Harbour Investments Inc. Purchases 204 Shares of Aflac Incorporated (NYSE:AFL)

Harbour Investments Inc. increased its position in Aflac Incorporated (NYSE:AFL) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,629 shares of the financial services provider’s stock after purchasing an additional 204 shares during the quarter. Harbour Investments Inc.’s holdings in Aflac were worth $582,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Private Trust Co. NA grew its position in shares of Aflac by 1.3% in the 4th quarter. Private Trust Co. NA now owns 7,643 shares of the financial services provider’s stock valued at $791,000 after buying an additional 99 shares during the last quarter. Phillips Wealth Planners LLC increased its position in Aflac by 1.5% during the 4th quarter. Phillips Wealth Planners LLC now owns 6,553 shares of the financial services provider’s stock valued at $662,000 after purchasing an additional 100 shares during the period. Raleigh Capital Management Inc. increased its position in Aflac by 23.2% during the 4th quarter. Raleigh Capital Management Inc. now owns 531 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 100 shares during the period. TKG Advisors LLC lifted its position in shares of Aflac by 0.5% in the 4th quarter. TKG Advisors LLC now owns 21,255 shares of the financial services provider’s stock worth $2,230,000 after purchasing an additional 103 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its stake in shares of Aflac by 1.6% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 6,960 shares of the financial services provider’s stock valued at $720,000 after purchasing an additional 107 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AFL shares. StockNews.com raised shares of Aflac from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. Evercore ISI cut their target price on Aflac from $104.00 to $102.00 and set an “underperform” rating on the stock in a research report on Wednesday, December 4th. Wells Fargo & Company decreased their target price on Aflac from $104.00 to $102.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Barclays dropped their price target on Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a research note on Friday, February 7th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Aflac from $90.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Aflac has a consensus rating of “Hold” and an average price target of $103.36.

Insider Buying and Selling at Aflac

In related news, Director Joseph L. Moskowitz sold 1,000 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $107.63, for a total transaction of $107,630.00. Following the transaction, the director now directly owns 25,393 shares of the company’s stock, valued at $2,733,048.59. This trade represents a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Charles D. Lake II sold 29,802 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $107.29, for a total transaction of $3,197,456.58. Following the transaction, the director now owns 49,962 shares in the company, valued at approximately $5,360,422.98. This trade represents a 37.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,546 shares of company stock worth $5,863,616. Corporate insiders own 0.80% of the company’s stock.

Aflac Trading Up 0.2 %

AFL opened at $108.66 on Friday. The firm has a market capitalization of $59.39 billion, a PE ratio of 11.32, a P/E/G ratio of 3.24 and a beta of 0.93. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.10 and a quick ratio of 0.08. Aflac Incorporated has a fifty-two week low of $79.31 and a fifty-two week high of $115.50. The company’s 50-day moving average is $105.81 and its 200 day moving average is $107.66.

Aflac (NYSE:AFL) last posted its 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 net margin of 28.76% and a return on equity of 16.20%. As a group, research analysts predict that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

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.