Post Holdings Co. Ltd. Japan Sells 17,400 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $109.14, for a total value of $1,899,036.00. Following the completion of the transaction, the insider owned 52,132,700 shares of the company’s stock, valued at approximately $5,689,762,878. This represents a 0.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The stock was sold at an average price of $109.60, for a total value of $1,961,840.00.
  • On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The shares were sold at an average price of $109.53, for a total value of $1,982,493.00.
  • On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The shares were sold at an average price of $110.47, for a total value of $2,098,930.00.
  • On Monday, March 9th, Post Holdings Co. Ltd. Japan sold 17,300 shares of Aflac stock. The stock was sold at an average price of $109.62, for a total value of $1,896,426.00.
  • On Friday, March 6th, Post Holdings Co. Ltd. Japan sold 19,100 shares of Aflac stock. The shares were sold at an average price of $110.77, for a total value of $2,115,707.00.
  • On Thursday, March 5th, Post Holdings Co. Ltd. Japan sold 19,300 shares of Aflac stock. The shares were sold at an average price of $110.96, for a total transaction of $2,141,528.00.

Aflac Price Performance

Shares of NYSE AFL opened at $107.89 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a fifty day moving average of $111.48 and a 200 day moving average of $110.35. The firm has a market cap of $55.71 billion, a PE ratio of 15.68, a PEG ratio of 3.59 and a beta of 0.66. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.32.

Aflac (NYSE:AFLGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.12). Aflac had a net margin of 21.24% and a return on equity of 14.35%. The company had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.45 billion. During the same period in the previous year, the business earned $1.57 earnings per share. The business’s revenue for the quarter was down 9.6% on a year-over-year basis. As a group, research analysts predict that Aflac Incorporated will post 6.88 EPS for the current fiscal year.

Analysts Set New Price Targets

AFL has been the topic of several research analyst reports. Barclays set a $101.00 price objective on Aflac and gave the stock an “underweight” rating in a report on Thursday, January 8th. Morgan Stanley set a $120.00 target price on Aflac in a report on Monday, December 15th. JPMorgan Chase & Co. raised their target price on Aflac from $101.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. TD Cowen reiterated a “hold” rating on shares of Aflac in a research report on Monday, December 22nd. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aflac in a research note on Monday, December 22nd. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Aflac has an average rating of “Hold” and an average price target of $111.73.

Get Our Latest Report on AFL

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. True Wealth Design LLC increased its position in Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 147 shares during the last quarter. Quarry LP acquired a new position in Aflac in the 4th quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new position in Aflac in the 4th quarter valued at about $29,000. Navalign LLC purchased a new stake in shares of Aflac in the 4th quarter valued at approximately $32,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Aflac in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Aflac Company Profile

(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.

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

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