Key Points
- Post Holdings Co. Ltd. Japan sold 23,500 Aflac shares on May 15 at an average price of $116.85, part of a recent string of insider sales made under a pre-arranged Rule 10b5-1 plan.
- Aflac’s stock was trading near its 12-month high, opening at $118.38, while the company reported mixed quarterly results earlier this month: revenue beat estimates, but EPS missed consensus.
- The insurer also announced a quarterly dividend of $0.61 per share, payable June 1, reinforcing its income profile even as analysts maintain an overall Hold rating.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 23,500 shares of the firm's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $116.85, for a total value of $2,745,975.00. Following the sale, the insider directly owned 51,516,345 shares in the company, valued at approximately $6,019,684,913.25. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% 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 Thursday, May 14th, Post Holdings Co. Ltd. Japan sold 24,500 shares of Aflac stock. The shares were sold at an average price of $116.42, for a total value of $2,852,290.00.
- On Wednesday, May 13th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The shares were sold at an average price of $115.36, for a total value of $2,791,712.00.
- On Tuesday, May 12th, Post Holdings Co. Ltd. Japan sold 24,300 shares of Aflac stock. The stock was sold at an average price of $115.97, for a total value of $2,818,071.00.
- On Monday, May 11th, Post Holdings Co. Ltd. Japan sold 24,100 shares of Aflac stock. The stock was sold at an average price of $114.85, for a total value of $2,767,885.00.
- On Thursday, April 9th, Post Holdings Co. Ltd. Japan sold 86,155 shares of Aflac stock. The stock was 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 stock was 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.
Aflac Stock Down 0.2%
Shares of NYSE:AFL opened at $118.38 on Wednesday. The firm has a market cap of $60.25 billion, a P/E ratio of 13.44, a P/E/G ratio of 2.07 and a beta of 0.62. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac Incorporated has a 12-month low of $96.95 and a 12-month high of $119.81. The business has a fifty day simple moving average of $112.02 and a 200 day simple moving average of $111.45.
Aflac (NYSE:AFL - Get Free Report) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (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 the consensus estimate of $4.20 billion. Aflac had a return on equity of 13.88% and a net margin of 25.60%.The firm's revenue for the quarter was up 27.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 earnings per share. Analysts predict that Aflac Incorporated will post 7.12 earnings per share for the current year.
Aflac Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th will be given a $0.61 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.44 annualized dividend and a dividend yield of 2.1%. Aflac's dividend payout ratio (DPR) is 27.70%.
More Aflac News
Here are the key news stories impacting Aflac this week:
- Positive Sentiment: Aflac’s industry outlook remains favorable, with analysts citing benefits from rising underwriting exposure and faster digitalization in accident and health insurance. Article: 5 Stocks to Watch From Prospering Accident & Health Insurance Industry
- Positive Sentiment: The company’s quarterly dividend of $0.61 per share underscores a steady shareholder-return profile, which can help support the stock for income-focused investors.
- Neutral Sentiment: Institutional ownership remains high, and several funds recently added to positions, suggesting continued interest from larger investors.
- Negative Sentiment: A major shareholder, Post Holdings Co. Ltd. Japan, sold about 23,500 to 24,500 shares in recent transactions under a pre-arranged trading plan, which may pressure sentiment. Article: SEC filing for Post Holdings Co. Ltd. Japan sale
- Negative Sentiment: Director Thomas Kenny also sold 1,740 shares, adding to the impression of insider profit-taking after the stock’s recent strength. Article: SEC filing for Thomas J. Kenny sale
- Negative Sentiment: Even after a strong run, Aflac’s last earnings report missed EPS estimates, which may keep some investors cautious about near-term upside.
Wall Street Analysts Forecast Growth
AFL has been the subject of several research 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 research report on Friday, April 10th. Evercore raised Aflac from a "strong sell" rating to a "strong-buy" rating in a research report on Thursday, April 9th. Piper Sandler lowered their price objective on Aflac from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Friday, May 1st. Barclays set a $99.00 price objective on Aflac and gave the stock an "underweight" rating in a research report on Thursday, April 30th. Finally, Wall Street Zen raised Aflac from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $111.36.
Read Our Latest Analysis on AFL
Institutional Trading of Aflac
Large investors have recently made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Aflac in the 1st quarter valued at about $25,000. Quarry LP acquired a new stake in shares of Aflac in the 4th quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Aflac in the 4th quarter valued at about $29,000. Evergreen Advisors LLC acquired a new stake in shares of Aflac in the 1st quarter valued at about $29,000. Finally, Navalign LLC acquired a new stake in shares of Aflac in the 4th quarter valued at about $32,000. 67.44% of the stock is currently 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.
Featured 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].
