Sampo Oyj Series A

Co. is the parent company of a group engaged in the provision of insurance services and the marketing and sale of insurance policies such as worker's compensation insurance, personal accident insurance, motor vehicle insurance, motor third party liability insurance, fire and other property insurance; and cargo insurance.
  • TickerSAMAS
  • ISINFI0009003305
  • ExchangeNasdaq Nordic Helsinki
  • SectorNonlife Insurance
  • CountryFinland

Analysts

Antti Saari

SAMPO - Story of several dividend flows

Sampo – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Antti Saari

SAMPO - Strong performance and new Group CEO

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jesper Ingildsen
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Niclas Gehin
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Niclas Gehin

Sampo Oyj (Buy, TP: EUR47.00) - Changing of the guard

Sampo reported solid Q4 results, and proposed a DPS of EUR2.85 for 2018, which not only beat consensus (EUR2.75) but in our view also raises the trajectory for future payouts given its policy of raising dividends nominally. As important was the announcement that Torbjörn Magnusson will succeed Kari Stadigh as CEO at Sampo and is nominated to replace Björn Wahlroos as chairman at Nordea. We have made negligible changes to our estimates and reiterate our BUY, and have raised our target price to EUR47 (46), driven by the appreciation in Nordea since the start of the year.

Antti Saari

SAMPO - Story of several dividend flows

Antti Saari

SAMPO - Strong performance and new Group CEO

Niclas Gehin

Sampo Oyj (Buy, TP: EUR47.00) - Changing of the guard

Sampo reported solid Q4 results, and proposed a DPS of EUR2.85 for 2018, which not only beat consensus (EUR2.75) but in our view also raises the trajectory for future payouts given its policy of raising dividends nominally. As important was the announcement that Torbjörn Magnusson will succeed Kari Stadigh as CEO at Sampo and is nominated to replace Björn Wahlroos as chairman at Nordea. We have made negligible changes to our estimates and reiterate our BUY, and have raised our target price to EUR47 (46), driven by the appreciation in Nordea since the start of the year.

Antti Saari

SAMPO - Tenth dividend increase and dividend aristocrat status

Niclas Gehin

Green winter, red investment results

We expect weak investment results for Q4 due to sluggish equity markets and widening credit spreads, resulting in marked-to-market losses, while combined ratios are likely to be broadly flat YOY. We have made only small estimate changes, but have upgraded Sampo to BUY (HOLD) on our view of an excessive implicit If… valuation discount (trading at a 2019e P/E of 12x versus Danish peers at ~18x). Gjensidige remains a BUY and our sector top pick with Sampo, while the valuations of Topdanmark and Tryg still look demanding but we struggle to identify any negative catalysts near-term.

1 director bought

A director at Sampo bought 24,350 shares at 40.847EUR and the significance rating of the trade was 98/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jesper Ingildsen
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Niclas Gehin
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Antti Kansanen
  • Jørgen Lian
  • Niclas Gehin
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin

Northen Lights

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Jesper Ingildsen
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Niclas Gehin
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

Antti Kansanen ...
  • Håkon Astrup
  • Helge André Martinsen
  • Mattias Holmberg
  • Niclas Gehin
  • Ole-Andreas Krohn
  • Rune Majlund Dahl

Northern Lights

With a more favourable environment, SAMPO OYJ improves to Slightly Positive

SAMPO OYJ (FI), a company active in the Property & Casualty Insurance industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date January 18, 2019, the closing price was EUR 40.81 and its potential was estimated at EUR 42.85.

Sampo

Sampo

Sampo

Sampo

MarketLine Department

Gjensidige Forsikring ASA  - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Gjensidige Forsikring ASA  - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Marketline's Gjensidige Forsikring ASA  Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Gjensidige Forsikring ASA  since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the...

Sampo – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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