Regal Investment Advisors LLC increased its holdings in AFLAC Incorporated (NYSE:AFL) by 13.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 18,774 shares of the financial services provider’s stock after purchasing an additional 2,280 shares during the quarter. Regal Investment Advisors LLC’s holdings in AFLAC were worth $1,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. SeaCrest Wealth Management LLC bought a new position in AFLAC in the 4th quarter worth approximately $101,000. Omnia Family Wealth LLC lifted its position in AFLAC by 261.9% in the fourth quarter. Omnia Family Wealth LLC now owns 1,245 shares of the financial services provider’s stock worth $109,000 after purchasing an additional 901 shares during the period. San Francisco Sentry Investment Group CA lifted its position in AFLAC by 4,338.7% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 1,345 shares during the period. Legacy Advisors LLC lifted its position in AFLAC by 921.5% in the fourth quarter. Legacy Advisors LLC now owns 1,471 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 1,327 shares during the period. Finally, Calton & Associates Inc. acquired a new stake in AFLAC in the fourth quarter worth approximately $145,000. 66.16% of the stock is owned by institutional investors and hedge funds.

In other news, COO Masatoshi Koide sold 6,250 shares of the stock in a transaction on Friday, December 28th. The stock was sold at an average price of $88.00, for a total transaction of $550,000.00. Following the completion of the sale, the chief operating officer now owns 25,037 shares in the company, valued at approximately $2,203,256. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP James Todd Daniels sold 1,430 shares of the stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $87.11, for a total value of $124,567.30. Following the sale, the vice president now owns 12,708 shares of the company’s stock, valued at approximately $1,106,993.88. The disclosure for this sale can be found here. Insiders have sold a total of 22,347 shares of company stock valued at $1,962,778 in the last quarter. Insiders own 3.00% of the company’s stock.

A number of equities research analysts have weighed in on the company. Goldman Sachs Group assumed coverage on AFLAC in a research report on Wednesday, October 18th. They issued a “neutral” rating and a $88.00 target price for the company. B. Riley restated a “neutral” rating on shares of AFLAC in a research report on Monday, November 6th. Wells Fargo & Co set a $82.00 target price on AFLAC and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Raymond James Financial upgraded AFLAC from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $88.00 to $100.00 in a research report on Monday, January 22nd. Finally, Citigroup upgraded AFLAC to a “strong-buy” rating and upped their target price for the stock from $88.00 to $100.00 in a research report on Monday, January 22nd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and three have given a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $83.88.

Shares of AFLAC Incorporated (NYSE AFL) opened at $85.60 on Thursday. AFLAC Incorporated has a 52-week low of $68.80 and a 52-week high of $91.73. The company has a market capitalization of $33,430.76, a price-to-earnings ratio of 7.77, a PEG ratio of 2.23 and a beta of 1.01. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.07 and a current ratio of 0.07.

AFLAC (NYSE:AFL) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.05. AFLAC had a return on equity of 12.32% and a net margin of 20.18%. The company had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the prior year, the firm earned $1.44 EPS. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. sell-side analysts forecast that AFLAC Incorporated will post 7.68 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Wednesday, February 21st will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Tuesday, February 20th. This is an increase from AFLAC’s previous quarterly dividend of $0.45. AFLAC’s dividend payout ratio is 16.35%.

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AFLAC Company Profile

Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.

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Institutional Ownership by Quarter for AFLAC (NYSE:AFL)

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