Post Holdings Co. Ltd. Japan Sells 27,845 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 27,845 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $116.71, for a total value of $3,249,789.95. Following the completion of the sale, the insider directly owned 50,898,490 shares in the company, valued at $5,940,362,767.90. This represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a document filed 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. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Post Holdings Co. Ltd. Japan also recently made the following trade(s):

  • On Thursday, June 18th, Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock. The stock was sold at an average price of $116.92, for a total transaction of $385,836.00.
  • On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The stock was sold at an average price of $116.62, for a total value of $3,067,106.00.
  • 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 transaction of $3,374,496.00.
  • On Friday, June 12th, Post Holdings Co. Ltd. Japan sold 53,000 shares of Aflac stock. The shares were sold at an average price of $117.74, for a total transaction of $6,240,220.00.
  • 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 value of $5,684,200.00.
  • On Wednesday, June 10th, Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock. The stock was sold at an average price of $117.00, for a total value 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 value of $1,613,095.00.
  • On Friday, June 5th, Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock. The stock was sold at an average price of $118.12, for a total value of $7,441,560.00.

Aflac Price Performance

NYSE AFL opened at $117.64 on Thursday. The stock’s 50-day moving average price is $115.56 and its two-hundred day moving average price is $112.39. 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 company has a market cap of $59.87 billion, a PE ratio of 13.35, a PEG ratio of 2.08 and a beta of 0.61. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81.

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

Aflac Dividend Announcement

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

Institutional Investors Weigh In On Aflac

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Aflac by 13.4% in the fourth quarter. Vanguard Group Inc. now owns 57,142,072 shares of the financial services provider’s stock worth $6,301,056,000 after purchasing an additional 6,759,169 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Aflac by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 4,550,855 shares of the financial services provider’s stock worth $499,216,000 after buying an additional 67,650 shares during the last quarter. Legal & General Group Plc raised its holdings in Aflac by 0.3% during the third quarter. Legal & General Group Plc now owns 3,926,777 shares of the financial services provider’s stock valued at $438,621,000 after buying an additional 13,666 shares in the last quarter. Norges Bank bought a new position in Aflac during the fourth quarter valued at about $420,078,000. Finally, Amundi lifted its position in shares of Aflac by 22.6% in the first quarter. Amundi now owns 3,268,209 shares of the financial services provider’s stock worth $358,555,000 after buying an additional 603,426 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

AFL has been the topic of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. UBS Group cut their price objective on Aflac from $116.00 to $114.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Mizuho set a $104.00 price objective on Aflac in a research report on Monday, May 4th. Weiss Ratings upgraded Aflac from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Finally, Morgan Stanley upped their target price on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $112.27.

Get 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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