Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 15,700 Shares of Stock

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 15,700 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $109.77, for a total value of $1,723,389.00. Following the sale, the insider owned 52,100,900 shares in the company, valued at $5,719,115,793. The trade was a 0.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% 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 Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The stock was sold at an average price of $109.14, for a total value of $1,899,036.00.
• On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were 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 stock was 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 stock was 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 shares were sold at an average price of $109.62, for a total transaction of $1,896,426.00.
• On Friday, March 6th, Post Holdings Co. Ltd. Japan sold 19,100 shares of Aflac stock. The stock was sold at an average price of $110.77, for a total transaction of $2,115,707.00.
• On Thursday, March 5th, Post Holdings Co. Ltd. Japan sold 19,300 shares of Aflac stock. The stock was sold at an average price of $110.96, for a total transaction of $2,141,528.00.

Aflac Price Performance

AFL stock opened at $107.21 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.32. The firm’s fifty day moving average is $111.42 and its 200 day moving average is $110.33. The firm has a market cap of $55.36 billion, a P/E ratio of 15.58, a P/E/G ratio of 3.53 and a beta of 0.66.

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

Institutional Trading of Aflac

Several large investors have recently modified their holdings of AFL. True Wealth Design LLC raised its position in Aflac by 188.5% during the 3rd quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 147 shares during the last quarter. Quarry LP bought a new stake in shares of Aflac in the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Aflac during the fourth quarter valued at approximately $29,000. Navalign LLC bought a new position in shares of Aflac during the fourth quarter valued at approximately $32,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Aflac during the second quarter valued at approximately $33,000. 67.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on AFL. JPMorgan Chase & Co. boosted their target price on Aflac from $101.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Wells Fargo & Company raised their price target on Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. Wall Street Zen downgraded Aflac from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. TD Cowen reissued a “hold” rating on shares of Aflac in a research note on Monday, December 22nd. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Aflac in a report on Monday, December 22nd. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $111.73.

Aflac Company Profile

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.