Aflac (NYSE:AFL) Major Shareholder Sells $1,487,850.00 in Stock

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $114.45, for a total value of $1,487,850.00. Following the sale, the insider directly owned 50,369,140 shares of the company’s stock, valued at approximately $5,764,748,073. This represents a 0.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, October 13th, Post Holdings Co. Ltd. Japan sold 42,000 shares of Aflac stock. The shares were sold at an average price of $116.38, for a total value of $4,887,960.00.
  • On Monday, October 12th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The stock was sold at an average price of $115.85, for a total value of $1,413,370.00.
  • On Friday, October 9th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was sold at an average price of $114.72, for a total value of $1,376,640.00.
  • On Wednesday, October 7th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The shares were sold at an average price of $112.80, for a total value of $1,353,600.00.
  • On Tuesday, October 6th, Post Holdings Co. Ltd. Japan sold 13,050 shares of Aflac stock. The stock was sold at an average price of $113.49, for a total transaction of $1,481,044.50.
  • On Monday, October 5th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $112.25, for a total transaction of $1,459,250.00.
  • On Friday, October 2nd, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The stock was sold at an average price of $111.30, for a total transaction of $1,469,160.00.
  • On Thursday, October 1st, Post Holdings Co. Ltd. Japan sold 11,900 shares of Aflac stock. The shares were sold at an average price of $111.18, for a total transaction of $1,323,042.00.
  • On Tuesday, September 29th, Post Holdings Co. Ltd. Japan sold 12,100 shares of Aflac stock. The shares were sold at an average price of $113.36, for a total transaction of $1,371,656.00.
  • On Monday, September 28th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was sold at an average price of $113.63, for a total transaction of $1,363,560.00.

Aflac Stock Down 0.1%

NYSE:AFL opened at $118.07 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.12 and a quick ratio of 0.12. The company’s fifty day moving average price is $116.46 and its 200-day moving average price is $117.18. Aflac Incorporated has a 1-year low of $105.43 and a 1-year high of $130.22. The firm has a market capitalization of $59.19 billion, a P/E ratio of 12.65, a PEG ratio of 1.87 and a beta of 0.56.

Aflac (NYSE:AFL – Get Free Report) last posted its earnings results 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). Aflac had a net margin of 26.91% and a return on equity of 13.27%. The business had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the firm earned $1.78 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities research analysts anticipate that Aflac Incorporated will post 7.04 EPS for the current year.

Aflac Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have commented on AFL shares. Barclays reissued an “underweight” rating and set a $101.00 target price (up from $99.00) on shares of Aflac in a report on Wednesday, October 7th. Mizuho reduced their price objective on Aflac from $116.00 to $107.00 and set an “underperform” rating for the company in a research note on Wednesday, October 7th. Wall Street Zen lowered Aflac from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings upgraded Aflac from a “buy (b)” rating to a “buy (a-)” rating in a report on Tuesday, September 22nd. Finally, TD Cowen reaffirmed a “hold” rating and set a $110.00 target price (up from $101.00) on shares of Aflac in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $117.20.

Get Our Latest Stock Report on Aflac

Key Headlines Impacting Aflac

Here are the key news stories impacting Aflac this week:

  • Positive Sentiment: JPMorgan raised its price target on Aflac to $119 from $116 while maintaining a “neutral” rating. The increase reflects somewhat improved valuation support, although the target implies only limited upside from recent trading levels. JPMorgan Aflac Price Target Update
  • Positive Sentiment: AM Best affirmed the credit ratings of Aflac and its subsidiaries, reinforcing confidence in the insurer’s financial strength and ability to meet policyholder obligations. This is supportive for a defensive insurer whose earnings depend partly on balance-sheet stability. AM Best Affirms Aflac Credit Ratings
  • Neutral Sentiment: Bank of America lowered its Aflac price target to $133 but retained a “buy” rating. The higher target remains well above recent trading levels, but the reduction indicates some reassessment of near-term valuation or sector conditions. Bank of America Cuts Aflac Price Target
  • Negative Sentiment: Japan Post Holdings continued selling Aflac shares, including transactions totaling 42,000 shares on October 13 and additional sales on October 9 and 12. Each sale represented only about 0.02%–0.08% of its large position and was conducted under a pre-arranged Rule 10b5-1 plan, limiting the immediate fundamental impact. However, the repeated disposals may weigh on sentiment and raise concerns about ongoing insider supply. Aflac Shareholder SEC Filing

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AFL. NFSG Corp grew its position in Aflac by 43.0% during the third quarter. NFSG Corp now owns 589 shares of the financial services provider’s stock worth $66,000 after buying an additional 177 shares during the period. Turtle Creek Wealth Advisors LLC increased its holdings in Aflac by 3.4% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 93,501 shares of the financial services provider’s stock valued at $10,452,000 after buying an additional 3,050 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Aflac by 1.3% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 7,013 shares of the financial services provider’s stock valued at $784,000 after acquiring an additional 91 shares during the period. ZWJ Investment Counsel Inc. lifted its position in shares of Aflac by 28.8% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,156 shares of the financial services provider’s stock valued at $2,141,000 after acquiring an additional 4,287 shares during the period. Finally, Fortitude Family Office LLC lifted its position in shares of Aflac by 347.8% during the 3rd quarter. Fortitude Family Office LLC now owns 824 shares of the financial services provider’s stock valued at $92,000 after acquiring an additional 640 shares during the period. Institutional investors and hedge funds own 67.44% of the company’s stock.

Aflac Company Profile

(Get Free Report)

Aflac Incorporated (NYSE: AFL) is an insurance company that provides supplemental health and life insurance products to individuals, employers and groups. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with illness, injury and other qualifying events.

The company’s products include accident, cancer, critical illness, hospital indemnity, disability, dental, vision and life insurance. Aflac distributes its policies through workplace benefits programs, independent agents, brokers and other distribution channels.

Founded in 1955 as American Family Life Assurance Company of Columbus, Aflac has its headquarters in Columbus, Georgia.

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

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