Aflac Incorporated $AFL Shares Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. raised its position in Aflac Incorporated (NYSE:AFL) by 29.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,723 shares of the financial services provider’s stock after acquiring an additional 4,511 shares during the period. Landscape Capital Management L.L.C.’s holdings in Aflac were worth $2,175,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Aflac by 64.4% during the fourth quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider’s stock worth $1,507,000 after buying an additional 5,708 shares during the period. Bison Wealth LLC lifted its stake in shares of Aflac by 4.3% during the fourth quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider’s stock worth $455,000 after buying an additional 183 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Aflac during the second quarter worth $280,000. Sei Investments Co. lifted its stake in shares of Aflac by 11.2% during the second quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider’s stock worth $15,854,000 after buying an additional 15,105 shares during the period. Finally, Main Street Financial Solutions LLC lifted its stake in shares of Aflac by 1.6% during the second quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider’s stock worth $1,261,000 after buying an additional 192 shares during the period. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on AFL. Evercore upgraded shares of Aflac from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Mizuho set a $104.00 price objective on shares of Aflac in a research note on Monday, May 4th. Weiss Ratings downgraded shares of Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 29th. Piper Sandler reiterated an “overweight” rating and set a $130.00 price objective (up from $125.00) on shares of Aflac in a research note on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Aflac from $113.00 to $115.00 and gave the stock a “market perform” rating in a research note on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $112.27.

Insider Activity at Aflac

In other news, major shareholder Post Holdings Co. Ltd. Japan sold 26,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $117.00, for a total transaction of $3,100,500.00. Following the completion of the sale, the insider owned 51,116,235 shares of the company’s stock, valued at $5,980,599,495. The trade was a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 936,356 shares of company stock worth $107,019,534 over the last three months. 0.80% of the stock is owned by insiders.

Key Headlines Impacting Aflac

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac continues to be viewed as a dependable income stock, supported by 44 consecutive years of dividend growth and a recently paid quarterly dividend of $0.61 per share. The “Duck Stock” Keeps Quietly Making Money for Shareholders
• Positive Sentiment: Analysts remain constructive enough to keep Aflac on the radar as a stable insurance name, with recent commentary highlighting reliable returns from dividends, buybacks, and supplemental insurance growth. 3 Insurance Stocks Hitting 52-Week Highs With More Room to Run
• Neutral Sentiment: Recent market coverage describes Aflac as a steady, low-volatility insurer, but also suggests the stock’s quality may already be fairly priced in, limiting near-term upside. 4 Stocks Making New Highs Despite Market Weakness
• Negative Sentiment: Post Holdings Co. Ltd. Japan has continued trimming its Aflac stake through a series of insider sales in June, which may create some investor concern even though the trades were disclosed under a 10b5-1 plan. SEC Filing

Aflac Stock Down 0.2%

AFL opened at $117.56 on Monday. The stock has a market capitalization of $59.83 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 2.06 and a beta of 0.61. The company has a fifty day moving average of $114.68 and a two-hundred day moving average of $112.01. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11. Aflac Incorporated has a fifty-two week low of $96.95 and a fifty-two week high of $119.81.

Aflac (NYSE:AFL) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). The company had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Aflac had a return on equity of 13.88% and a net margin of 25.60%.The firm’s revenue for the quarter was up 27.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.66 EPS. On average, research analysts expect that Aflac Incorporated will post 7.08 earnings per share for the current year.

Aflac Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac’s payout ratio is currently 27.70%.

About Aflac

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.