Financial Planning Hawaii Inc. Makes New $842,000 Investment in Aflac Incorporated $AFL

Financial Planning Hawaii Inc. purchased a new stake in Aflac Incorporated (NYSE:AFL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,632 shares of the financial services provider’s stock, valued at approximately $842,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC raised its holdings in shares of Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 147 shares during the period. Darwin Wealth Management LLC bought a new stake in Aflac in the 2nd quarter valued at $33,000. Westside Investment Management Inc. boosted its stake in Aflac by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 324 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 162 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Aflac in the 2nd quarter worth $42,000. Finally, Board of the Pension Protection Fund bought a new position in Aflac during the 4th quarter worth about $44,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Insider Activity at Aflac

In related news, Director Charles D. Lake II sold 15,590 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $109.93, for a total value of $1,713,808.70. Following the completion of the transaction, the director directly owned 62,237 shares of the company’s stock, valued at approximately $6,841,713.41. This trade represents a 20.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Post Holdings Co. Ltd. Japan sold 19,300 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $110.96, for a total transaction of $2,141,528.00. Following the transaction, the insider owned 52,241,500 shares in the company, valued at approximately $5,796,716,840. The trade was a 0.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 235,077 shares of company stock worth $25,690,082 in the last ninety days. Insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $113.00 price target on shares of Aflac in a research note on Thursday, March 26th. JPMorgan Chase & Co. lifted their target price on Aflac from $101.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Wall Street Zen cut Aflac from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Wells Fargo & Company upped their price target on Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. Finally, Morgan Stanley set a $120.00 price target on shares of Aflac in a research note on Monday, December 15th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $112.00.

Aflac Trading Up 1.5%

Aflac stock opened at $108.05 on Tuesday. The company has a market cap of $55.67 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 3.49 and a beta of 0.66. The firm has a 50-day moving average of $111.10 and a 200-day moving average of $110.38. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.32.

Aflac (NYSE:AFL) last released its earnings results on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.12). Aflac had a net margin of 21.24% and a return on equity of 14.35%. The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.45 billion. During the same period in the prior year, the firm posted $1.57 EPS. Aflac’s revenue was down 9.6% compared to the same quarter last year. On average, equities analysts expect that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

Aflac Profile

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.