First Command Advisory Services Inc. Sells 157 Shares of Aflac Incorporated (NYSE:AFL)

First Command Advisory Services Inc. decreased its holdings in Aflac Incorporated (NYSE:AFL) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,717 shares of the financial services provider’s stock after selling 157 shares during the period. First Command Advisory Services Inc.’s holdings in Aflac were worth $281,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC bought a new stake in shares of Aflac in the fourth quarter worth approximately $192,000. Mn Services Vermogensbeheer B.V. boosted its holdings in Aflac by 2.0% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 218,200 shares of the financial services provider’s stock worth $22,571,000 after purchasing an additional 4,200 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in Aflac in the 4th quarter worth approximately $26,000. Checchi Capital Advisers LLC raised its stake in Aflac by 1.7% during the 4th quarter. Checchi Capital Advisers LLC now owns 7,080 shares of the financial services provider’s stock valued at $732,000 after buying an additional 115 shares during the last quarter. Finally, Denali Advisors LLC lifted its holdings in shares of Aflac by 149.3% during the 4th quarter. Denali Advisors LLC now owns 9,028 shares of the financial services provider’s stock valued at $934,000 after buying an additional 5,407 shares during the period. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Insider Activity

In related news, EVP Audrey B. Tillman sold 24,744 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $103.40, for a total value of $2,558,529.60. Following the sale, the executive vice president now owns 222,618 shares in the company, valued at approximately $23,018,701.20. The trade was a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on AFL shares. Piper Sandler cut their price objective on Aflac from $122.00 to $118.00 and set an “overweight” rating for the company in a report on Friday, February 7th. JPMorgan Chase & Co. upped their price target on shares of Aflac from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Truist Financial raised their price objective on shares of Aflac from $100.00 to $105.00 and gave the stock a “hold” rating in a report on Friday, November 1st. StockNews.com raised shares of Aflac from a “sell” rating to a “hold” rating in a report on Friday, February 14th. Finally, Barclays dropped their price objective on shares of Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Aflac presently has an average rating of “Hold” and an average target price of $102.86.

Aflac Trading Up 1.5 %

Aflac stock opened at $107.45 on Friday. The stock has a market cap of $59.69 billion, a P/E ratio of 11.19, a PEG ratio of 3.24 and a beta of 0.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.10 and a quick ratio of 0.08. Aflac Incorporated has a 1 year low of $78.62 and a 1 year high of $115.50. The firm’s 50 day moving average price is $104.42 and its 200-day moving average price is $107.46.

Aflac (NYSE:AFL) last released its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.07). Aflac had a net margin of 28.76% and a return on equity of 16.20%. On average, equities analysts predict that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

Aflac Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 19th will be given a dividend of $0.58 per share. The ex-dividend date is Wednesday, February 19th. This represents a $2.32 annualized dividend and a dividend yield of 2.16%. This is a boost from Aflac’s previous quarterly dividend of $0.50. Aflac’s dividend payout ratio (DPR) is presently 24.17%.

Aflac Profile

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.