Aflac Incorporated $AFL Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its holdings in shares of Aflac Incorporated (NYSE:AFL) by 29.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,723 shares of the financial services provider’s stock after acquiring an additional 4,511 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Aflac were worth $2,175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AFL. Brighton Jones LLC boosted its position in Aflac by 64.4% during the fourth quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider’s stock worth $1,507,000 after acquiring an additional 5,708 shares during the last quarter. Bison Wealth LLC boosted its position in Aflac by 4.3% during the fourth quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider’s stock worth $455,000 after acquiring an additional 183 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Aflac during the second quarter worth about $280,000. Sei Investments Co. boosted its position in Aflac by 11.2% during the second quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider’s stock worth $15,854,000 after acquiring an additional 15,105 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in Aflac by 1.6% during the second quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider’s stock worth $1,261,000 after acquiring an additional 192 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Post Holdings Co. Ltd. Japan sold 26,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $117.00, for a total value of $3,100,500.00. Following the sale, the insider directly owned 51,116,235 shares of the company’s stock, valued at approximately $5,980,599,495. The trade was a 0.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 936,356 shares of company stock valued at $107,019,534. 0.80% of the stock is currently owned by insiders.

More Aflac News

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac continues to be viewed as a dependable income stock, supported by 44 consecutive years of dividend growth and a recently paid quarterly dividend of $0.61 per share. The “Duck Stock” Keeps Quietly Making Money for Shareholders
• Positive Sentiment: Analysts remain constructive enough to keep Aflac on the radar as a stable insurance name, with recent commentary highlighting reliable returns from dividends, buybacks, and supplemental insurance growth. 3 Insurance Stocks Hitting 52-Week Highs With More Room to Run
• Neutral Sentiment: Recent market coverage describes Aflac as a steady, low-volatility insurer, but also suggests the stock’s quality may already be fairly priced in, limiting near-term upside. 4 Stocks Making New Highs Despite Market Weakness
• Negative Sentiment: Post Holdings Co. Ltd. Japan has continued trimming its Aflac stake through a series of insider sales in June, which may create some investor concern even though the trades were disclosed under a 10b5-1 plan. SEC Filing

Analyst Upgrades and Downgrades

Several research firms have weighed in on AFL. Morgan Stanley boosted their target price on shares of Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Barclays set a $99.00 target price on shares of Aflac and gave the company an “underweight” rating in a report on Thursday, April 30th. Wells Fargo & Company decreased their target price on shares of Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. Keefe, Bruyette & Woods boosted their target price on shares of Aflac from $113.00 to $115.00 and gave the company a “market perform” rating in a report on Friday, April 10th. Finally, Weiss Ratings lowered shares of Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $112.27.

Aflac Price Performance

Aflac stock opened at $117.56 on Monday. The company’s 50 day simple moving average is $114.68 and its 200-day simple moving average is $112.01. The company has a market capitalization of $59.83 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 2.06 and a beta of 0.61. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11.

Aflac (NYSE:AFL) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. Aflac’s revenue was up 27.9% on a year-over-year basis. During the same period last year, the firm posted $1.66 earnings per share. As a group, equities research analysts expect that Aflac Incorporated will post 7.08 earnings per share for the current year.

Aflac Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, May 20th. Aflac’s payout ratio is 27.70%.

Aflac 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.