Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $115.43, for a total value of $1,477,504.00. Following the completion of the sale, the insider directly owned 51,142,735 shares in the company, valued at approximately $5,903,405,901.05. The trade was a 0.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Wednesday, June 10th, Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock. The shares were sold at an average price of $117.00, for a total value of $3,100,500.00.
- On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The shares were sold at an average price of $116.05, for a total value of $1,613,095.00.
- On Friday, June 5th, Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock. The shares were sold at an average price of $118.12, for a total value of $7,441,560.00.
- On Wednesday, June 3rd, Post Holdings Co. Ltd. Japan sold 16,300 shares of Aflac stock. The shares were sold at an average price of $115.19, for a total value of $1,877,597.00.
- On Tuesday, June 2nd, Post Holdings Co. Ltd. Japan sold 9,750 shares of Aflac stock. The shares were sold at an average price of $113.39, for a total value of $1,105,552.50.
- On Monday, June 1st, Post Holdings Co. Ltd. Japan sold 9,060 shares of Aflac stock. The shares were sold at an average price of $112.53, for a total value of $1,019,521.80.
- On Friday, May 29th, Post Holdings Co. Ltd. Japan sold 9,200 shares of Aflac stock. The shares were sold at an average price of $112.75, for a total value 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 value 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 value 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 value of $2,106,540.00.
Aflac Stock Performance
Shares of NYSE:AFL opened at $117.56 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.11 and a quick ratio of 0.11. The business’s 50 day moving average price is $114.68 and its 200-day moving average price is $111.99. The firm has a market capitalization of $59.83 billion, a PE ratio of 13.34, a P/E/G ratio of 2.04 and a beta of 0.61. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81.
Aflac Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were paid a $0.61 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac’s payout ratio is currently 27.70%.
Institutional Investors Weigh In On Aflac
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Whipplewood Advisors LLC purchased a new stake in Aflac in the first quarter valued at $25,000. Groupe la Francaise purchased a new stake in Aflac in the first quarter valued at $25,000. Quarry LP purchased a new stake in Aflac in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Aflac in the fourth quarter valued at $29,000. Finally, Evergreen Advisors LLC purchased a new stake in Aflac in the first quarter valued at $29,000. Hedge funds and other institutional investors own 67.44% of the company’s stock.
Key Headlines Impacting Aflac
Here are the key news stories impacting Aflac this week:
- Positive Sentiment: Aflac continues to be viewed as a dependable income stock, supported by 44 consecutive years of dividend growth and a recently paid quarterly dividend of $0.61 per share. The “Duck Stock” Keeps Quietly Making Money for Shareholders
- Positive Sentiment: Analysts remain constructive enough to keep Aflac on the radar as a stable insurance name, with recent commentary highlighting reliable returns from dividends, buybacks, and supplemental insurance growth. 3 Insurance Stocks Hitting 52-Week Highs With More Room to Run
- Neutral Sentiment: Recent market coverage describes Aflac as a steady, low-volatility insurer, but also suggests the stock’s quality may already be fairly priced in, limiting near-term upside. 4 Stocks Making New Highs Despite Market Weakness
- Negative Sentiment: Post Holdings Co. Ltd. Japan has continued trimming its Aflac stake through a series of insider sales in June, which may create some investor concern even though the trades were disclosed under a 10b5-1 plan. SEC Filing
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on AFL shares. Keefe, Bruyette & Woods lifted their price target on Aflac from $113.00 to $115.00 and gave the stock a “market perform” rating in a research note on Friday, April 10th. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Mizuho set a $104.00 price target on Aflac in a research note on Monday, May 4th. Piper Sandler reiterated an “overweight” rating and set a $130.00 price objective (up from $125.00) on shares of Aflac in a research report on Tuesday, May 26th. Finally, Wall Street Zen upgraded Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Aflac currently has a consensus rating of “Hold” and an average price target of $112.27.
View Our Latest Report on Aflac
Aflac Company Profile
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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