Post Holdings Co. Ltd. Japan Sells 14,200 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 14,200 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $107.03, for a total value of $1,519,826.00. Following the completion of the sale, the insider directly owned 52,018,600 shares in the company, valued at $5,567,550,758. This represents a 0.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% 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, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $106.78, for a total transaction of $1,601,700.00.
  • On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The stock was sold at an average price of $106.47, for a total transaction of $1,788,696.00.
  • On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The stock was sold at an average price of $107.41, for a total transaction of $1,084,841.00.
  • On Wednesday, March 18th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The shares were sold at an average price of $108.43, for a total transaction of $1,322,846.00.
  • On Tuesday, March 17th, Post Holdings Co. Ltd. Japan sold 15,700 shares of Aflac stock. The shares were sold at an average price of $109.77, for a total transaction of $1,723,389.00.
  • On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The stock was sold at an average price of $109.14, for a total transaction of $1,899,036.00.
  • On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were sold at an average price of $109.60, for a total transaction of $1,961,840.00.
  • On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The shares were sold at an average price of $109.53, for a total value of $1,982,493.00.
  • On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The stock was sold at an average price of $110.47, for a total value of $2,098,930.00.
  • On Monday, March 9th, Post Holdings Co. Ltd. Japan sold 17,300 shares of Aflac stock. The stock was sold at an average price of $109.62, for a total value of $1,896,426.00.

Aflac Stock Up 0.1%

AFL opened at $106.50 on Monday. The stock’s 50 day moving average price is $111.13 and its 200 day moving average price is $110.38. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market cap of $54.87 billion, a P/E ratio of 15.48, a P/E/G ratio of 3.49 and a beta of 0.66. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.32.

Aflac (NYSE:AFLGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.12). Aflac had a return on equity of 14.35% and a net margin of 21.24%.The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.45 billion. During the same quarter last year, the firm posted $1.57 EPS. The company’s revenue was down 9.6% compared to the same quarter last year. As a group, research analysts predict that Aflac Incorporated will post 6.88 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AFL shares. Barclays set a $101.00 target price on shares of Aflac and gave the company an “underweight” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. upped their price target on shares of Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Morgan Stanley set a $120.00 price objective on shares of Aflac in a report on Monday, December 15th. TD Cowen reiterated a “hold” rating on shares of Aflac in a research note on Monday, December 22nd. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aflac in a report on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $112.00.

Read Our Latest Research Report on AFL

More Aflac News

Here are the key news stories impacting Aflac this week:

Institutional Trading of Aflac

Hedge funds and other institutional investors have recently made changes to their positions in the business. True Wealth Design LLC boosted its holdings in Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock worth $25,000 after buying an additional 147 shares in the last quarter. Quarry LP bought a new position in shares of Aflac in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Aflac during the 4th quarter valued at $29,000. Navalign LLC acquired a new stake in shares of Aflac during the 4th quarter valued at $32,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Aflac during the 2nd quarter worth $33,000. 67.44% of the stock is currently owned by institutional investors.

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.

Further Reading

Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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