Manulife Financial Corporation is an international financial services provider. It provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses (Global WAM), Insurance and annuity products (Asia, Canada and U.S.), and the Corporate and Other segment. Wealth and asset management businesses branded as Manulife Investment Management, provide investment advice and solutions to retirement, retail, and institutional clients. It also includes Manulife Comvest Credit Partners, a private credit asset management platform. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products. Products are distributed through multiple distribution channels, including insurance agents, brokers, banks, financial planners and direct marketing.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.27% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 56.13%.
Overvalued
The company’s latest PE is 16.11, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 931.99M shares, decreasing 3.84% quarter-over-quarter.