Aflac (NYSE:AFL) Major Shareholder Sells $1,316,700.00 in Stock

Key Points

  • Aflac major shareholder Post Holdings Co. Ltd. Japan sold 11,400 shares on May 27 at an average price of $115.50, generating about $1.32 million. The transaction was disclosed as part of a pre-arranged Rule 10b5-1 plan and reduced its ownership by just 0.02%.
  • The shareholder has been actively selling Aflac stock in multiple recent transactions, including several larger sales over the prior two weeks. Despite this, it still owns more than 51.3 million shares valued at roughly $5.93 billion.
  • Aflac’s latest quarterly results were mixed, with EPS of $1.75 missing estimates while revenue came in slightly above expectations at $4.24 billion. The company also recently declared a $0.61 quarterly dividend, implying a 2.2% yield.

Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 11,400 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $115.50, for a total transaction of $1,316,700.00. Following the sale, the insider owned 51,302,145 shares in the company, valued at $5,925,397,747.50. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own at least 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 Tuesday, May 26th, Post Holdings Co. Ltd. Japan sold 18,000 shares of Aflac stock. The shares were sold at an average price of $117.03, for a total transaction of $2,106,540.00.
  • On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The shares were sold at an average price of $117.78, for a total transaction of $3,662,958.00.
  • On Thursday, May 21st, Post Holdings Co. Ltd. Japan sold 30,400 shares of Aflac stock. The shares were sold at an average price of $117.61, for a total transaction of $3,575,344.00.
  • On Wednesday, May 20th, Post Holdings Co. Ltd. Japan sold 31,600 shares of Aflac stock. The shares were sold at an average price of $117.66, for a total transaction of $3,718,056.00.
  • On Tuesday, May 19th, Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock. The shares were sold at an average price of $118.80, for a total transaction of $5,940,000.00.
  • On Monday, May 18th, Post Holdings Co. Ltd. Japan sold 41,700 shares of Aflac stock. The shares were sold at an average price of $118.45, for a total transaction of $4,939,365.00.
  • On Friday, May 15th, Post Holdings Co. Ltd. Japan sold 23,500 shares of Aflac stock. The shares were sold at an average price of $116.85, for a total transaction of $2,745,975.00.
  • 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 transaction 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 transaction of $2,791,712.00.
  • On Tuesday, May 12th, Post Holdings Co. Ltd. Japan sold 24,300 shares of Aflac stock. The shares were sold at an average price of $115.97, for a total transaction of $2,818,071.00.

Aflac Stock Performance




Shares of NYSE AFL opened at $112.37 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $57.20 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.97 and a beta of 0.62. The firm's fifty day moving average is $113.08 and its two-hundred day moving average is $111.78. Aflac Incorporated has a 52-week low of $96.95 and a 52-week high of $119.81.

Aflac (NYSE:AFL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.80 by ($0.05). The company had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. The business's revenue was up 27.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.66 earnings per share. As a group, analysts anticipate that Aflac Incorporated will post 7.08 EPS for the current fiscal year.

Aflac Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, May 20th. Aflac's dividend payout ratio (DPR) is presently 27.70%.

Hedge Funds Weigh In On Aflac

Large investors have recently made changes to their positions in the company. Stephens Inc. AR raised its position in Aflac by 0.4% during the fourth quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider's stock valued at $2,420,000 after purchasing an additional 91 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Aflac by 0.7% during the first quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider's stock valued at $1,508,000 after buying an additional 91 shares during the last quarter. Root Financial Partners LLC grew its stake in shares of Aflac by 4.5% during the fourth quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider's stock valued at $234,000 after buying an additional 92 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of Aflac by 0.5% during the fourth quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider's stock valued at $2,105,000 after buying an additional 95 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in shares of Aflac by 1.2% during the fourth quarter. HBK Sorce Advisory LLC now owns 7,702 shares of the financial services provider's stock valued at $902,000 after buying an additional 95 shares during the last quarter. 67.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AFL. Wells Fargo & Company dropped their price objective on shares of Aflac from $116.00 to $111.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 5th. UBS Group dropped their price objective on shares of Aflac from $116.00 to $114.00 and set a "neutral" rating for the company in a research note on Thursday, April 9th. Wall Street Zen raised shares of Aflac from a "sell" rating to a "hold" rating in a research note on Saturday, May 9th. Evercore raised shares of Aflac from a "strong sell" rating to a "strong-buy" rating in a research note on Thursday, April 9th. Finally, Mizuho set a $104.00 price target on shares of Aflac in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $112.27.

Check Out Our Latest Analysis on AFL

Aflac News Roundup

Here are the key news stories impacting Aflac this week:

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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