Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 53,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $117.74, for a total value of $6,240,220.00. Following the transaction, the insider owned 51,014,735 shares of the company’s stock, valued at $6,006,474,898.90. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Tuesday, June 16th, Post Holdings Co. Ltd. Japan sold 30,000 shares of Aflac stock. The stock was sold at an average price of $117.39, for a total value of $3,521,700.00.
- On Monday, June 15th, Post Holdings Co. Ltd. Japan sold 28,800 shares of Aflac stock. The shares were sold at an average price of $117.17, for a total value of $3,374,496.00.
- On Thursday, June 11th, Post Holdings Co. Ltd. Japan sold 48,500 shares of Aflac stock. The shares were sold at an average price of $117.20, for a total transaction of $5,684,200.00.
- On Wednesday, June 10th, Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock. The shares were sold at an average price of $117.00, for a total transaction of $3,100,500.00.
- On Tuesday, June 9th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The stock was sold at an average price of $115.43, for a total transaction of $1,477,504.00.
- On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The shares were sold at an average price of $116.05, for a total transaction of $1,613,095.00.
- On Friday, June 5th, Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock. The shares were sold at an average price of $118.12, for a total transaction of $7,441,560.00.
- On Wednesday, June 3rd, Post Holdings Co. Ltd. Japan sold 16,300 shares of Aflac stock. The shares were sold at an average price of $115.19, for a total transaction of $1,877,597.00.
- On Tuesday, June 2nd, Post Holdings Co. Ltd. Japan sold 9,750 shares of Aflac stock. The stock was sold at an average price of $113.39, for a total transaction of $1,105,552.50.
- On Monday, June 1st, Post Holdings Co. Ltd. Japan sold 9,060 shares of Aflac stock. The stock was sold at an average price of $112.53, for a total transaction of $1,019,521.80.
Aflac Stock Down 0.6%
Shares of NYSE AFL opened at $115.50 on Friday. The firm’s 50-day moving average price is $115.17 and its 200-day moving average price is $112.17. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $58.79 billion, a price-to-earnings ratio of 13.11, a P/E/G ratio of 2.04 and a beta of 0.61. Aflac Incorporated has a 12-month low of $96.95 and a 12-month high of $119.81.
Aflac Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were issued a $0.61 dividend. The ex-dividend date 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 27.70%.
Analysts Set New Price Targets
AFL has been the topic of several analyst reports. UBS Group cut their target price on Aflac from $116.00 to $114.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Wells Fargo & Company lowered their price target on Aflac from $116.00 to $111.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 5th. 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. Barclays set a $99.00 price objective on shares of Aflac and gave the company an “underweight” rating in a research report on Thursday, April 30th. Finally, Mizuho set a $104.00 target price on shares of Aflac in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $112.27.
Check Out Our Latest Stock Analysis on Aflac
Hedge Funds Weigh In On Aflac
Several hedge funds have recently bought and sold shares of the business. DNB Asset Management AS increased its holdings in shares of Aflac by 51.3% in the fourth quarter. DNB Asset Management AS now owns 168,003 shares of the financial services provider’s stock valued at $18,526,000 after purchasing an additional 56,975 shares during the period. BIP Wealth LLC boosted its holdings in Aflac by 348.3% in the fourth quarter. BIP Wealth LLC now owns 55,723 shares of the financial services provider’s stock valued at $6,145,000 after purchasing an additional 43,293 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Aflac during the 4th quarter worth about $3,743,000. Nordea Investment Management AB grew its position in Aflac by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 1,866,471 shares of the financial services provider’s stock worth $206,712,000 after purchasing an additional 97,766 shares during the period. Finally, Dorato Capital Management purchased a new position in shares of Aflac during the 4th quarter valued at about $20,865,000. Institutional investors own 67.44% of the company’s stock.
Aflac Company 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.
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