Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 14,200 Shares

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 14,200 shares of the stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $107.03, for a total transaction of $1,519,826.00. Following the transaction, the insider owned 52,018,600 shares in the company, valued at approximately $5,567,550,758. The trade was a 0.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major 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 Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The stock was sold at an average price of $106.78, for a total value of $1,601,700.00.
  • On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The shares were sold at an average price of $106.47, for a total transaction of $1,788,696.00.
  • On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The stock was sold at an average price of $107.41, for a total transaction of $1,084,841.00.
  • On Wednesday, March 18th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The shares were sold at an average price of $108.43, for a total transaction of $1,322,846.00.
  • On Tuesday, March 17th, Post Holdings Co. Ltd. Japan sold 15,700 shares of Aflac stock. The stock was sold at an average price of $109.77, for a total transaction of $1,723,389.00.
  • 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 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 stock was sold at an average price of $110.47, for a total transaction 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.

Aflac Price Performance

Shares of Aflac stock opened at $106.50 on Friday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $119.32. The business has a 50-day moving average price of $111.13 and a 200 day moving average price of $110.36. The firm has a market cap of $54.87 billion, a PE ratio of 15.48, a P/E/G ratio of 3.49 and a beta of 0.66.

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). The company had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.45 billion. Aflac had a net margin of 21.24% and a return on equity of 14.35%. The business’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.57 earnings per share. Sell-side analysts predict that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

Aflac News Summary

Here are the key news stories impacting Aflac this week:

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. True Wealth Design LLC increased its stake in Aflac by 188.5% in the third 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 acquired a new position in shares of Aflac during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Aflac in the fourth quarter worth about $29,000. Navalign LLC acquired a new stake in Aflac in the fourth quarter valued at approximately $32,000. Finally, Darwin Wealth Management LLC purchased a new stake in Aflac during the 2nd quarter worth $33,000. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AFL has been the subject of several research analyst reports. Wells Fargo & Company increased their target price on shares of Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 25th. JPMorgan Chase & Co. boosted their price target on shares of Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. TD Cowen reissued a “hold” rating on shares of Aflac in a research report on Monday, December 22nd. Morgan Stanley set a $120.00 price objective on Aflac in a research note on Monday, December 15th. Finally, Wall Street Zen downgraded shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $112.00.

Check Out Our Latest Stock Report on AFL

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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