Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 20,000 shares of the company's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $118.49, for a total value of $2,369,800.00. Following the completion of the sale, the insider owned 50,667,690 shares of the company's stock, valued at approximately $6,003,614,588.10. The trade was a 0.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Wednesday, September 2nd, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $117.19, for a total value of $1,582,065.00.
- On Tuesday, September 1st, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.77, for a total value of $1,481,856.00.
- On Monday, August 31st, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.00, for a total transaction of $1,473,200.00.
- On Friday, August 28th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $116.52, for a total transaction of $1,514,760.00.
- On Thursday, August 27th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $116.67, for a total transaction of $1,481,709.00.
- On Wednesday, August 26th, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The stock was sold at an average price of $117.35, for a total transaction 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 transaction of $1,479,423.00.
- On Monday, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $118.02, for a total transaction 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 stock was sold at an average price of $116.60, for a total transaction of $1,527,460.00.
Aflac Trading Down 1.7%
Shares of Aflac stock opened at $115.19 on Wednesday. Aflac Incorporated has a fifty-two week low of $105.43 and a fifty-two week high of $130.22. 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 company has a market capitalization of $57.75 billion, a P/E ratio of 12.35, a P/E/G ratio of 1.89 and a beta of 0.59. The company has a fifty day moving average of $121.39 and a 200 day moving average of $116.30.
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). Aflac had a net margin of 26.91% and a return on equity of 13.27%. The business had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the business earned $1.78 earnings per share. Aflac's revenue was down 1.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Aflac Incorporated will post 7.04 earnings per share for the current fiscal year.
Aflac Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, August 19th. Aflac's dividend payout ratio (DPR) is 26.15%.
Hedge Funds Weigh In On Aflac
Institutional investors have recently added to or reduced their stakes in the company. Whipplewood Advisors LLC bought a new stake in Aflac in the 1st quarter worth approximately $25,000. Groupe la Francaise bought a new position in shares of Aflac during the 1st quarter valued at approximately $25,000. Quarry LP purchased a new position in shares of Aflac in the fourth quarter valued at $25,000. Archer Investment Corp purchased a new position in shares of Aflac in the second quarter valued at $26,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in Aflac in the second quarter worth $27,000. Hedge funds and other institutional investors own 67.44% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on AFL. Wolfe Research assumed coverage on Aflac in a research note on Wednesday, August 19th. They issued an "underperform" rating and a $103.00 price target for the company. Piper Sandler reissued an "overweight" rating and issued a $138.00 target price (up from $130.00) on shares of Aflac in a report on Monday, August 10th. JPMorgan Chase & Co. dropped their target price 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. Morgan Stanley upped their target price on shares of Aflac from $120.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 21st. Finally, Mizuho set a $116.00 price target on shares of Aflac in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $116.62.
Check Out Our Latest Research Report on Aflac
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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