SG Americas Securities LLC Has $16.53 Million Stock Holdings in Aflac Incorporated $AFL

SG Americas Securities LLC boosted its position in Aflac Incorporated (NYSE:AFLFree Report) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,917 shares of the financial services provider’s stock after acquiring an additional 5,410 shares during the quarter. SG Americas Securities LLC’s holdings in Aflac were worth $16,531,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Confluence Wealth Services Inc. raised its holdings in shares of Aflac by 0.8% during the third quarter. Confluence Wealth Services Inc. now owns 11,827 shares of the financial services provider’s stock valued at $1,321,000 after purchasing an additional 97 shares during the last quarter. Courier Capital LLC boosted its holdings in Aflac by 3.9% in the third quarter. Courier Capital LLC now owns 2,597 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 97 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Aflac by 5.1% in the third quarter. Dynamic Advisor Solutions LLC now owns 2,037 shares of the financial services provider’s stock worth $227,000 after purchasing an additional 99 shares during the last quarter. Stiles Financial Services Inc grew its position in Aflac by 3.2% in the 3rd quarter. Stiles Financial Services Inc now owns 3,169 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 99 shares during the period. Finally, Berkeley Capital Partners LLC grew its position in Aflac by 0.9% in the 3rd quarter. Berkeley Capital Partners LLC now owns 11,669 shares of the financial services provider’s stock worth $1,303,000 after purchasing an additional 99 shares during the period. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Aflac

In other Aflac news, Director Charles D. Lake II sold 15,590 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $109.93, for a total value of $1,713,808.70. Following the completion of the sale, the director owned 62,237 shares in the company, valued at $6,841,713.41. This represents a 20.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $107.03, for a total value of $1,519,826.00. Following the transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 235,077 shares of company stock valued at $25,690,082. Company insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

AFL has been the topic of several research analyst reports. Morgan Stanley set a $120.00 price target on Aflac in a report on Monday, December 15th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $113.00 price objective on shares of Aflac in a report on Thursday. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aflac in a research report on Monday, December 22nd. Mizuho set a $107.00 target price on Aflac in a report on Monday, February 9th. Finally, Wells Fargo & Company boosted their price target on Aflac from $109.00 to $118.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 25th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Aflac currently has a consensus rating of “Hold” and a consensus target price of $112.00.

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Aflac News Roundup

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Aflac Trading Down 1.6%

Shares of Aflac stock opened at $106.50 on Friday. Aflac Incorporated has a 1-year low of $96.95 and a 1-year high of $119.32. The company’s fifty day simple moving average is $111.13 and its 200-day simple moving average is $110.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market capitalization of $54.87 billion, a PE ratio of 15.48, a P/E/G ratio of 3.55 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 EPS 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 company had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.45 billion. During the same quarter last year, the company earned $1.57 earnings per share. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. As a group, equities analysts anticipate that Aflac Incorporated will post 6.88 earnings per share for the current year.

Aflac Profile

(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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Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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