Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 48,500 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $117.20, for a total value of $5,684,200.00. Following the completion of the sale, the insider owned 51,067,735 shares of the company’s stock, valued at $5,985,138,542. The trade was a 0.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 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 Tuesday, June 9th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.43, for a total value of $1,477,504.00.
- 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 shares were 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 shares were sold at an average price of $115.50, for a total value of $1,316,700.00.
Aflac Trading Down 0.4%
Shares of AFL stock traded down $0.50 during trading hours on Monday, reaching $117.30. The company’s stock had a trading volume of 383,494 shares, compared to its average volume of 2,365,999. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.81. The stock has a market capitalization of $59.71 billion, a P/E ratio of 13.31, a P/E/G ratio of 2.06 and a beta of 0.61. The firm’s fifty day simple moving average is $114.68 and its 200 day simple moving average is $112.01.
Aflac Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 20th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, May 20th. Aflac’s dividend payout ratio is currently 27.70%.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on AFL shares. Wall Street Zen upgraded Aflac from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Evercore upgraded Aflac from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, April 9th. Piper Sandler restated an “overweight” rating and set a $130.00 target price (up from $125.00) on shares of Aflac in a report on Tuesday, May 26th. Mizuho set a $104.00 target price on Aflac in a report on Monday, May 4th. Finally, Weiss Ratings downgraded Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $112.27.
View Our Latest Stock Analysis on AFL
Institutional Investors Weigh In On Aflac
Hedge funds have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Aflac during the fourth quarter valued at approximately $25,000. Groupe la Francaise bought a new stake in Aflac in the first quarter worth $25,000. Whipplewood Advisors LLC purchased a new stake in shares of Aflac in the first quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Aflac during the 4th quarter valued at about $29,000. Finally, Evergreen Advisors LLC bought a new stake in shares of Aflac during the first quarter valued at approximately $29,000. 67.44% of the stock is currently owned by institutional investors.
About Aflac
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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