Post Holdings Co. Ltd. Japan Sells 3,300 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 3,300 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $116.92, for a total value of $385,836.00. Following the transaction, the insider directly owned 50,926,335 shares in the company, valued at $5,954,307,088.20. This represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 stock are required to disclose their sales and purchases with the SEC.

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

  • On Monday, June 22nd, Post Holdings Co. Ltd. Japan sold 27,845 shares of Aflac stock. The stock was sold at an average price of $116.71, for a total value of $3,249,789.95.
  • On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The shares were 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 shares were sold at an average price of $117.39, for a total transaction of $3,521,700.00.
  • On Monday, June 15th, Post Holdings Co. Ltd. Japan sold 28,800 shares of Aflac stock. The stock was 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 stock was 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 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.

Aflac Trading Down 1.0%

NYSE:AFL opened at $117.64 on Thursday. The company has a market cap of $59.87 billion, a P/E ratio of 13.35, a P/E/G ratio of 2.08 and a beta of 0.61. The stock’s fifty day moving average price is $115.56 and its two-hundred day moving average price is $112.39. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81. 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 (NYSE:AFLGet Free Report) last posted 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). The company had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.20 billion. Aflac had a return on equity of 13.88% and a net margin of 25.60%.Aflac’s revenue was up 27.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.66 earnings per share. As a group, analysts expect that Aflac Incorporated will post 7.08 EPS for the current year.

Aflac Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AFL. 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. Evercore raised shares of Aflac from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Wall Street Zen raised shares of Aflac from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Keefe, Bruyette & Woods increased their target price 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. Finally, Weiss Ratings raised shares of Aflac from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Aflac has a consensus rating of “Hold” and a consensus price target of $112.27.

Read Our Latest Report on AFL

Institutional Trading of Aflac

A number of large investors have recently modified their holdings of AFL. DNB Asset Management AS raised its position in Aflac by 51.3% during 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 in the last quarter. BIP Wealth LLC boosted its holdings in shares of Aflac by 348.3% in the 4th quarter. BIP Wealth LLC now owns 55,723 shares of the financial services provider’s stock worth $6,145,000 after purchasing an additional 43,293 shares in the last quarter. Employees Retirement System of Texas purchased a new position in shares of Aflac in the 4th quarter worth about $3,743,000. Nordea Investment Management AB increased its position in shares of 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 valued at $206,712,000 after purchasing an additional 97,766 shares during the last quarter. Finally, Dorato Capital Management bought 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

(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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