Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 17,400 shares of the business's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $109.14, for a total transaction of $1,899,036.00. Following the completion of the transaction, the insider owned 52,132,700 shares of the company's stock, valued at approximately $5,689,762,878. This represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were sold at an average price of $109.60, for a total transaction of $1,961,840.00.
- On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The shares were sold at an average price of $109.53, for a total transaction of $1,982,493.00.
- On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The stock was sold at an average price of $110.47, for a total transaction of $2,098,930.00.
- On Monday, March 9th, Post Holdings Co. Ltd. Japan sold 17,300 shares of Aflac stock. The stock was sold at an average price of $109.62, for a total transaction of $1,896,426.00.
- On Friday, March 6th, Post Holdings Co. Ltd. Japan sold 19,100 shares of Aflac stock. The shares were sold at an average price of $110.77, for a total value of $2,115,707.00.
- On Thursday, March 5th, Post Holdings Co. Ltd. Japan sold 19,300 shares of Aflac stock. The shares were sold at an average price of $110.96, for a total value of $2,141,528.00.
Aflac Stock Performance
NYSE AFL opened at $109.53 on Wednesday. The stock has a market capitalization of $56.56 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 3.57 and a beta of 0.66. The stock has a 50-day moving average of $111.52 and a 200 day moving average of $110.37. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $119.32.
Aflac (NYSE:AFL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $1.57 EPS 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 net margin of 21.24% and a return on equity of 14.35%. The firm's revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.57 earnings per share. Sell-side analysts anticipate that Aflac Incorporated will post 6.88 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
AFL has been the subject of several recent analyst reports. Weiss Ratings reissued a "buy (b+)" rating on shares of Aflac in a report on Monday, December 22nd. Wells Fargo & Company increased their price objective on shares of Aflac from $109.00 to $118.00 and gave the company an "equal weight" rating in a report on Wednesday, February 25th. Raymond James Financial reiterated an "outperform" rating and issued a $119.00 target price (up from $110.00) on shares of Aflac in a research report on Tuesday, December 30th. Morgan Stanley set a $120.00 target price on shares of Aflac in a research note on Monday, December 15th. Finally, Mizuho set a $107.00 price target on shares of Aflac in a research report on Monday, February 9th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $111.73.
Read Our Latest Analysis on AFL
Institutional Trading of Aflac
Several large investors have recently made changes to their positions in AFL. True Wealth Design LLC lifted its holdings in Aflac by 188.5% in the 3rd quarter. True Wealth Design LLC now owns 225 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 147 shares in the last quarter. Quarry LP acquired a new stake in Aflac during the 4th quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Aflac during the fourth quarter worth $29,000. Navalign LLC acquired a new stake in shares of Aflac in the fourth quarter valued at about $32,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Aflac in the second quarter valued at about $33,000. 67.44% of the stock is currently owned by hedge funds and other 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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