Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 30,400 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $117.61, for a total value of $3,575,344.00. Following the sale, the insider owned 51,362,645 shares in the company, valued at approximately $6,040,760,678.45. This trade represents a 0.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The stock was sold at an average price of $117.78, for a total transaction of $3,662,958.00.
- On Wednesday, May 20th, Post Holdings Co. Ltd. Japan sold 31,600 shares of Aflac stock. The stock was sold at an average price of $117.66, for a total transaction of $3,718,056.00.
- On Tuesday, May 19th, Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock. The stock was sold at an average price of $118.80, for a total transaction of $5,940,000.00.
- On Monday, May 18th, Post Holdings Co. Ltd. Japan sold 41,700 shares of Aflac stock. The stock was sold at an average price of $118.45, for a total transaction of $4,939,365.00.
- On Friday, May 15th, Post Holdings Co. Ltd. Japan sold 23,500 shares of Aflac stock. The stock was sold at an average price of $116.85, for a total transaction of $2,745,975.00.
- On Thursday, May 14th, Post Holdings Co. Ltd. Japan sold 24,500 shares of Aflac stock. The stock was sold at an average price of $116.42, for a total transaction of $2,852,290.00.
- On Wednesday, May 13th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The stock was sold at an average price of $115.36, for a total transaction of $2,791,712.00.
- On Tuesday, May 12th, Post Holdings Co. Ltd. Japan sold 24,300 shares of Aflac stock. The stock was sold at an average price of $115.97, for a total transaction of $2,818,071.00.
- On Monday, May 11th, Post Holdings Co. Ltd. Japan sold 24,100 shares of Aflac stock. The stock was sold at an average price of $114.85, for a total transaction of $2,767,885.00.
- On Thursday, April 9th, Post Holdings Co. Ltd. Japan sold 86,155 shares of Aflac stock. The stock was sold at an average price of $113.24, for a total transaction of $9,756,192.20.
Aflac Stock Down 1.7%
Shares of NYSE AFL opened at $114.81 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market cap of $58.43 billion, a P/E ratio of 13.03, a PEG ratio of 2.05 and a beta of 0.62. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81. The firm has a 50-day simple moving average of $112.93 and a two-hundred day simple moving average of $111.79.
Aflac Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac’s dividend payout ratio (DPR) is 27.70%.
Wall Street Analysts Forecast Growth
AFL has been the topic of a number of research reports. Keefe, Bruyette & Woods raised their target price on shares of Aflac from $113.00 to $115.00 and gave the stock a “market perform” rating in a research report on Friday, April 10th. Wells Fargo & Company reduced their target price on shares of Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. Wall Street Zen raised shares of Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group reduced their target price on shares of Aflac from $116.00 to $114.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Mizuho set a $104.00 price target on Aflac in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $112.27.
Check Out Our Latest Research Report on AFL
Hedge Funds Weigh In On Aflac
A number of hedge funds and other institutional investors have recently modified their holdings of AFL. WNY Asset Management LLC purchased a new position in Aflac during the first quarter valued at approximately $337,000. Segall Bryant & Hamill LLC purchased a new stake in Aflac during the first quarter worth $10,069,000. CTC Alternative Strategies Ltd. lifted its holdings in Aflac by 389.5% during the first quarter. CTC Alternative Strategies Ltd. now owns 9,789 shares of the financial services provider’s stock worth $1,074,000 after buying an additional 7,789 shares during the period. Groupe la Francaise purchased a new stake in Aflac during the first quarter worth $25,000. Finally, Western Wealth Management LLC lifted its holdings in Aflac by 409.3% during the first quarter. Western Wealth Management LLC now owns 11,881 shares of the financial services provider’s stock worth $1,303,000 after buying an additional 9,548 shares during the period. 67.44% of the stock is currently owned by institutional investors.
Aflac Company Profile
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.
See Also
- Five stocks we like better than Aflac
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for Aflac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aflac and related companies with MarketBeat.com's FREE daily email newsletter.
