Key Points
- Director Miwako Hosoda sold 243 Aflac shares on May 6 at an average price of $114.50 under a pre-arranged Rule 10b5-1 plan, a $27,823.50 transaction that reduced her holdings by 3.04% to 7,743 shares.
- Aflac reported Q1 EPS of $1.75, missing the $1.80 consensus by $0.05 while revenue of $4.24 billion beat estimates and rose 27.9% year‑over‑year.
- The company declared a quarterly dividend of $0.61 per share (ex-dividend May 20, payable June 1), implying a 2.1% yield, and Wall Street’s consensus rating is currently an average "Hold" with a $111.36 target price.
Aflac Incorporated (NYSE:AFL - Get Free Report) Director Miwako Hosoda sold 243 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $114.50, for a total value of $27,823.50. Following the completion of the transaction, the director owned 7,743 shares in the company, valued at $886,573.50. This represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aflac Trading Up 0.1%
Shares of AFL stock opened at $113.55 on Friday. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.32. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.26. The business's 50 day moving average is $111.42 and its two-hundred day moving average is $110.96. The company has a market cap of $58.50 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 1.96 and a beta of 0.62.
Aflac (NYSE:AFL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.80 by ($0.05). Aflac had a net margin of 25.60% and a return on equity of 13.88%. The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the business earned $1.66 EPS. The company's revenue for the quarter was up 27.9% on a year-over-year basis. Equities analysts predict that Aflac Incorporated will post 7.16 EPS for the current year.
Aflac Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, May 20th. Aflac's dividend payout ratio (DPR) is 27.70%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. Piper Sandler lowered their price objective on shares of Aflac from $130.00 to $125.00 and set an "overweight" rating on the stock in a research note on Friday, May 1st. Mizuho set a $104.00 price objective on shares of Aflac in a research note on Monday. Barclays set a $99.00 price objective on shares of Aflac and gave the stock an "underweight" rating in a research note on Thursday, April 30th. UBS Group lowered their price objective on shares of Aflac from $116.00 to $114.00 and set a "neutral" rating on the stock in a research note on Thursday, April 9th. Finally, Weiss Ratings downgraded shares of Aflac from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Aflac currently has an average rating of "Hold" and an average target price of $111.36.
Get Our Latest Research Report on Aflac
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of AFL. Brighton Jones LLC lifted its position in Aflac by 64.4% in the fourth quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider's stock worth $1,507,000 after purchasing an additional 5,708 shares during the period. Bison Wealth LLC lifted its holdings in shares of Aflac by 4.3% during the fourth quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider's stock valued at $455,000 after acquiring an additional 183 shares during the period. WINTON GROUP Ltd bought a new position in shares of Aflac during the second quarter valued at $280,000. Sei Investments Co. lifted its holdings in shares of Aflac by 11.2% during the second quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider's stock valued at $15,854,000 after acquiring an additional 15,105 shares during the period. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Aflac by 1.6% during the second quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider's stock valued at $1,261,000 after acquiring an additional 192 shares during the period. 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
