Key Points
- Post Holdings Co. Ltd. Japan sold 12,700 Aflac shares at an average price of $116.49, generating $1.48 million. The sale, made under a Rule 10b5-1 plan, reduced its ownership by 0.03% to roughly 50.8 million shares.
- Aflac shares opened at $116.45, with a market capitalization of $58.38 billion and a 12-month trading range of $104.66 to $130.22. The company recently reported $1.75 in quarterly EPS—slightly below estimates—while revenue rose above expectations but declined 1% year over year.
- Aflac declared a quarterly dividend of $0.61 per share, equivalent to $2.44 annually and a 2.1% yield. Analysts maintain a consensus “Hold” rating with an average price target of $116.62.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,700 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $116.49, for a total value of $1,479,423.00. Following the completion of the sale, the insider owned 50,765,590 shares of the company's stock, valued at approximately $5,913,683,579.10. This trade represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 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 Monday, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The stock was sold at an average price of $118.02, for a total value of $1,593,270.00.
- On Friday, August 21st, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The shares were sold at an average price of $116.28, for a total transaction of $1,500,012.00.
- On Thursday, August 20th, Post Holdings Co. Ltd. Japan sold 13,100 shares of Aflac stock. The shares were sold at an average price of $116.60, for a total transaction of $1,527,460.00.
- 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 transaction 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 transaction 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 value 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 stock was sold at an average price of $116.92, for a total value of $385,836.00.
Aflac Stock Performance
AFL opened at $116.45 on Friday. 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 12-month low of $104.66 and a 12-month high of $130.22. The firm has a 50 day moving average of $121.60 and a two-hundred day moving average of $116.21. The firm has a market capitalization of $58.38 billion, a PE ratio of 12.48, a P/E/G ratio of 1.89 and a beta of 0.60.
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 the consensus estimate of $1.76 by ($0.01). Aflac had a net margin of 26.91% and a return on equity of 13.27%. The business had revenue of $4.22 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same period in the previous year, the company posted $1.78 earnings per share. Aflac's revenue for the quarter was down 1.0% compared to the same quarter last year. On average, analysts anticipate that Aflac Incorporated will post 7.04 EPS for the current year.
Aflac Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, August 19th. Aflac's dividend payout ratio is presently 26.15%.
Analyst Upgrades and Downgrades
AFL has been the topic of a number of recent analyst reports. Morgan Stanley increased their target price on Aflac from $120.00 to $125.00 and gave the company an "equal weight" rating in a research report on Thursday, May 21st. TD Cowen restated a "hold" rating and set a $110.00 price objective (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Piper Sandler reaffirmed an "overweight" rating and set a $138.00 price objective (up from $130.00) on shares of Aflac in a report on Monday, August 10th. Mizuho set a $116.00 target price on shares of Aflac in a research report on Monday, August 10th. Finally, Wolfe Research initiated coverage on shares of Aflac in a research note on Wednesday, August 19th. They set an "underperform" rating and a $103.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Aflac presently has a consensus rating of "Hold" and a consensus price target of $116.62.
Check Out Our Latest Stock Report on Aflac
Hedge Funds Weigh In On Aflac
Institutional investors have recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC purchased a new position in shares of Aflac during the 1st quarter worth $25,000. Groupe la Francaise acquired a new stake in Aflac during the first quarter worth about $25,000. Quarry LP purchased a new position in Aflac during the fourth quarter worth about $25,000. Archer Investment Corp acquired a new position in Aflac in the 2nd quarter valued at about $26,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Aflac in the 2nd quarter valued at approximately $27,000. 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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