Post Holdings Co. Ltd. Japan Sells 13,800 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,800 shares of Aflac stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $117.49, for a total transaction of $1,621,362.00. Following the transaction, the insider owned 50,557,190 shares in the company, valued at approximately $5,939,964,253.10. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Monday, September 14th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The shares were sold at an average price of $116.74, for a total transaction of $1,587,664.00.
  • On Friday, September 11th, Post Holdings Co. Ltd. Japan sold 14,000 shares of Aflac stock. The shares were sold at an average price of $115.14, for a total value of $1,611,960.00.
  • On Thursday, September 10th, Post Holdings Co. Ltd. Japan sold 13,300 shares of Aflac stock. The shares were sold at an average price of $114.32, for a total transaction of $1,520,456.00.
  • On Tuesday, September 8th, Post Holdings Co. Ltd. Japan sold 13,600 shares of Aflac stock. The stock was sold at an average price of $115.44, for a total transaction of $1,569,984.00.
  • On Friday, September 4th, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $117.47, for a total transaction of $1,762,050.00.
  • On Thursday, September 3rd, Post Holdings Co. Ltd. Japan sold 20,000 shares of Aflac stock. The shares were sold at an average price of $118.49, for a total transaction of $2,369,800.00.
  • On Wednesday, September 2nd, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The stock was sold at an average price of $117.19, for a total transaction of $1,582,065.00.
  • On Tuesday, September 1st, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.77, for a total value of $1,481,856.00.
  • On Monday, August 31st, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.00, for a total value of $1,473,200.00.
  • On Friday, August 28th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $116.52, for a total value of $1,514,760.00.

Aflac Stock Performance

Shares of AFL stock traded down $0.40 during trading on Friday, reaching $116.20. The company had a trading volume of 643,043 shares, compared to its average volume of 2,310,773. The firm’s 50 day simple moving average is $120.74 and its two-hundred day simple moving average is $116.46. Aflac Incorporated has a one year low of $105.43 and a one year high of $130.22. 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 has a market capitalization of $58.26 billion, a PE ratio of 12.45, a PEG ratio of 1.88 and a beta of 0.59.

Aflac (NYSE:AFLGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.01). The company had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. Aflac had a net margin of 26.91% and a return on equity of 13.27%. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the business earned $1.78 EPS. Sell-side analysts forecast that Aflac Incorporated will post 7.04 earnings per share for the current year.

Aflac Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AFL shares. Keefe, Bruyette & Woods upped their price target on Aflac from $120.00 to $125.00 and gave the stock a “market perform” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. cut their target price on shares of Aflac from $117.00 to $116.00 and set a “neutral” rating for the company in a research note on Tuesday, August 11th. Wall Street Zen downgraded shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Wolfe Research assumed coverage on shares of Aflac in a research report on Wednesday, August 19th. They issued an “underperform” rating and a $103.00 price target on the stock. Finally, Morgan Stanley upped their price objective on shares of Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $116.62.

View Our Latest Report on Aflac

Hedge Funds Weigh In On Aflac

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC raised its position in Aflac by 137.4% in the second quarter. Tidal Investments LLC now owns 40,904 shares of the financial services provider’s stock worth $4,796,000 after purchasing an additional 23,677 shares in the last quarter. MCF Advisors LLC boosted its holdings in Aflac by 45.0% during the second quarter. MCF Advisors LLC now owns 377 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 117 shares in the last quarter. Cidel Asset Management Inc. boosted its holdings in Aflac by 2.5% during the second quarter. Cidel Asset Management Inc. now owns 4,950 shares of the financial services provider’s stock valued at $580,000 after purchasing an additional 122 shares in the last quarter. NorthRock Partners LLC grew its stake in shares of Aflac by 18.2% in the 2nd quarter. NorthRock Partners LLC now owns 2,174 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 334 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of Aflac by 1.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,756 shares of the financial services provider’s stock worth $4,192,000 after buying an additional 520 shares in the last quarter. 67.44% of the stock is owned by institutional investors.

Aflac Company Profile

(Get Free Report)

Aflac Incorporated is an insurance company that provides supplemental health and life insurance products. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with accidents, illness, hospitalization, disability and critical illness.

Through its U.S. operations, Aflac markets policies to individuals, businesses and employees through workplace benefit programs, independent agents and brokers. The company is also a major provider of supplemental insurance in Japan, where it offers products focused primarily on cancer, medical and income-support coverage.

Founded in 1955 in Columbus, Georgia, as American Family Life Assurance Company, the business adopted the name Aflac in 1990.

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

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