8,319 Shares in Aflac Incorporated (NYSE:AFL) Purchased by Roxbury Financial LLC

Roxbury Financial LLC purchased a new position in shares of Aflac Incorporated (NYSE:AFL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,319 shares of the financial services provider’s stock, valued at approximately $948,000.

A number of other institutional investors also recently added to or reduced their stakes in AFL. Darwin Wealth Management LLC bought a new position in shares of Aflac during the 3rd quarter worth approximately $34,000. Raelipskie Partnership acquired a new stake in shares of Aflac in the 3rd quarter valued at $38,000. Covestor Ltd grew its holdings in shares of Aflac by 41.8% in the 3rd quarter. Covestor Ltd now owns 363 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 107 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of Aflac during the 3rd quarter worth about $45,000. Finally, Catalyst Capital Advisors LLC acquired a new position in Aflac in the third quarter valued at about $51,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Aflac

In related news, EVP Audrey B. Tillman sold 24,744 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $103.40, for a total value of $2,558,529.60. Following the sale, the executive vice president now directly owns 222,618 shares of the company’s stock, valued at approximately $23,018,701.20. The trade was a 10.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on AFL shares. Barclays dropped their price objective on shares of Aflac from $98.00 to $95.00 and set an “underweight” rating for the company in a report on Friday, February 7th. Wells Fargo & Company raised their price target on Aflac from $103.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, January 14th. StockNews.com raised Aflac from a “sell” rating to a “hold” rating in a research note on Friday. Piper Sandler lowered their target price on Aflac from $122.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Aflac from $107.00 to $104.00 and set a “market perform” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $103.00.

Aflac Price Performance

Aflac stock opened at $103.46 on Friday. The firm has a market capitalization of $57.48 billion, a P/E ratio of 10.78, a PEG ratio of 2.10 and a beta of 0.99. The business has a 50-day moving average of $104.26 and a 200-day moving average of $107.02. The company has a current ratio of 0.10, a quick ratio of 0.08 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 1 year low of $78.38 and a 1 year high of $115.50.

Aflac (NYSE:AFL) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $1.56 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.07). Aflac had a return on equity of 16.20% and a net margin of 28.76%. On average, equities analysts anticipate that Aflac Incorporated will post 6.95 EPS for the current year.

Aflac Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 19th will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Wednesday, February 19th. This is a boost from Aflac’s previous quarterly dividend of $0.50. Aflac’s payout ratio is 24.17%.

Aflac Profile

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.