Key Points
- Aflac major shareholder Post Holdings Co. Ltd. Japan sold 24,100 shares on May 11 at an average price of $114.85, totaling about $2.77 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Post Holdings has been actively trimming its Aflac stake with multiple sales in April and March, including several larger transactions worth millions of dollars each.
- Aflac reported mixed quarterly results, with EPS of $1.75 missing estimates but revenue of $4.24 billion topping forecasts. The company also declared a quarterly dividend of $0.61 per share, yielding about 2.1% annually.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 24,100 shares of Aflac stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $114.85, for a total value of $2,767,885.00. Following the completion of the transaction, the insider directly owned 51,612,845 shares in the company, valued at $5,927,735,248.25. This represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Thursday, April 9th, Post Holdings Co. Ltd. Japan sold 86,155 shares of Aflac stock. The shares were sold at an average price of $113.24, for a total value of $9,756,192.20.
- On Wednesday, April 8th, Post Holdings Co. Ltd. Japan sold 166,000 shares of Aflac stock. The shares were sold at an average price of $112.38, for a total value of $18,655,080.00.
- On Tuesday, April 7th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The stock was sold at an average price of $110.45, for a total value of $2,672,890.00.
- On Monday, April 6th, Post Holdings Co. Ltd. Japan sold 21,500 shares of Aflac stock. The stock was sold at an average price of $110.34, for a total value of $2,372,310.00.
- On Thursday, April 2nd, Post Holdings Co. Ltd. Japan sold 20,100 shares of Aflac stock. The stock was sold at an average price of $110.20, for a total value of $2,215,020.00.
- 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $107.41, for a total value of $1,084,841.00.
Aflac Stock Performance
Aflac stock opened at $115.39 on Thursday. The stock's 50 day moving average price is $111.57 and its 200 day moving average price is $111.15. The firm has a market capitalization of $58.73 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 2.02 and a beta of 0.62. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.32.
Aflac (NYSE:AFL - Get Free Report) last released 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). The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.20 billion. Aflac had a return on equity of 13.88% and a net margin of 25.60%.The business's revenue was up 27.9% on a year-over-year basis. During the same period last year, the firm posted $1.66 earnings per share. As a group, sell-side analysts expect that Aflac Incorporated will post 7.12 EPS for the current fiscal year.
Aflac Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 20th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.44 annualized dividend and a yield of 2.1%. Aflac's payout ratio is 27.70%.
Institutional Investors Weigh In On Aflac
Institutional investors have recently made changes to their positions in the company. BIP Wealth LLC lifted its holdings in shares of Aflac by 348.3% during the fourth quarter. BIP Wealth LLC now owns 55,723 shares of the financial services provider's stock valued at $6,145,000 after purchasing an additional 43,293 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Aflac by 10.4% during the third quarter. ProShare Advisors LLC now owns 1,731,482 shares of the financial services provider's stock valued at $193,407,000 after purchasing an additional 163,791 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in shares of Aflac by 126.1% during the third quarter. Wedbush Securities Inc. now owns 21,345 shares of the financial services provider's stock valued at $2,384,000 after purchasing an additional 11,903 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Aflac by 5.5% during the fourth quarter. Nordea Investment Management AB now owns 1,866,471 shares of the financial services provider's stock valued at $206,712,000 after purchasing an additional 97,766 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Aflac by 12.0% during the third quarter. Jones Financial Companies Lllp now owns 97,344 shares of the financial services provider's stock valued at $10,841,000 after purchasing an additional 10,423 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
AFL has been the topic of several analyst reports. Keefe, Bruyette & Woods lifted their price objective on Aflac from $113.00 to $115.00 and gave the stock a "market perform" rating in a report on Friday, April 10th. Evercore upgraded Aflac from a "strong sell" rating to a "strong-buy" rating in a report on Thursday, April 9th. UBS Group dropped their price objective on Aflac from $116.00 to $114.00 and set a "neutral" rating on the stock in a report on Thursday, April 9th. Barclays set a $99.00 price objective on Aflac and gave the stock an "underweight" rating in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded Aflac from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $111.36.
View Our Latest Stock Report on AFL
About Aflac
(
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.
Further Reading

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