Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 14,100 shares of the business's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $121.43, for a total transaction of $1,712,163.00. Following the transaction, the insider owned 50,858,590 shares in the company, valued at $6,175,758,583.70. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 Thursday, August 13th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $121.09, for a total transaction of $1,574,170.00.
- On Monday, June 22nd, Post Holdings Co. Ltd. Japan sold 27,845 shares of Aflac stock. The stock was sold at an average price of $116.71, for a total transaction of $3,249,789.95.
- On Thursday, June 18th, Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock. The stock was sold at an average price of $116.92, for a total value of $385,836.00.
- On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The shares were sold at an average price of $116.62, for a total value of $3,067,106.00.
- On Tuesday, June 16th, Post Holdings Co. Ltd. Japan sold 30,000 shares of Aflac stock. The shares were sold at an average price of $117.39, for a total value of $3,521,700.00.
- On Monday, June 15th, Post Holdings Co. Ltd. Japan sold 28,800 shares of Aflac stock. The stock was sold at an average price of $117.17, for a total value of $3,374,496.00.
- On Friday, June 12th, Post Holdings Co. Ltd. Japan sold 53,000 shares of Aflac stock. The stock was sold at an average price of $117.74, for a total value of $6,240,220.00.
- On Thursday, June 11th, Post Holdings Co. Ltd. Japan sold 48,500 shares of Aflac stock. The stock was sold at an average price of $117.20, for a total value of $5,684,200.00.
- On Wednesday, June 10th, Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock. The shares were sold at an average price of $117.00, for a total value of $3,100,500.00.
- On Tuesday, June 9th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The stock was sold at an average price of $115.43, for a total value of $1,477,504.00.
Aflac Stock Up 0.6%
NYSE AFL opened at $121.74 on Wednesday. The business's fifty day simple moving average is $121.60 and its 200-day simple moving average is $116.04. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.29. The firm has a market cap of $61.03 billion, a PE ratio of 13.05, a P/E/G ratio of 1.96 and a beta of 0.60. Aflac Incorporated has a 52 week low of $104.66 and a 52 week high of $130.22.
Aflac (NYSE:AFL - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.01). Aflac had a return on equity of 13.27% and a net margin of 26.91%.The firm had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the previous year, the business posted $1.78 earnings per share. Aflac's revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities analysts anticipate that Aflac Incorporated will post 7.04 earnings per share for the current year.
Aflac Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th will be issued a $0.61 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a yield of 2.0%. Aflac's dividend payout ratio is currently 26.15%.
Wall Street Analyst Weigh In
AFL has been the topic of a number of research analyst reports. Mizuho set a $116.00 target price on Aflac in a research report on Monday, August 10th. Morgan Stanley increased their price target on Aflac from $120.00 to $125.00 and gave the stock an "equal weight" rating in a report on Thursday, May 21st. Wall Street Zen lowered shares of Aflac from a "hold" rating to a "sell" rating in a report on Saturday. JPMorgan Chase & Co. decreased their target price on shares of Aflac from $117.00 to $116.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 11th. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $138.00 target price (up from $130.00) on shares of Aflac in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $117.58.
View Our Latest Stock Report on AFL
Institutional Investors Weigh In On Aflac
Several institutional investors and hedge funds have recently modified their holdings of AFL. DNB Asset Management AS raised its stake in shares of Aflac by 51.3% in the fourth quarter. DNB Asset Management AS now owns 168,003 shares of the financial services provider's stock valued at $18,526,000 after acquiring an additional 56,975 shares in the last quarter. Employees Retirement System of Texas acquired a new position in Aflac during the 4th quarter worth $3,743,000. Atlas Wealth LLC purchased a new stake in Aflac during the 1st quarter worth about $1,802,000. D.A. Davidson & CO. increased its holdings in Aflac by 77.3% during the 4th quarter. D.A. Davidson & CO. now owns 63,646 shares of the financial services provider's stock worth $7,018,000 after purchasing an additional 27,751 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Aflac by 4.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,072,717 shares of the financial services provider's stock valued at $118,256,000 after purchasing an additional 46,262 shares in the last quarter. Hedge funds and other institutional investors own 67.44% of the company's stock.
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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