Post Holdings Co. Ltd. Japan Sells 16,300 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 16,300 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $115.19, for a total value of $1,877,597.00. Following the completion of the transaction, the insider owned 51,248,735 shares of the company’s stock, valued at $5,903,341,784.65. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more 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 2nd, Post Holdings Co. Ltd. Japan sold 9,750 shares of Aflac stock. The shares were sold at an average price of $113.39, for a total value of $1,105,552.50.
  • On Monday, June 1st, Post Holdings Co. Ltd. Japan sold 9,060 shares of Aflac stock. The shares were sold at an average price of $112.53, for a total value of $1,019,521.80.
  • On Friday, May 29th, Post Holdings Co. Ltd. Japan sold 9,200 shares of Aflac stock. The shares were sold at an average price of $112.75, for a total value of $1,037,300.00.
  • On Thursday, May 28th, Post Holdings Co. Ltd. Japan sold 9,100 shares of Aflac stock. The shares were sold at an average price of $113.22, for a total value of $1,030,302.00.
  • On Wednesday, May 27th, Post Holdings Co. Ltd. Japan sold 11,400 shares of Aflac stock. The shares were sold at an average price of $115.50, for a total value of $1,316,700.00.
  • On Tuesday, May 26th, Post Holdings Co. Ltd. Japan sold 18,000 shares of Aflac stock. The shares were sold at an average price of $117.03, for a total value of $2,106,540.00.
  • On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The shares were sold at an average price of $117.78, for a total value of $3,662,958.00.
  • On Thursday, May 21st, Post Holdings Co. Ltd. Japan sold 30,400 shares of Aflac stock. The shares were sold at an average price of $117.61, for a total value of $3,575,344.00.
  • On Wednesday, May 20th, Post Holdings Co. Ltd. Japan sold 31,600 shares of Aflac stock. The shares were sold at an average price of $117.66, for a total value of $3,718,056.00.
  • On Tuesday, May 19th, Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock. The shares were sold at an average price of $118.80, for a total value of $5,940,000.00.

Aflac Trading Up 2.7%

AFL opened at $118.37 on Friday. The business has a 50 day simple moving average of $113.89 and a two-hundred day simple moving average of $111.80. The firm has a market capitalization of $60.25 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 2.07 and a beta of 0.61. The company has a debt-to-equity ratio of 0.26, 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 $119.81.

Aflac (NYSE:AFLGet Free Report) last released its quarterly 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). Aflac had a net margin of 25.60% and a return on equity of 13.88%. The business had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the company earned $1.66 EPS. The company’s revenue for the quarter was up 27.9% on a year-over-year basis. Analysts predict that Aflac Incorporated will post 7.08 EPS for the current year.

Aflac Announces Dividend

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

Institutional Trading of Aflac

Several institutional investors have recently added to or reduced their stakes in AFL. Vanguard Group Inc. boosted its stake in Aflac by 13.4% during the 4th quarter. Vanguard Group Inc. now owns 57,142,072 shares of the financial services provider’s stock valued at $6,301,056,000 after purchasing an additional 6,759,169 shares during the last quarter. Norges Bank purchased a new stake in Aflac during the 4th quarter valued at $420,078,000. First Trust Advisors LP boosted its stake in Aflac by 161.9% during the 1st quarter. First Trust Advisors LP now owns 3,184,801 shares of the financial services provider’s stock valued at $349,405,000 after purchasing an additional 1,968,738 shares during the last quarter. AQR Capital Management LLC boosted its stake in Aflac by 1,184.5% during the 3rd quarter. AQR Capital Management LLC now owns 1,264,090 shares of the financial services provider’s stock valued at $141,199,000 after purchasing an additional 1,165,676 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Aflac by 390.7% during the 4th quarter. Marshall Wace LLP now owns 1,111,711 shares of the financial services provider’s stock valued at $122,588,000 after purchasing an additional 885,141 shares during the last quarter. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on AFL. Wells Fargo & Company decreased their target price 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. Piper Sandler restated an “overweight” rating and issued a $130.00 price target (up from $125.00) on shares of Aflac in a research note on Tuesday, May 26th. Weiss Ratings downgraded Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 29th. UBS Group cut their price target on Aflac from $116.00 to $114.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Finally, Evercore upgraded Aflac from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $112.27.

Read Our Latest Research Report on AFL

Aflac Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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