Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 20,100 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $110.20, for a total value of $2,215,020.00. Following the sale, the insider directly owned 51,934,800 shares of the company's stock, valued at $5,723,214,960. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Wednesday, April 1st, Post Holdings Co. Ltd. Japan sold 19,600 shares of Aflac stock. The stock was sold at an average price of $109.85, for a total value of $2,153,060.00.
- On Wednesday, March 25th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The shares were sold at an average price of $107.03, for a total value of $1,519,826.00.
- On Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $106.78, for a total value of $1,601,700.00.
- On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The shares were sold at an average price of $106.47, for a total value of $1,788,696.00.
- On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The shares were sold at an average price of $107.41, for a total value of $1,084,841.00.
- 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 shares were sold at an average price of $109.77, for a total value of $1,723,389.00.
- On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The shares were sold at an average price of $109.14, for a total value 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 value 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 value of $1,982,493.00.
Aflac Stock Performance
Shares of NYSE AFL opened at $110.22 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market cap of $56.78 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 3.62 and a beta of 0.66. The business's 50-day simple moving average is $111.27 and its 200-day simple moving average is $110.44. Aflac Incorporated has a 52 week low of $96.95 and a 52 week 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 analysts' consensus estimates of $1.69 by ($0.12). The company had revenue of $4.28 billion for 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 business's revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.57 EPS. As a group, equities research analysts expect that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.
Institutional Trading of Aflac
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. True Wealth Design LLC grew its holdings in shares of Aflac by 188.5% during the 3rd 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 in the last quarter. Quarry LP acquired a new stake in shares of Aflac during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Aflac during the 4th quarter worth approximately $29,000. Navalign LLC acquired a new stake in shares of Aflac during the 4th quarter worth approximately $32,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Aflac during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 67.44% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Morgan Stanley set a $120.00 target price on Aflac in a report on Monday, December 15th. Wall Street Zen lowered Aflac from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Barclays set a $101.00 target price on Aflac and gave the company an "underweight" rating in a report on Thursday, January 8th. JPMorgan Chase & Co. raised their target price on Aflac from $101.00 to $105.00 and gave the company a "neutral" rating in a report on Monday, January 5th. Finally, Wells Fargo & Company raised their target price on Aflac from $109.00 to $118.00 and gave the company an "equal weight" rating in a report on Wednesday, February 25th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Aflac presently has an average rating of "Hold" and a consensus target price of $112.00.
Read Our Latest Research Report on Aflac
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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