Caisse DE Depot ET Placement DU Quebec decreased its position in shares of AFLAC Incorporated (NYSE:AFL) by 17.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,062 shares of the financial services provider’s stock after selling 9,500 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in AFLAC were worth $3,868,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mutual of America Capital Management LLC lifted its holdings in AFLAC by 1.2% in the fourth quarter. Mutual of America Capital Management LLC now owns 48,300 shares of the financial services provider’s stock worth $4,240,000 after purchasing an additional 585 shares during the period. Intrust Bank NA lifted its holdings in AFLAC by 4.8% in the third quarter. Intrust Bank NA now owns 13,404 shares of the financial services provider’s stock worth $1,091,000 after purchasing an additional 617 shares during the period. Somerset Trust Co lifted its holdings in AFLAC by 2.6% in the fourth quarter. Somerset Trust Co now owns 24,941 shares of the financial services provider’s stock worth $2,190,000 after purchasing an additional 641 shares during the period. GWM Advisors LLC lifted its holdings in AFLAC by 8.5% in the fourth quarter. GWM Advisors LLC now owns 8,469 shares of the financial services provider’s stock worth $762,000 after purchasing an additional 667 shares during the period. Finally, Lingohr & Partner Asset Management GmbH lifted its holdings in AFLAC by 2.7% in the fourth quarter. Lingohr & Partner Asset Management GmbH now owns 26,652 shares of the financial services provider’s stock worth $2,339,000 after purchasing an additional 695 shares during the period. 68.80% of the stock is owned by institutional investors.
Shares of AFLAC Incorporated (NYSE:AFL) opened at $90.83 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.05 and a quick ratio of 0.05. AFLAC Incorporated has a 1 year low of $70.64 and a 1 year high of $91.73. The company has a market cap of $35,390.00, a PE ratio of 12.46, a price-to-earnings-growth ratio of 2.39 and a beta of 0.96.
AFLAC (NYSE:AFL) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.55 by $0.05. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. The firm had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the business earned $1.44 earnings per share. AFLAC’s revenue for the quarter was down 8.9% compared to the same quarter last year. equities analysts anticipate that AFLAC Incorporated will post 7.68 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Wednesday, February 21st were given a $0.52 dividend. The ex-dividend date was Tuesday, February 20th. This is a boost from AFLAC’s previous quarterly dividend of $0.45. This represents a $2.08 annualized dividend and a yield of 2.29%. AFLAC’s payout ratio is 28.53%.
AFL has been the subject of several research analyst reports. Janney Montgomery Scott reaffirmed a “buy” rating on shares of AFLAC in a report on Tuesday, January 16th. Wells Fargo & Co set a $84.00 price objective on shares of AFLAC and gave the stock a “hold” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of AFLAC from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. UBS Group initiated coverage on shares of AFLAC in a report on Friday, March 2nd. They issued a “neutral” rating and a $98.00 price objective for the company. Finally, ValuEngine raised shares of AFLAC from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating, three have given a buy rating and three have given a strong buy rating to the company’s stock. AFLAC presently has an average rating of “Hold” and a consensus price target of $84.96.
In other AFLAC news, insider Audrey B. Tillman sold 2,360 shares of the business’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $87.64, for a total value of $206,830.40. Following the sale, the insider now directly owns 39,331 shares in the company, valued at $3,446,968.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP James Todd Daniels sold 1,430 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $87.11, for a total transaction of $124,567.30. Following the completion of the sale, the vice president now owns 12,708 shares in the company, valued at $1,106,993.88. The disclosure for this sale can be found here. Over the last quarter, insiders sold 43,921 shares of company stock worth $3,913,315. 3.00% of the stock is owned by company insiders.
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Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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