Kohmann Bosshard Financial Services LLC Buys Shares of 801 Aflac Incorporated (NYSE:AFL)

Kohmann Bosshard Financial Services LLC purchased a new position in shares of Aflac Incorporated (NYSE:AFL) in the fourth quarter, Holdings Channel.com reports. The fund purchased 801 shares of the financial services provider’s stock, valued at approximately $83,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Aflac by 6.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,694,511 shares of the financial services provider’s stock valued at $524,846,000 after acquiring an additional 281,148 shares during the last quarter. Guinness Asset Management LTD boosted its stake in shares of Aflac by 5.2% in the 4th quarter. Guinness Asset Management LTD now owns 2,395,045 shares of the financial services provider’s stock valued at $247,682,000 after purchasing an additional 118,720 shares in the last quarter. National Pension Service increased its position in Aflac by 8.9% during the 3rd quarter. National Pension Service now owns 1,662,514 shares of the financial services provider’s stock worth $185,869,000 after purchasing an additional 136,238 shares in the last quarter. Assetmark Inc. increased its position in Aflac by 0.7% during the 3rd quarter. Assetmark Inc. now owns 1,584,552 shares of the financial services provider’s stock worth $177,153,000 after purchasing an additional 10,487 shares in the last quarter. Finally, Barclays PLC lifted its stake in Aflac by 10.1% in the 3rd quarter. Barclays PLC now owns 1,391,127 shares of the financial services provider’s stock valued at $155,529,000 after purchasing an additional 127,911 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors.

Aflac Stock Performance

Shares of Aflac stock opened at $109.46 on Monday. The company has a market cap of $60.81 billion, a P/E ratio of 11.40, a PEG ratio of 3.24 and a beta of 0.99. The company has a current ratio of 0.10, a quick ratio of 0.08 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $104.56 and a two-hundred day moving average price of $107.60. Aflac Incorporated has a 1-year low of $78.62 and a 1-year high of $115.50.

Aflac (NYSE:AFL) last released its earnings results on Wednesday, February 5th. The financial services provider reported $1.56 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.07). Aflac had a return on equity of 16.20% and a net margin of 28.76%. As a group, analysts anticipate that Aflac Incorporated will post 6.88 EPS for the current year.

Insider Activity

In related news, EVP Audrey B. Tillman sold 24,744 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $103.40, for a total transaction of $2,558,529.60. Following the transaction, the executive vice president now directly owns 222,618 shares of the company’s stock, valued at approximately $23,018,701.20. This represents a 10.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AFL has been the topic of a number of research reports. Keefe, Bruyette & Woods lowered their price target on shares of Aflac from $107.00 to $104.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th. Wells Fargo & Company lowered their price objective on Aflac from $104.00 to $102.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Morgan Stanley lifted their target price on shares of Aflac from $98.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday. Piper Sandler decreased their price target on shares of Aflac from $122.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aflac from $90.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $103.36.

About Aflac

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.