Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock in a transaction on 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 sale, the insider directly owned 51,116,235 shares of the company’s stock, valued at $5,980,599,495. This trade represents a 0.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Tuesday, June 9th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were 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 shares were 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 shares were sold at an average price of $112.53, for a total transaction 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 transaction 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 transaction 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 transaction 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 transaction of $2,106,540.00.
Aflac Stock Up 1.0%
Aflac stock opened at $117.56 on Friday. The company has a market capitalization of $59.84 billion, a P/E ratio of 13.34, a P/E/G ratio of 2.06 and a beta of 0.61. The firm’s fifty day simple moving average is $114.68 and its 200-day simple moving average is $111.99. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac Incorporated has a 1-year low of $96.95 and a 1-year high of $119.81.
Aflac Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.61 per share. 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 dividend payout ratio (DPR) is currently 27.70%.
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
Wall Street Analysts Forecast Growth
AFL has been the topic of a number of recent research reports. Weiss Ratings downgraded shares of Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 29th. Evercore upgraded shares of Aflac from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, April 9th. Barclays set a $99.00 price target on shares of Aflac and gave the company an “underweight” rating in a report on Thursday, April 30th. Piper Sandler restated an “overweight” rating and set a $130.00 price target (up from $125.00) on shares of Aflac in a report on Tuesday, May 26th. Finally, Morgan Stanley lifted their target price on shares of Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $112.27.
Get Our Latest Stock Report on Aflac
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new position in Aflac in the 1st quarter worth $25,000. Groupe la Francaise bought a new position in Aflac in the 1st quarter worth $25,000. Quarry LP bought a new position in Aflac in the 4th quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new position in Aflac in the 4th quarter worth $29,000. Finally, Evergreen Advisors LLC bought a new position in Aflac in the 1st quarter worth $29,000. Institutional investors own 67.44% of the company’s stock.
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.
See Also
- Five stocks we like better than Aflac
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for Aflac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aflac and related companies with MarketBeat.com's FREE daily email newsletter.
