McCollum Christoferson Group LLC increased its stake in AFLAC Incorporated (NYSE:AFL) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,413 shares of the financial services provider’s stock after buying an additional 881 shares during the quarter. McCollum Christoferson Group LLC’s holdings in AFLAC were worth $4,021,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in AFLAC by 0.8% in the third quarter. Vanguard Group Inc. now owns 66,738,143 shares of the financial services provider’s stock worth $3,141,364,000 after buying an additional 505,341 shares during the last quarter. Vanguard Group Inc lifted its position in shares of AFLAC by 0.8% during the third quarter. Vanguard Group Inc now owns 66,738,143 shares of the financial services provider’s stock worth $3,141,364,000 after purchasing an additional 505,341 shares during the last quarter. BlackRock Inc. lifted its position in shares of AFLAC by 3.1% during the fourth quarter. BlackRock Inc. now owns 51,647,878 shares of the financial services provider’s stock worth $2,353,074,000 after purchasing an additional 1,557,905 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of AFLAC by 7.5% during the fourth quarter. Geode Capital Management LLC now owns 10,367,524 shares of the financial services provider’s stock worth $471,555,000 after purchasing an additional 724,613 shares during the last quarter. Finally, LSV Asset Management lifted its position in shares of AFLAC by 0.4% during the fourth quarter. LSV Asset Management now owns 6,110,739 shares of the financial services provider’s stock worth $278,405,000 after purchasing an additional 21,722 shares during the last quarter. Institutional investors own 68.46% of the company’s stock.

In other AFLAC news, insider Audrey B. Tillman sold 2,100 shares of the firm’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $48.71, for a total transaction of $102,291.00. Following the completion of the transaction, the insider now owns 105,017 shares in the company, valued at $5,115,378.07. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Charles D. Lake II sold 15,678 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $49.19, for a total transaction of $771,200.82. Following the completion of the sale, the insider now directly owns 137,764 shares of the company’s stock, valued at approximately $6,776,611.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 89,244 shares of company stock worth $4,363,557. 1.30% of the stock is currently owned by company insiders.

Several research firms have recently weighed in on AFL. ValuEngine downgraded AFLAC from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Zacks Investment Research lowered AFLAC from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. SunTrust Banks boosted their price target on AFLAC to $48.00 and gave the company a “hold” rating in a report on Monday, February 4th. Finally, JPMorgan Chase & Co. downgraded AFLAC from an “overweight” rating to a “neutral” rating and set a $51.00 target price for the company. in a research note on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. AFLAC has a consensus rating of “Hold” and a consensus target price of $48.67.

Shares of NYSE:AFL traded up $0.16 during trading on Thursday, hitting $49.37. The company’s stock had a trading volume of 3,138,497 shares, compared to its average volume of 3,357,938. AFLAC Incorporated has a fifty-two week low of $41.45 and a fifty-two week high of $50.66. The stock has a market cap of $36.93 billion, a price-to-earnings ratio of 11.87, a price-to-earnings-growth ratio of 3.39 and a beta of 0.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.06 and a current ratio of 0.06.

AFLAC (NYSE:AFL) last issued its quarterly earnings results on Thursday, January 31st. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.08. The firm had revenue of $5.48 billion during the quarter, compared to analyst estimates of $5.47 billion. AFLAC had a return on equity of 13.62% and a net margin of 13.42%. On average, equities research analysts predict that AFLAC Incorporated will post 4.22 EPS for the current year.

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AFLAC Company Profile

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides voluntary supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.

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Institutional Ownership by Quarter for AFLAC (NYSE:AFL)

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