Post Holdings Co. Ltd. Japan Sells 13,800 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,800 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $117.49, for a total transaction of $1,621,362.00. Following the completion of the transaction, the insider owned 50,557,190 shares in the company, valued at approximately $5,939,964,253.10. This trade represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Post Holdings Co. Ltd. Japan also recently made the following trade(s):

  • On Monday, September 14th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The stock was sold at an average price of $116.74, for a total value of $1,587,664.00.
  • On Friday, September 11th, Post Holdings Co. Ltd. Japan sold 14,000 shares of Aflac stock. The shares were sold at an average price of $115.14, for a total value of $1,611,960.00.
  • On Thursday, September 10th, Post Holdings Co. Ltd. Japan sold 13,300 shares of Aflac stock. The stock was sold at an average price of $114.32, for a total value of $1,520,456.00.
  • On Tuesday, September 8th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The shares were sold at an average price of $115.44, for a total value of $1,569,984.00.
  • On Friday, September 4th, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The stock was sold at an average price of $117.47, for a total transaction of $1,762,050.00.
  • On Thursday, September 3rd, Post Holdings Co. Ltd. Japan sold 20,000 shares of Aflac stock. The stock was sold at an average price of $118.49, for a total transaction of $2,369,800.00.
  • On Wednesday, September 2nd, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $117.19, for a total transaction of $1,582,065.00.
  • On Tuesday, September 1st, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.77, for a total value of $1,481,856.00.
  • On Monday, August 31st, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.00, for a total value of $1,473,200.00.
  • On Friday, August 28th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $116.52, for a total transaction of $1,514,760.00.

Aflac Trading Down 0.3%

Shares of NYSE:AFL traded down $0.40 during trading on Friday, hitting $116.20. 643,043 shares of the company’s stock were exchanged, compared to its average volume of 2,310,773. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29. The firm has a market cap of $58.26 billion, a P/E ratio of 12.45, a PEG ratio of 1.88 and a beta of 0.59. The firm has a 50-day moving average price of $120.74 and a two-hundred day moving average price of $116.46. Aflac Incorporated has a 1-year low of $105.43 and a 1-year high of $130.22.

Aflac (NYSE:AFLGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.01). The business had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.11 billion. Aflac had a net margin of 26.91% and a return on equity of 13.27%. Aflac’s revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.78 earnings per share. Equities analysts predict that Aflac Incorporated will post 7.04 earnings per share for the current year.

Aflac Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac’s payout ratio is 26.15%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Barclays restated an “underweight” rating and set a $99.00 target price (up from $98.00) on shares of Aflac in a report on Friday, August 7th. TD Cowen reissued a “hold” rating and set a $110.00 price objective (up from $101.00) on shares of Aflac in a research note on Wednesday, July 22nd. Wall Street Zen cut shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Mizuho set a $116.00 target price on shares of Aflac in a research note on Monday, August 10th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $138.00 target price (up from $130.00) on shares of Aflac in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Aflac has a consensus rating of “Hold” and a consensus target price of $116.62.

View Our Latest Stock Analysis on AFL

Hedge Funds Weigh In On Aflac

Several institutional investors have recently modified their holdings of AFL. BlackRock Inc. bought a new stake in shares of Aflac during the second quarter worth $4,093,787,000. Norges Bank bought a new position in Aflac during the 4th quarter worth about $420,078,000. Legal & General Group Plc acquired a new stake in shares of Aflac in the 2nd quarter valued at about $404,639,000. Bank of New York Mellon Corp bought a new stake in shares of Aflac in the second quarter valued at about $298,418,000. Finally, Bank of America Corp DE acquired a new position in shares of Aflac during the second quarter worth about $244,516,000. Institutional investors own 67.44% of the company’s stock.

Aflac Company Profile

(Get Free Report)

Aflac Incorporated is an insurance company that provides supplemental health and life insurance products. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with accidents, illness, hospitalization, disability and critical illness.

Through its U.S. operations, Aflac markets policies to individuals, businesses and employees through workplace benefit programs, independent agents and brokers. The company is also a major provider of supplemental insurance in Japan, where it offers products focused primarily on cancer, medical and income-support coverage.

Founded in 1955 in Columbus, Georgia, as American Family Life Assurance Company, the business adopted the name Aflac in 1990.

See Also

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

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.