Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 15,700 Shares

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 15,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $109.77, for a total transaction of $1,723,389.00. Following the completion of the sale, the insider owned 52,100,900 shares of the company’s stock, valued at approximately $5,719,115,793. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The stock was sold at an average price of $109.14, for a total transaction of $1,899,036.00.
• On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were sold at an average price of $109.60, for a total value of $1,961,840.00.
• On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The stock was sold at an average price of $109.53, for a total transaction of $1,982,493.00.
• On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The shares were sold at an average price of $110.47, for a total value of $2,098,930.00.
• On Monday, March 9th, Post Holdings Co. Ltd. Japan sold 17,300 shares of Aflac stock. The stock was sold at an average price of $109.62, for a total transaction of $1,896,426.00.
• On Friday, March 6th, Post Holdings Co. Ltd. Japan sold 19,100 shares of Aflac stock. The shares were sold at an average price of $110.77, for a total value of $2,115,707.00.
• On Thursday, March 5th, Post Holdings Co. Ltd. Japan sold 19,300 shares of Aflac stock. The stock was sold at an average price of $110.96, for a total transaction of $2,141,528.00.

Aflac Stock Performance

Aflac stock traded down $0.43 during mid-day trading on Thursday, reaching $107.49. The company’s stock had a trading volume of 537,845 shares, compared to its average volume of 2,269,501. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $119.32. The business has a 50 day moving average price of $111.48 and a 200-day moving average price of $110.35. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.29. The firm has a market cap of $55.50 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 3.59 and a beta of 0.66.

Aflac (NYSE:AFL) last issued its earnings results on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.12). The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.45 billion. Aflac had a return on equity of 14.35% and a net margin of 21.24%.Aflac’s quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.57 earnings per share. Sell-side analysts predict that Aflac Incorporated will post 6.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Stephens Inc. AR boosted its holdings in Aflac by 0.4% during the fourth quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider’s stock worth $2,420,000 after purchasing an additional 91 shares during the last quarter. Root Financial Partners LLC raised its position in Aflac by 4.5% during the fourth quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 92 shares in the last quarter. CENTRAL TRUST Co raised its position in Aflac by 0.5% during the fourth quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider’s stock worth $2,105,000 after acquiring an additional 95 shares in the last quarter. HBK Sorce Advisory LLC lifted its stake in Aflac by 1.2% in the fourth quarter. HBK Sorce Advisory LLC now owns 7,702 shares of the financial services provider’s stock valued at $902,000 after acquiring an additional 95 shares during the last quarter. Finally, Confluence Wealth Services Inc. grew its position in shares of Aflac by 0.8% in the 4th quarter. Confluence Wealth Services Inc. now owns 11,923 shares of the financial services provider’s stock valued at $1,315,000 after acquiring an additional 96 shares during the period. Institutional investors own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AFL. Wall Street Zen downgraded shares of Aflac from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Barclays set a $101.00 target price on shares of Aflac and gave the company an “underweight” rating in a research note on Thursday, January 8th. Wells Fargo & Company increased their price objective on Aflac from $109.00 to $118.00 and gave the company an “equal weight” rating in a report on Wednesday, February 25th. TD Cowen reiterated a “hold” rating on shares of Aflac in a research note on Monday, December 22nd. Finally, Morgan Stanley set a $120.00 price target on Aflac in a report on Monday, December 15th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $111.73.

Aflac Company 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.