Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells $7,441,560.00 in Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 63,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.12, for a total value of $7,441,560.00. Following the transaction, the insider owned 51,169,435 shares of the company’s stock, valued at $6,044,133,662.20. This trade represents a 0.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% 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 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 value of $1,477,504.00.
  • On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The shares were sold at an average price of $116.05, for a total value of $1,613,095.00.
  • On Wednesday, June 3rd, Post Holdings Co. Ltd. Japan sold 16,300 shares of Aflac stock. The shares were sold at an average price of $115.19, for a total value of $1,877,597.00.
  • On Tuesday, June 2nd, Post Holdings Co. Ltd. Japan sold 9,750 shares of Aflac stock. The shares were sold at an average price of $113.39, for a total value of $1,105,552.50.
  • On Monday, June 1st, Post Holdings Co. Ltd. Japan sold 9,060 shares of Aflac stock. The shares were sold at an average price of $112.53, for a total value of $1,019,521.80.
  • On Friday, May 29th, Post Holdings Co. Ltd. Japan sold 9,200 shares of Aflac stock. The shares were sold at an average price of $112.75, for a total value of $1,037,300.00.
  • On Thursday, May 28th, Post Holdings Co. Ltd. Japan sold 9,100 shares of Aflac stock. The shares were sold at an average price of $113.22, for a total value of $1,030,302.00.
  • On Wednesday, May 27th, Post Holdings Co. Ltd. Japan sold 11,400 shares of Aflac stock. The shares were sold at an average price of $115.50, for a total value of $1,316,700.00.
  • On Tuesday, May 26th, Post Holdings Co. Ltd. Japan sold 18,000 shares of Aflac stock. The shares were sold at an average price of $117.03, for a total value of $2,106,540.00.
  • On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The shares were sold at an average price of $117.78, for a total value of $3,662,958.00.

Aflac Stock Performance

Shares of AFL opened at $116.45 on Friday. The stock has a 50-day simple moving average of $114.52 and a 200-day simple moving average of $111.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a market capitalization of $59.27 billion, a PE ratio of 13.22, a PEG ratio of 2.05 and a beta of 0.61. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81.

Aflac (NYSE:AFLGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.05). The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.66 EPS. On average, analysts predict that Aflac Incorporated will post 7.08 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, May 20th. Aflac’s dividend payout ratio (DPR) is 27.70%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AFL. Barclays set a $99.00 target price on Aflac and gave the stock an “underweight” rating in a research report on Thursday, April 30th. Morgan Stanley raised their target price on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Keefe, Bruyette & Woods raised their target price on Aflac from $113.00 to $115.00 and gave the stock a “market perform” rating in a research report on Friday, April 10th. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Finally, UBS Group cut their target price on Aflac from $116.00 to $114.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Aflac has a consensus rating of “Hold” and a consensus target price of $112.27.

Get Our Latest Stock Report on Aflac

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AFL. Vanguard Group Inc. increased its position in Aflac by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 57,142,072 shares of the financial services provider’s stock worth $6,301,056,000 after buying an additional 6,759,169 shares during the period. Norges Bank acquired a new position in Aflac during the fourth quarter worth approximately $420,078,000. First Trust Advisors LP increased its position in Aflac by 161.9% during the first quarter. First Trust Advisors LP now owns 3,184,801 shares of the financial services provider’s stock worth $349,405,000 after buying an additional 1,968,738 shares during the period. AQR Capital Management LLC increased its position in Aflac by 1,184.5% during the third quarter. AQR Capital Management LLC now owns 1,264,090 shares of the financial services provider’s stock worth $141,199,000 after buying an additional 1,165,676 shares during the period. Finally, Marshall Wace LLP increased its position in Aflac by 390.7% during the fourth quarter. Marshall Wace LLP now owns 1,111,711 shares of the financial services provider’s stock worth $122,588,000 after buying an additional 885,141 shares during the period. Institutional investors and hedge funds own 67.44% of the company’s stock.

More Aflac News

Here are the key news stories impacting Aflac this week:

  • Positive Sentiment: Aflac continues to be highlighted as a dependable “duck stock,” with articles emphasizing its ability to quietly generate shareholder returns through dividends, buybacks, and growth in supplemental insurance products. The “Duck Stock” Keeps Quietly Making Money for Shareholders
  • Positive Sentiment: The company recently paid a quarterly dividend of $0.61 per share, underscoring its appeal for income-focused investors with an annualized yield around 2.1% and a relatively modest payout ratio.
  • Neutral Sentiment: Analysts remain mixed, with a consensus rating of “Hold,” though some firms have lifted price targets and others see Aflac as a stable insurance name with limited near-term upside. 4 Stocks Making New Highs Despite Market Weakness
  • Negative Sentiment: Major shareholder Post Holdings Co. Ltd. Japan has continued trimming its Aflac stake through a series of sales, including recent transactions on June 5 and June 8, which can create some investor caution even though the trades were made under a pre-arranged Rule 10b5-1 plan. SEC Filing

About Aflac

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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