Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 12,800 Shares of Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,800 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $115.43, for a total transaction of $1,477,504.00. Following the completion of the sale, the insider owned 51,142,735 shares in the company, valued at approximately $5,903,405,901.05. This trade represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 stock are required to disclose their transactions with the SEC.

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

  • On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The stock was 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 stock was 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 stock was 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.
  • On Friday, May 29th, Post Holdings Co. Ltd. Japan sold 9,200 shares of Aflac stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $117.03, for a total transaction of $2,106,540.00.
  • On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The stock was sold at an average price of $117.78, for a total transaction of $3,662,958.00.

Aflac Stock Down 0.6%

Shares of AFL stock opened at $116.45 on Friday. The firm has a fifty day moving average of $114.52 and a 200-day moving average of $111.95. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac Incorporated has a 12-month low of $96.95 and a 12-month high of $119.81. The company has a market capitalization of $59.27 billion, a price-to-earnings ratio of 13.22, a P/E/G ratio of 2.05 and a beta of 0.61.

Aflac (NYSE:AFLGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.05). Aflac had a return on equity of 13.88% and a net margin of 25.60%.The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the company earned $1.66 EPS. The firm’s revenue was up 27.9% on a year-over-year basis. As a group, equities research analysts predict that Aflac Incorporated will post 7.08 earnings per share for the current fiscal year.

Aflac Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were given a dividend of $0.61 per share. 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%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded shares of Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 29th. Mizuho set a $104.00 target price on shares of Aflac in a research report on Monday, May 4th. Barclays set a $99.00 target price on shares of Aflac and gave the company an “underweight” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley raised their target price on shares of Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $112.27.

Read Our Latest Analysis on Aflac

Trending Headlines about Aflac

Here are the key news stories impacting Aflac this week:

  • Positive Sentiment: Aflac continues to be highlighted as a dependable “duck stock,” with articles emphasizing its ability to quietly generate shareholder returns through dividends, buybacks, and growth in supplemental insurance products. The “Duck Stock” Keeps Quietly Making Money for Shareholders
  • Positive Sentiment: The company recently paid a quarterly dividend of $0.61 per share, underscoring its appeal for income-focused investors with an annualized yield around 2.1% and a relatively modest payout ratio.
  • Neutral Sentiment: Analysts remain mixed, with a consensus rating of “Hold,” though some firms have lifted price targets and others see Aflac as a stable insurance name with limited near-term upside. 4 Stocks Making New Highs Despite Market Weakness
  • Negative Sentiment: Major shareholder Post Holdings Co. Ltd. Japan has continued trimming its Aflac stake through a series of sales, including recent transactions on June 5 and June 8, which can create some investor caution even though the trades were made under a pre-arranged Rule 10b5-1 plan. SEC Filing

Institutional Trading of Aflac

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake 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 valued at $6,301,056,000 after acquiring an additional 6,759,169 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Aflac by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 4,550,855 shares of the financial services provider’s stock valued at $499,216,000 after acquiring an additional 67,650 shares during the last quarter. Legal & General Group Plc lifted its stake in Aflac by 0.3% in 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 acquiring an additional 13,666 shares during the last quarter. Norges Bank acquired a new stake in Aflac in the fourth quarter valued at $420,078,000. Finally, Amundi lifted its stake in Aflac by 22.6% in the first quarter. Amundi now owns 3,268,209 shares of the financial services provider’s stock valued at $358,555,000 after acquiring an additional 603,426 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company’s stock.

About Aflac

(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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