Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 20,000 shares of Aflac stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $118.49, for a total transaction of $2,369,800.00. Following the transaction, the insider directly owned 50,667,690 shares in the company, valued at $6,003,614,588.10. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company’s shares 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 transaction of $1,762,050.00.
- 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 stock was 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 shares were sold at an average price of $116.67, for a total value of $1,481,709.00.
- On Wednesday, August 26th, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The shares were 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 stock was 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.
- On Friday, August 21st, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The shares were sold at an average price of $116.28, for a total value of $1,500,012.00.
Aflac Price Performance
AFL opened at $114.79 on Thursday. The stock’s 50 day simple moving average is $121.32 and its 200 day simple moving average is $116.32. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.12 and a quick ratio of 0.12. Aflac Incorporated has a 1 year low of $105.43 and a 1 year high of $130.22. The firm has a market cap of $57.55 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.86 and a beta of 0.59.
Aflac Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, August 19th. Aflac’s dividend payout ratio is currently 26.15%.
Trending Headlines about Aflac
Here are the key news stories impacting Aflac this week:
- Positive Sentiment: Aflac said its more than 30-year commitment to childhood cancer and sickle cell disease support has surpassed $200 million in contributions. The milestone strengthens the company’s brand and corporate reputation, although it is unlikely to have a material near-term effect on earnings. Aflac commemorates National Childhood Cancer and Sickle Cell Disease Awareness Month
- Neutral Sentiment: Aflac’s latest quarterly results were mixed: revenue of $4.22 billion exceeded estimates, but earnings per share of $1.75 narrowly missed forecasts and declined from $1.78 a year earlier. The company continues to offer a $0.61 quarterly dividend, or $2.44 annually, with a yield of roughly 2.1%.
- Negative Sentiment: Japan Post Holdings, a major Aflac shareholder, disclosed additional sales of 15,000 shares for approximately $1.76 million after selling 20,000 shares for about $2.37 million in an earlier transaction. The sales were conducted under a pre-arranged Rule 10b5-1 plan and reduced its stake by only 0.03%–0.04%, limiting the fundamental significance but potentially weighing on sentiment. Major AFLAC Stakeholder Quietly Executes Multi-Million Dollar Move
- Negative Sentiment: An analysis argued that Aflac remains a consistent compounder but is fully valued, potentially limiting upside from current levels. Analyst views are mixed, with a consensus “Hold” rating and an average price target near $116.62. Aflac: Scrooge Keeps Compounding, But The Stock Is Fully Valued
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on AFL shares. Jefferies Financial Group reissued a “hold” rating and issued a $108.00 price target (up from $100.00) on shares of Aflac in a report on Friday, July 10th. Morgan Stanley upped their price objective on shares of Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Wall Street Zen lowered shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. TD Cowen reissued a “hold” rating and issued a $110.00 target price (up from $101.00) on shares of Aflac in a research note on Wednesday, July 22nd. Finally, Mizuho set a $116.00 price target on Aflac in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $116.62.
Read Our Latest Analysis on Aflac
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in AFL. Tidal Investments LLC boosted its stake in shares of Aflac by 137.4% during the 2nd quarter. Tidal Investments LLC now owns 40,904 shares of the financial services provider’s stock valued at $4,796,000 after purchasing an additional 23,677 shares in the last quarter. MCF Advisors LLC raised its stake in Aflac by 45.0% in the second quarter. MCF Advisors LLC now owns 377 shares of the financial services provider’s stock worth $44,000 after buying an additional 117 shares in the last quarter. Cidel Asset Management Inc. lifted its holdings in Aflac by 2.5% in the second quarter. Cidel Asset Management Inc. now owns 4,950 shares of the financial services provider’s stock worth $580,000 after buying an additional 122 shares during the period. NorthRock Partners LLC lifted its holdings in Aflac by 18.2% in the second quarter. NorthRock Partners LLC now owns 2,174 shares of the financial services provider’s stock worth $255,000 after buying an additional 334 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in Aflac by 1.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,756 shares of the financial services provider’s stock valued at $4,192,000 after acquiring an additional 520 shares in the last quarter. 67.44% of the stock is owned by hedge funds and other institutional investors.
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.
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