Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 10,100 shares of the company's stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $107.41, for a total value of $1,084,841.00. Following the transaction, the insider directly owned 52,078,600 shares in the company, valued at $5,593,762,426. This represents a 0.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Wednesday, March 18th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The shares were sold at an average price of $108.43, for a total value of $1,322,846.00.
- On Tuesday, March 17th, Post Holdings Co. Ltd. Japan sold 15,700 shares of Aflac stock. The stock was sold at an average price of $109.77, for a total transaction of $1,723,389.00.
- On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The stock was sold at an average price of $109.14, for a total transaction of $1,899,036.00.
- 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 transaction 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 transaction of $2,141,528.00.
Aflac Price Performance
Shares of NYSE:AFL opened at $106.55 on Tuesday. The business's 50 day simple moving average is $111.31 and its 200-day simple moving average is $110.37. The firm has a market capitalization of $54.89 billion, a price-to-earnings ratio of 15.49, a price-to-earnings-growth ratio of 3.48 and a beta of 0.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.32.
Aflac (NYSE:AFL - Get Free Report) last released 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 firm had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.45 billion. Aflac had a net margin of 21.24% and a return on equity of 14.35%. The business'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 earned $1.57 earnings per share. As a group, equities analysts forecast that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on AFL. JPMorgan Chase & Co. raised their price target on Aflac from $101.00 to $105.00 and gave the company a "neutral" rating in a research report on Monday, January 5th. Mizuho set a $107.00 price objective on shares of Aflac in a research report on Monday, February 9th. Weiss Ratings reissued a "buy (b+)" rating on shares of Aflac in a research note on Monday, December 22nd. Wells Fargo & Company raised their target price 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. Finally, TD Cowen restated a "hold" rating on shares of Aflac in a research report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $111.73.
Check Out Our Latest Stock Report on AFL
Hedge Funds Weigh In On Aflac
Institutional investors have recently made changes to their positions in the stock. J. Derek Lewis & Associates Inc. purchased a new stake in shares of Aflac in the fourth quarter valued at $263,000. Hsbc Holdings PLC increased its position in Aflac by 5.8% during the 4th quarter. Hsbc Holdings PLC now owns 1,061,308 shares of the financial services provider's stock worth $117,186,000 after purchasing an additional 58,018 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in Aflac by 1.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 342,092 shares of the financial services provider's stock worth $37,722,000 after purchasing an additional 3,736 shares in the last quarter. World Investment Advisors raised its stake in Aflac by 59.8% in the 4th quarter. World Investment Advisors now owns 6,298 shares of the financial services provider's stock valued at $694,000 after purchasing an additional 2,357 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new position in Aflac in the 4th quarter valued at about $29,000. 67.44% of the stock is owned by institutional investors and hedge funds.
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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