Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,100 shares of Aflac stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $116.60, for a total value of $1,527,460.00. Following the sale, the insider directly owned 50,804,690 shares of the company's stock, valued at $5,923,826,854. This represents a 0.03% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 stock are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Wednesday, August 19th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $117.05, for a total transaction of $1,486,535.00.
- On Tuesday, August 18th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The stock was sold at an average price of $121.94, for a total value of $1,731,548.00.
- On Monday, August 17th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The stock was sold at an average price of $121.33, for a total value of $1,686,487.00.
- On Friday, August 14th, Post Holdings Co. Ltd. Japan sold 14,100 shares of Aflac stock. The shares were sold at an average price of $121.43, for a total transaction of $1,712,163.00.
- 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 shares were sold at an average price of $116.71, for a total value of $3,249,789.95.
- On Thursday, June 18th, Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock. The shares were sold at an average price of $116.92, for a total transaction of $385,836.00.
- On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The stock was sold at an average price of $116.62, for a total transaction 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 transaction of $3,374,496.00.
Aflac Stock Performance
AFL stock opened at $118.19 on Tuesday. The stock has a 50-day moving average price of $121.58 and a 200-day moving average price of $116.19. The firm has a market cap of $59.25 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 1.87 and a beta of 0.60. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 1-year low of $104.66 and a 1-year high of $130.22.
Aflac (NYSE:AFL - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported $1.75 EPS for the quarter, missing analysts' consensus estimates of $1.76 by ($0.01). The company had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.11 billion. Aflac had a return on equity of 13.27% and a net margin of 26.91%.The company's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.78 earnings per share. As a group, equities research analysts expect that Aflac Incorporated will post 7.04 earnings per share for the current year.
Aflac Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.61 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a yield of 2.1%. Aflac's payout ratio is 26.15%.
Wall Street Analyst Weigh In
Several equities analysts have commented on AFL shares. Piper Sandler reissued an "overweight" rating and set a $138.00 target price (up from $130.00) on shares of Aflac in a research report on Monday, August 10th. JPMorgan Chase & Co. reduced their price target on shares of Aflac from $117.00 to $116.00 and set a "neutral" rating for the company in a research report on Tuesday, August 11th. TD Cowen reaffirmed a "hold" rating and issued a $110.00 price objective (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Jefferies Financial Group reiterated a "hold" rating and issued a $108.00 target price (up from $100.00) on shares of Aflac in a research note on Friday, July 10th. Finally, Barclays reissued an "underweight" rating and set a $99.00 target price (up from $98.00) on shares of Aflac in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $116.62.
Get Our Latest Stock Report on AFL
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of 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 acquiring an additional 5,708 shares during the period. Bison Wealth LLC raised its stake in shares of Aflac by 4.3% during the 4th quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider's stock valued at $455,000 after purchasing an additional 183 shares during the period. WINTON GROUP Ltd purchased a new stake in Aflac during the 2nd quarter worth about $280,000. Sei Investments Co. lifted its holdings in Aflac by 11.2% during the 2nd quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider's stock worth $15,854,000 after purchasing an additional 15,105 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in Aflac by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider's stock valued at $1,261,000 after buying an additional 192 shares in the last quarter. Institutional investors own 67.44% of the company's stock.
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.
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