Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 27,845 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $116.71, for a total value of $3,249,789.95. Following the completion of the transaction, the insider owned 50,898,490 shares of the company’s stock, valued at $5,940,362,767.90. The trade was a 0.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 Thursday, June 18th, Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock. The stock was sold at an average price of $116.92, for a total value of $385,836.00.
- On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The stock was sold at an average price of $116.62, for a total value of $3,067,106.00.
- On Tuesday, June 16th, Post Holdings Co. Ltd. Japan sold 30,000 shares of Aflac stock. The shares were sold at an average price of $117.39, for a total value of $3,521,700.00.
- On Monday, June 15th, Post Holdings Co. Ltd. Japan sold 28,800 shares of Aflac stock. The shares were sold at an average price of $117.17, for a total value of $3,374,496.00.
- On Friday, June 12th, Post Holdings Co. Ltd. Japan sold 53,000 shares of Aflac stock. The stock was sold at an average price of $117.74, for a total value of $6,240,220.00.
- On Thursday, June 11th, Post Holdings Co. Ltd. Japan sold 48,500 shares of Aflac stock. The shares were sold at an average price of $117.20, for a total value of $5,684,200.00.
- 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 transaction of $1,477,504.00.
- On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The stock was sold at an average price of $116.05, for a total transaction of $1,613,095.00.
- On Friday, June 5th, Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock. The stock was sold at an average price of $118.12, for a total transaction of $7,441,560.00.
Aflac Trading Up 2.0%
AFL opened at $118.90 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.11 and a quick ratio of 0.11. Aflac Incorporated has a fifty-two week low of $96.95 and a fifty-two week high of $119.81. The company’s 50 day moving average price is $115.45 and its two-hundred day moving average price is $112.33. The firm has a market capitalization of $60.52 billion, a price-to-earnings ratio of 13.50, a PEG ratio of 2.04 and a beta of 0.61.
Aflac Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 20th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, May 20th. Aflac’s dividend payout ratio (DPR) is currently 27.70%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in AFL. Stephens Inc. AR raised its position in Aflac by 0.4% during the fourth quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider’s stock worth $2,420,000 after acquiring an additional 91 shares during the last quarter. Compound Planning Inc. grew its position in shares of Aflac by 0.7% in the first quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider’s stock valued at $1,508,000 after purchasing an additional 91 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Aflac by 4.5% during the 4th quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 92 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of Aflac by 0.5% during the 4th quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider’s stock worth $2,105,000 after purchasing an additional 95 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its position in shares of Aflac by 1.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 7,702 shares of the financial services provider’s stock worth $902,000 after purchasing an additional 95 shares during the last quarter. 67.44% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on AFL shares. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Wall Street Zen raised Aflac from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Keefe, Bruyette & Woods upped their target price on Aflac from $113.00 to $115.00 and gave the company a “market perform” rating in a report on Friday, April 10th. Piper Sandler reissued an “overweight” rating and set a $130.00 target price (up from $125.00) on shares of Aflac in a research report on Tuesday, May 26th. Finally, Barclays set a $99.00 price target on shares of Aflac and gave the stock an “underweight” rating in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $112.27.
Get Our Latest Stock Analysis on AFL
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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