AFLAC Incorporated (NYSE:AFL) COO Masatoshi Koide sold 6,250 shares of AFLAC stock in a transaction on Thursday, 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 transaction, the chief operating officer now owns 25,037 shares in the company, valued at approximately $2,203,256. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Masatoshi Koide also recently made the following trade(s):
- On Friday, December 28th, Masatoshi Koide sold 6,250 shares of AFLAC stock. The shares were sold at an average price of $88.00, for a total transaction of $550,000.00.
AFLAC Incorporated (NYSE:AFL) traded down $6.75 during trading hours on Friday, reaching $84.94. 13,792,072 shares of the company traded hands, compared to its average volume of 1,526,377. The company has a market capitalization of $36,047.89, a price-to-earnings ratio of 12.31, a P/E/G ratio of 2.62 and a beta of 1.02. AFLAC Incorporated has a 1-year low of $66.50 and a 1-year high of $91.73. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.07 and a quick ratio of 0.07.
AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.07. The firm had revenue of $5.51 billion for the quarter, compared to the consensus estimate of $5.48 billion. AFLAC had a net margin of 12.49% and a return on equity of 12.87%. The business’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.74 earnings per share. analysts anticipate that AFLAC Incorporated will post 6.76 earnings per share for the current year.
A number of research firms have issued reports on AFL. Wells Fargo & Co restated a “market perform” rating and issued a $90.00 price objective (up previously from $84.00) on shares of AFLAC in a research report on Tuesday. ValuEngine upgraded shares of AFLAC from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded shares of AFLAC from a “sell” rating to a “hold” rating in a research report on Thursday. Citigroup cut shares of AFLAC from a “neutral” rating to a “sell” rating and reduced their price target for the company from $82.00 to $77.00 in a research report on Tuesday, September 26th. Finally, Goldman Sachs Group initiated coverage on shares of AFLAC in a research report on Wednesday, October 18th. They set a “neutral” rating and a $88.00 price target on the stock. Four analysts have rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $80.29.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. lifted its position in AFLAC by 8.3% during the second quarter. Pacer Advisors Inc. now owns 8,659 shares of the financial services provider’s stock valued at $673,000 after purchasing an additional 667 shares during the period. Neuberger Berman Group LLC lifted its position in AFLAC by 2.0% during the second quarter. Neuberger Berman Group LLC now owns 49,165 shares of the financial services provider’s stock valued at $3,819,000 after purchasing an additional 977 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in AFLAC during the second quarter valued at approximately $4,205,000. Girard Partners LTD. lifted its position in AFLAC by 5.5% during the second quarter. Girard Partners LTD. now owns 5,753 shares of the financial services provider’s stock valued at $447,000 after purchasing an additional 300 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new position in AFLAC during the second quarter valued at approximately $1,702,000. Hedge funds and other institutional investors own 65.63% of the company’s stock.
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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