Shares of AFLAC Incorporated (NYSE:AFL) hit a new 52-week low during trading on Monday . The stock traded as low as $44.53 and last traded at $44.55, with a volume of 1476812 shares trading hands. The stock had previously closed at $45.24.
Several analysts have commented on AFL shares. Janney Montgomery Scott restated a “buy” rating on shares of AFLAC in a research note on Tuesday, January 16th. Wells Fargo set a $42.00 price objective on shares of AFLAC and gave the company a “hold” rating in a research note on Friday, December 1st. ValuEngine cut shares of AFLAC from a “buy” rating to a “hold” rating in a research note on Monday. Zacks Investment Research upgraded shares of AFLAC from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Finally, UBS started coverage on shares of AFLAC in a research note on Friday, March 2nd. They set a “neutral” rating and a $49.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $42.48.
The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.22. The company has a market cap of $35,262.41, a P/E ratio of 4.13, a PEG ratio of 2.36 and a beta of 0.96.
AFLAC (NYSE:AFL) last posted its earnings results on Wednesday, January 31st. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. The firm had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the business posted $0.72 EPS. The business’s revenue was down 8.9% compared to the same quarter last year. equities research analysts predict that AFLAC Incorporated will post 7.68 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Wednesday, February 21st were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Tuesday, February 20th. AFLAC’s dividend payout ratio is currently 18.89%.
In other AFLAC news, insider June P. Howard sold 2,648 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $90.33, for a total transaction of $239,193.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Audrey B. Tillman sold 2,360 shares of the company’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $87.64, for a total transaction of $206,830.40. Following the transaction, the insider now owns 39,331 shares of the company’s stock, valued at $3,446,968.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 43,921 shares of company stock valued at $3,913,315. Company insiders own 3.00% of the company’s stock.
Large investors have recently bought and sold shares of the business. SeaCrest Wealth Management LLC acquired a new position in AFLAC during the fourth quarter worth $101,000. Omnia Family Wealth LLC raised its position in AFLAC by 261.9% during the fourth quarter. Omnia Family Wealth LLC now owns 1,245 shares of the financial services provider’s stock worth $109,000 after acquiring an additional 901 shares during the period. San Francisco Sentry Investment Group CA raised its position in AFLAC by 4,338.7% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 1,345 shares during the period. Advisors Preferred LLC acquired a new position in AFLAC during the fourth quarter worth $121,000. Finally, Legacy Advisors LLC raised its position in AFLAC by 921.5% during the fourth quarter. Legacy Advisors LLC now owns 1,471 shares of the financial services provider’s stock worth $129,000 after acquiring an additional 1,327 shares during the period. Institutional investors own 68.72% of the company’s stock.
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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