Criterion Capital Advisors LLC Takes Position in Aflac Incorporated (NYSE:AFL)

Criterion Capital Advisors LLC bought a new stake in Aflac Incorporated (NYSE:AFLFree Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 400 shares of the financial services provider’s stock, valued at approximately $33,000.

Several other large investors also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Aflac by 0.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 53,085 shares of the financial services provider’s stock valued at $4,380,000 after purchasing an additional 497 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in Aflac by 55.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 9,620 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 3,413 shares during the last quarter. Lindbrook Capital LLC boosted its stake in Aflac by 39.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,489 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 418 shares during the last quarter. abrdn plc boosted its stake in Aflac by 51.2% during the 4th quarter. abrdn plc now owns 298,226 shares of the financial services provider’s stock valued at $24,604,000 after purchasing an additional 100,937 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Aflac by 353.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 14,754 shares of the financial services provider’s stock valued at $1,217,000 after purchasing an additional 11,499 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AFL shares. Keefe, Bruyette & Woods lifted their price target on Aflac from $83.00 to $87.00 and gave the company a “market perform” rating in a research note on Wednesday, April 10th. UBS Group lifted their price target on Aflac from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Evercore ISI downgraded Aflac from an “in-line” rating to an “underperform” rating and lifted their price target for the company from $76.00 to $78.00 in a research note on Thursday, January 4th. Wells Fargo & Company dropped their target price on shares of Aflac from $83.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 11th. Finally, StockNews.com cut shares of Aflac from a “hold” rating to a “sell” rating in a research report on Wednesday, April 10th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $82.15.

View Our Latest Stock Analysis on AFL

Aflac Trading Up 2.8 %

NYSE:AFL opened at $83.23 on Monday. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $47.89 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 2.28 and a beta of 0.91. The firm’s 50 day moving average is $82.21 and its 200 day moving average is $81.59. Aflac Incorporated has a 12 month low of $64.10 and a 12 month high of $86.26.

Aflac (NYSE:AFLGet Free Report) last posted its quarterly earnings results on Thursday, February 1st. The financial services provider reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.22). Aflac had a return on equity of 17.59% and a net margin of 24.92%. The company had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same period last year, the firm posted $1.29 EPS. Sell-side analysts expect that Aflac Incorporated will post 6.41 earnings per share for the current year.

Insider Buying and Selling at Aflac

In other Aflac news, Director Masatoshi Koide sold 30,493 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $79.91, for a total transaction of $2,436,695.63. Following the sale, the director now owns 86,090 shares of the company’s stock, valued at approximately $6,879,451.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Aflac news, Director Thomas J. Kenny sold 5,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $84.62, for a total transaction of $423,100.00. Following the sale, the director now owns 17,920 shares of the company’s stock, valued at approximately $1,516,390.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Masatoshi Koide sold 30,493 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $79.91, for a total transaction of $2,436,695.63. Following the sale, the director now directly owns 86,090 shares in the company, valued at approximately $6,879,451.90. The disclosure for this sale can be found here. Insiders have sold 46,493 shares of company stock valued at $3,765,706 in the last 90 days. 0.90% of the stock is currently owned by company insiders.

Aflac Profile

(Free Report)

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.

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Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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