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 Thursday, August 27th. The stock was sold at an average price of $116.67, for a total transaction of $1,481,709.00. Following the sale, the insider directly owned 50,739,690 shares in the company, valued at approximately $5,919,799,632.30. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Wednesday, August 26th, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The shares were sold at an average price of $117.35, for a total value of $1,549,020.00.
- On Tuesday, August 25th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.49, for a total value of $1,479,423.00.
- 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 stock was sold at an average price of $116.28, for a total value 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 value of $1,527,460.00.
- On Wednesday, August 19th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $117.05, for a total value 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 shares were 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 value 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.
Aflac Price Performance
Shares of NYSE AFL opened at $116.02 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12. The firm has a fifty day moving average of $121.61 and a 200 day moving average of $116.23. The firm has a market cap of $58.17 billion, a PE ratio of 12.44, a PEG ratio of 1.88 and a beta of 0.60. Aflac Incorporated has a one year low of $104.66 and a one year high of $130.22.
Aflac (NYSE:AFL - Get Free Report) last posted 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 net margin of 26.91% and a return on equity of 13.27%. The company had revenue of $4.22 billion for the quarter, compared to analysts' expectations of $4.11 billion. During the same period in the previous year, the business earned $1.78 earnings per share. The business's revenue for the quarter was down 1.0% on a year-over-year basis. As a group, research analysts predict that Aflac Incorporated will post 7.04 EPS for the current fiscal year.
Aflac Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th will be given 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 is Wednesday, August 19th. Aflac's dividend payout ratio is 26.15%.
Hedge Funds Weigh In On Aflac
Institutional investors and hedge funds have recently bought and sold shares of the business. DNB Asset Management AS increased its stake in shares of Aflac by 51.3% in the 4th quarter. DNB Asset Management AS now owns 168,003 shares of the financial services provider's stock worth $18,526,000 after acquiring an additional 56,975 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Aflac during the fourth quarter worth about $3,743,000. Meiji Yasuda Asset Management Co Ltd. purchased a new position in Aflac during the second quarter worth about $6,630,000. Atlas Wealth LLC purchased a new position in Aflac during the first quarter worth about $1,802,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings 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 during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
AFL has been the topic of several research analyst reports. Piper Sandler reiterated an "overweight" rating and issued a $138.00 price objective (up from $130.00) on shares of Aflac in a report on Monday, August 10th. Wall Street Zen cut Aflac from a "hold" rating to a "sell" rating in a report on Saturday, August 15th. Keefe, Bruyette & Woods raised their target price on Aflac from $120.00 to $125.00 and gave the company a "market perform" rating in a research report on Tuesday, August 11th. Weiss Ratings raised Aflac from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Friday, August 21st. Finally, Barclays reiterated an "underweight" rating and set a $99.00 price target (up from $98.00) on shares of Aflac in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $116.62.
Check Out Our Latest Research Report on AFL
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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