Key Points
- Post Holdings Co. Ltd. Japan sold 13,500 Aflac shares at an average price of $115.20, generating $1.56 million. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced its ownership by 0.03%, leaving it with roughly 50.5 million shares.
- Aflac shares opened at $113.65, with a market capitalization of approximately $57 billion. The company recently reported quarterly revenue of $4.22 billion, though earnings per share of $1.75 fell slightly short of estimates.
- Aflac maintained a quarterly dividend of $0.61, equivalent to $2.44 annually and a 2.1% yield. Analysts’ consensus rating is “Hold”, with an average price target of $116.62.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,500 shares of the business's stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $115.20, for a total value of $1,555,200.00. Following the completion of the sale, the insider owned 50,493,590 shares in the company, valued at approximately $5,816,861,568. This trade represents a 0.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large 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 Monday, September 21st, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The stock was sold at an average price of $115.49, for a total value of $1,408,978.00.
- On Friday, September 18th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $116.22, for a total value of $1,487,616.00.
- On Thursday, September 17th, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The shares were sold at an average price of $116.58, for a total value of $1,503,882.00.
- On Wednesday, September 16th, Post Holdings Co. Ltd. Japan sold 13,800 shares of Aflac stock. The shares were sold at an average price of $117.49, for a total value of $1,621,362.00.
- On Monday, September 14th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The stock was sold at an average price of $116.74, for a total value of $1,587,664.00.
- On Friday, September 11th, Post Holdings Co. Ltd. Japan sold 14,000 shares of Aflac stock. The stock was sold at an average price of $115.14, for a total transaction of $1,611,960.00.
- On Thursday, September 10th, Post Holdings Co. Ltd. Japan sold 13,300 shares of Aflac stock. The shares were sold at an average price of $114.32, for a total transaction of $1,520,456.00.
- On Tuesday, September 8th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The stock was sold at an average price of $115.44, for a total transaction of $1,569,984.00.
- On Friday, September 4th, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The stock was sold at an average price of $117.47, for a total transaction of $1,762,050.00.
- On Thursday, September 3rd, Post Holdings Co. Ltd. Japan sold 20,000 shares of Aflac stock. The stock was sold at an average price of $118.49, for a total transaction of $2,369,800.00.
Aflac Stock Down 0.3%
Aflac stock opened at $113.65 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 1-year low of $105.43 and a 1-year high of $130.22. The company has a fifty day simple moving average of $119.79 and a 200 day simple moving average of $116.54. The company has a market cap of $56.98 billion, a P/E ratio of 12.18, a price-to-earnings-growth ratio of 1.84 and a beta of 0.59.
Aflac (NYSE:AFL - Get Free Report) last issued 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 return on equity of 13.27% and a net margin of 26.91%.The business had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period last year, the firm earned $1.78 earnings per share. The company's quarterly revenue was down 1.0% compared to the same quarter last year. Research analysts anticipate that Aflac Incorporated will post 7.04 earnings per share for the current fiscal year.
Aflac Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were given a $0.61 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac's payout ratio is currently 26.15%.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Wells Fargo & Company set a $122.00 price target on Aflac and gave the company an "equal weight" rating in a research report on Wednesday, August 19th. Mizuho set a $116.00 price target on Aflac in a research report on Monday, August 10th. Wolfe Research assumed coverage on Aflac in a research note on Wednesday, August 19th. They set an "underperform" rating and a $103.00 price objective on the stock. Weiss Ratings raised Aflac from a "buy (b)" rating to a "buy (a-)" rating in a report on Tuesday. Finally, JPMorgan Chase & Co. decreased their target price on shares of Aflac from $117.00 to $116.00 and set a "neutral" rating for the company in a research note on Tuesday, August 11th. 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 issued a Sell rating to the company's stock. According to data from MarketBeat, Aflac has a consensus rating of "Hold" and an average target price of $116.62.
View Our Latest Stock Analysis on Aflac
Institutional Investors Weigh In On Aflac
Hedge funds have recently bought and sold shares of the company. Compound Planning Inc. grew its holdings in Aflac by 0.7% during the first quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider's stock worth $1,508,000 after purchasing an additional 91 shares during the period. Root Financial Partners LLC lifted its position in shares of Aflac by 4.5% in the fourth quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider's stock valued at $234,000 after buying an additional 92 shares during the last quarter. Studio Investment Management LLC lifted its position in shares of Aflac by 1.3% in the second quarter. Studio Investment Management LLC now owns 7,650 shares of the financial services provider's stock valued at $897,000 after buying an additional 96 shares during the last quarter. Lcnb Corp boosted its stake in shares of Aflac by 5.1% during the 4th quarter. Lcnb Corp now owns 2,044 shares of the financial services provider's stock worth $225,000 after acquiring an additional 100 shares during the period. Finally, Lewis Asset Management LLC boosted its stake in shares of Aflac by 2.8% during the 1st quarter. Lewis Asset Management LLC now owns 3,935 shares of the financial services provider's stock worth $432,000 after acquiring an additional 107 shares during the period. 67.44% of the stock is currently owned by institutional investors and hedge funds.
About Aflac
(
Get Free Report)
Aflac Incorporated is an insurance company that provides supplemental health and life insurance products. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with accidents, illness, hospitalization, disability and critical illness.
Through its U.S. operations, Aflac markets policies to individuals, businesses and employees through workplace benefit programs, independent agents and brokers. The company is also a major provider of supplemental insurance in Japan, where it offers products focused primarily on cancer, medical and income-support coverage.
Founded in 1955 in Columbus, Georgia, as American Family Life Assurance Company, the business adopted the name Aflac in 1990.
Recommended Stories

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].