AFLAC Incorporated (NYSE:AFL) Shares Acquired by Gilbert & Cook Inc.

Gilbert & Cook Inc. lifted its position in shares of AFLAC Incorporated (NYSE:AFL) by 5.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,238 shares of the financial services provider’s stock after buying an additional 223 shares during the period. Gilbert & Cook Inc.’s holdings in AFLAC were worth $222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of AFLAC by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 68,140,817 shares of the financial services provider’s stock worth $3,734,798,000 after buying an additional 557,750 shares during the last quarter. BlackRock Inc. increased its holdings in shares of AFLAC by 1.6% during the 2nd quarter. BlackRock Inc. now owns 53,864,475 shares of the financial services provider’s stock worth $2,952,313,000 after buying an additional 834,790 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of AFLAC by 1.6% during the 2nd quarter. Wells Fargo & Company MN now owns 15,382,748 shares of the financial services provider’s stock worth $843,128,000 after buying an additional 240,111 shares during the last quarter. APG Asset Management N.V. increased its holdings in shares of AFLAC by 1.6% during the 2nd quarter. APG Asset Management N.V. now owns 9,909,267 shares of the financial services provider’s stock worth $476,929,000 after buying an additional 159,900 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of AFLAC by 1.7% during the 2nd quarter. AQR Capital Management LLC now owns 8,876,888 shares of the financial services provider’s stock worth $486,542,000 after buying an additional 144,836 shares during the last quarter. Institutional investors and hedge funds own 64.68% of the company’s stock.

AFLAC stock traded down $0.01 during trading on Friday, hitting $54.14. The company had a trading volume of 1,826,377 shares, compared to its average volume of 3,200,341. AFLAC Incorporated has a 1-year low of $41.88 and a 1-year high of $57.18. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.21. The company’s 50 day simple moving average is $52.59 and its 200-day simple moving average is $52.64. The stock has a market cap of $38.86 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 3.16 and a beta of 0.71.

AFLAC (NYSE:AFL) last posted its earnings results on Thursday, October 24th. The financial services provider reported $1.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.09. AFLAC had a net margin of 13.96% and a return on equity of 12.45%. The firm had revenue of $5.54 billion during the quarter, compared to the consensus estimate of $5.52 billion. During the same quarter last year, the firm earned $1.03 EPS. The firm’s revenue for the quarter was down .7% on a year-over-year basis. As a group, analysts forecast that AFLAC Incorporated will post 4.43 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 20th will be given a $0.27 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $1.08 annualized dividend and a yield of 1.99%. AFLAC’s dividend payout ratio is presently 25.96%.

In other AFLAC news, Director Toshihiko Fukuzawa sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $52.00, for a total value of $78,000.00. Following the completion of the transaction, the director now owns 11,349 shares of the company’s stock, valued at approximately $590,148. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Karole Lloyd purchased 1,000 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was acquired at an average cost of $54.08 per share, with a total value of $54,080.00. Following the transaction, the director now directly owns 28,181 shares in the company, valued at $1,524,028.48. The disclosure for this purchase can be found here. Company insiders own 1.30% of the company’s stock.

A number of analysts have recently issued reports on AFL shares. Morgan Stanley raised their price target on shares of AFLAC from $53.00 to $54.00 and gave the stock an “equal weight” rating in a report on Friday, July 26th. UBS Group lifted their target price on shares of AFLAC from $51.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Barclays dropped their target price on shares of AFLAC from $53.00 to $49.00 and set an “equal weight” rating for the company in a report on Friday, August 23rd. ValuEngine downgraded shares of AFLAC from a “sell” rating to a “strong sell” rating in a report on Thursday, August 1st. Finally, Bank of America set a $55.00 target price on shares of AFLAC and gave the company a “hold” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $53.73.

About AFLAC

Aflac Incorporated, through its subsidiaries, provides voluntary supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.

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Institutional Ownership by Quarter for AFLAC (NYSE:AFL)

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