Key Points
- Post Holdings Co. Ltd. Japan sold 19,300 Aflac shares on March 5 at an average price of $110.96 for about $2.14 million, trimming its stake by 0.04% to 52,241,500 shares valued at roughly $5.80 billion.
- Aflac missed quarterly expectations, reporting $1.57 EPS vs. a $1.69 consensus and $4.28 billion in revenue vs. $4.45 billion, with revenue down 9.6% year‑over‑year.
- Analysts have an average rating of “Hold” with a mean price target of $111.73; the stock trades near $110, has a market cap of about $56.85 billion and a trailing P/E of 16.00.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 19,300 shares of Aflac stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $110.96, for a total value of $2,141,528.00. Following the sale, the insider directly owned 52,241,500 shares of the company's stock, valued at $5,796,716,840. This represents a 0.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Aflac Trading Down 1.1%
AFL stock opened at $110.09 on Tuesday. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.32. The company has a market capitalization of $56.85 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 3.64 and a beta of 0.66. The company's 50-day simple moving average is $111.70 and its 200 day simple moving average is $110.28. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11.
Aflac (NYSE:AFL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.12). The business had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.45 billion. Aflac had a return on equity of 14.35% and a net margin of 21.24%.Aflac's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 EPS. As a group, sell-side analysts anticipate that Aflac Incorporated will post 6.88 earnings per share for the current year.
Wall Street Analysts Forecast Growth
AFL has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on Aflac from $101.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday, January 5th. Wall Street Zen lowered Aflac from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. TD Cowen reaffirmed a "hold" rating on shares of Aflac in a report on Monday, December 22nd. Morgan Stanley set a $120.00 target price on Aflac in a research report on Monday, December 15th. Finally, Raymond James Financial reissued an "outperform" rating and set a $119.00 target price (up from $110.00) on shares of Aflac in a report on Tuesday, December 30th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $111.73.
Read Our Latest Analysis on AFL
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its stake in Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider's stock worth $25,000 after purchasing an additional 147 shares during the last quarter. Quarry LP bought a new position in shares of Aflac in the 4th quarter valued at $25,000. Navalign LLC acquired a new position in shares of Aflac during the 4th quarter worth $32,000. Darwin Wealth Management LLC bought a new stake in shares of Aflac during the 2nd quarter worth $33,000. Finally, Activest Wealth Management lifted its position in shares of Aflac by 95.6% during the 4th quarter. Activest Wealth Management now owns 311 shares of the financial services provider's stock worth $34,000 after buying an additional 152 shares during the last quarter. 67.44% of the stock is owned by institutional investors.
Aflac Company Profile
(
Get Free Report)
Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac's product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.
Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.
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