 10 funds that were part of our analysis. These are:
Among institutional investors, these are the funds that are invested into the AAIGF ADR currently:
12.74% return over the past year
Hong Kong-based AIA Group Limited provides various products and services for insurance, protection, savings, investment, and retirement needs of individuals and businesses. The company is the largest independent public listed pan-Asian life insurance group.
Trading under the ADR ticker AAIGF on the NYSE’s OTC Market, the company has a market capitalization of $74.35 billion. The company reported a $6.33 billion in revenue in 2Q16, same as that reported in 1Q16. Earnings for the company stood at $1.03 billion in both quarters. The company generates 11.50% net margin and delivers a 7.58% Return on Equity (ROE) on trailing twelve-month basis.
Trading at $6.12 a share currently, the stock is already up 8.96% for the year. It has gained 12.74% over the past 1 year.
Analyst recommendations: BUY
The stock currently has 68% BUY recommendations from analysts, against a 28% HOLD recommendations, and a 4% SELL recommendations. Consensus 12-month target price for the stock stands at $7.05. The stock is currently trading at $6.12.
The stock is among the picks of Flavia Cheong, head of equities Asia Pacific ex-Japan for Aberdeen Asset Management, who believes that “”Uncertainty over Trump’s policies does obscure the outlook for Asia.” As for AIA Group, Cheong sees it as a “play on the growth of Chinese consumer demand.”