Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $115.44, for a total value of $1,569,984.00. Following the completion of the transaction, the insider directly owned 50,639,090 shares in the company, valued at $5,845,776,549.60. This trade 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 is accessible 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 Friday, September 4th, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $117.47, for a total value of $1,762,050.00.
- On Thursday, September 3rd, Post Holdings Co. Ltd. Japan sold 20,000 shares of Aflac stock. The stock was sold at an average price of $118.49, for a total transaction of $2,369,800.00.
- On Wednesday, September 2nd, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $117.19, for a total transaction of $1,582,065.00.
- On Tuesday, September 1st, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.77, for a total transaction of $1,481,856.00.
- On Monday, August 31st, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.00, for a total transaction of $1,473,200.00.
- On Friday, August 28th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $116.52, for a total transaction of $1,514,760.00.
- On Thursday, August 27th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.67, for a total transaction of $1,481,709.00.
- On Wednesday, August 26th, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The stock was sold at an average price of $117.35, for a total value of $1,549,020.00.
- On Tuesday, August 25th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $116.49, for a total value of $1,479,423.00.
- On Monday, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $118.02, for a total value of $1,593,270.00.
Aflac Trading Down 0.3%
Shares of Aflac stock traded down $0.39 during midday trading on Thursday, reaching $114.35. 355,785 shares of the company’s stock traded hands, compared to its average volume of 2,321,016. The stock has a 50 day moving average of $121.32 and a 200-day moving average of $116.32. Aflac Incorporated has a 12 month low of $105.43 and a 12 month high of $130.22. The company has a market cap of $57.33 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 1.86 and a beta of 0.59. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12.
Aflac Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, August 19th. Aflac’s dividend payout ratio is presently 26.15%.
Institutional Investors Weigh In On Aflac
Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in Aflac by 64.4% in the fourth quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider’s stock worth $1,507,000 after purchasing an additional 5,708 shares during the period. Bison Wealth LLC boosted its position in shares of Aflac by 4.3% in the 4th quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider’s stock worth $455,000 after purchasing an additional 183 shares in the last quarter. WINTON GROUP Ltd bought a new stake in shares of Aflac in the 2nd quarter worth approximately $280,000. Sei Investments Co. grew its stake in shares of Aflac by 11.2% in the 2nd quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider’s stock worth $15,854,000 after buying an additional 15,105 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of Aflac by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider’s stock worth $1,261,000 after buying an additional 192 shares during the last quarter. Institutional investors own 67.44% of the company’s stock.
Analyst Ratings Changes
Several research firms have weighed in on AFL. TD Cowen reaffirmed a “hold” rating and set a $110.00 price objective (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Piper Sandler reissued an “overweight” rating and issued a $138.00 target price (up from $130.00) on shares of Aflac in a research report on Monday, August 10th. Wolfe Research began coverage on Aflac in a research note on Wednesday, August 19th. They issued an “underperform” rating and a $103.00 target price for the company. JPMorgan Chase & Co. dropped their price target on Aflac from $117.00 to $116.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Finally, Wells Fargo & Company set a $122.00 price target on Aflac and gave the stock an “equal weight” rating in a research note on Wednesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Aflac currently has a consensus rating of “Hold” and a consensus price target of $116.62.
Get Our Latest Analysis on Aflac
About Aflac
Aflac Incorporated is an insurance company that provides supplemental health and life insurance products. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with accidents, illness, hospitalization, disability and critical illness.
Through its U.S. operations, Aflac markets policies to individuals, businesses and employees through workplace benefit programs, independent agents and brokers. The company is also a major provider of supplemental insurance in Japan, where it offers products focused primarily on cancer, medical and income-support coverage.
Founded in 1955 in Columbus, Georgia, as American Family Life Assurance Company, the business adopted the name Aflac in 1990.
Featured Stories
- Five stocks we like better than Aflac
- GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Why Braze’s Guidance Miss May Be a Gift for Investors
- This Corner of the Market Is Outperforming the Benchmark—And It’s Not AI
- Victoria’s Secret’s Comeback Is Real—The Stock’s Problem Is Different
Receive News & Ratings for Aflac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aflac and related companies with MarketBeat.com's FREE daily email newsletter.
