Aflac (NYSE:AFL) Major Shareholder Sells $1,527,460.00 in Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,100 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $116.60, for a total transaction of $1,527,460.00. Following the transaction, the insider owned 50,804,690 shares in the company, valued at $5,923,826,854. This represents a 0.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major 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, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The stock was sold at an average price of $118.02, for a total transaction of $1,593,270.00.
  • On Friday, August 21st, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The shares were sold at an average price of $116.28, for a total value of $1,500,012.00.
  • On Wednesday, August 19th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $117.05, for a total value of $1,486,535.00.
  • On Tuesday, August 18th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The stock was sold at an average price of $121.94, for a total value of $1,731,548.00.
  • On Monday, August 17th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The stock was sold at an average price of $121.33, for a total value of $1,686,487.00.
  • On Friday, August 14th, Post Holdings Co. Ltd. Japan sold 14,100 shares of Aflac stock. The shares were sold at an average price of $121.43, for a total value of $1,712,163.00.
  • On Thursday, August 13th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $121.09, for a total value of $1,574,170.00.
  • On Monday, June 22nd, Post Holdings Co. Ltd. Japan sold 27,845 shares of Aflac stock. The shares were sold at an average price of $116.71, for a total value of $3,249,789.95.
  • 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 value 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.

Aflac Stock Performance

Shares of Aflac stock opened at $117.53 on Thursday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $58.92 billion, a P/E ratio of 12.60, a P/E/G ratio of 1.87 and a beta of 0.60. The business has a fifty day simple moving average of $121.58 and a two-hundred day simple moving average of $116.21. Aflac Incorporated has a 12 month low of $104.66 and a 12 month high of $130.22.

Aflac (NYSE:AFLGet Free Report) last announced its earnings results on Thursday, August 6th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.01). The business had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.11 billion. Aflac had a net margin of 26.91% and a return on equity of 13.27%. The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.78 EPS. On average, equities analysts forecast that Aflac Incorporated will post 7.04 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th will be paid a dividend of $0.61 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.44 annualized dividend and a yield of 2.1%. Aflac’s payout ratio is presently 26.15%.

Analyst Ratings Changes

AFL has been the topic of a number of recent research reports. Wells Fargo & Company set a $122.00 price objective on shares of Aflac and gave the stock an “equal weight” rating in a report on Wednesday, August 19th. Morgan Stanley lifted their target price on shares of Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Wall Street Zen cut Aflac from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Barclays restated an “underweight” rating and issued a $99.00 price target (up from $98.00) on shares of Aflac in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. reduced their price objective on Aflac from $117.00 to $116.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Aflac currently has an average rating of “Hold” and an average price target of $116.62.

Read Our Latest Stock Report on Aflac

Institutional Trading of Aflac

Institutional investors have recently bought and sold shares of the company. Stephens Inc. AR raised its holdings in Aflac by 0.4% during the 4th quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider’s stock worth $2,420,000 after purchasing an additional 91 shares during the last quarter. Compound Planning Inc. raised its stake in shares of Aflac by 0.7% during the first quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider’s stock worth $1,508,000 after buying an additional 91 shares during the last quarter. Root Financial Partners LLC lifted its holdings in Aflac by 4.5% in the fourth quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider’s stock valued at $234,000 after buying an additional 92 shares during the period. CENTRAL TRUST Co boosted its stake in Aflac by 0.5% in the fourth quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider’s stock valued at $2,105,000 after acquiring an additional 95 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its holdings in Aflac by 1.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 7,702 shares of the financial services provider’s stock worth $902,000 after acquiring an additional 95 shares during the period. 67.44% of the stock is owned by hedge funds and other institutional investors.

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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