Uptick Partners LLC Purchases Shares of 8,345 Aflac Incorporated $AFL

Uptick Partners LLC acquired a new position in Aflac Incorporated (NYSE:AFLFree Report) during the 4th quarter, Holdings Channel reports. The firm acquired 8,345 shares of the financial services provider’s stock, valued at approximately $920,000.

Other large investors also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its holdings in Aflac by 188.5% in the 3rd quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 147 shares during the period. Darwin Wealth Management LLC bought a new position in shares of Aflac in the second quarter worth about $33,000. Activest Wealth Management lifted its position in shares of Aflac by 95.6% during the 4th quarter. Activest Wealth Management now owns 311 shares of the financial services provider’s stock valued at $34,000 after buying an additional 152 shares in the last quarter. Westside Investment Management Inc. grew its stake in shares of Aflac by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 324 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 162 shares during the period. Finally, Board of the Pension Protection Fund purchased a new stake in Aflac in the 4th quarter worth approximately $44,000. 67.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Barclays set a $99.00 price target on Aflac and gave the stock an “underweight” rating in a research note on Thursday. Mizuho set a $102.00 price objective on Aflac and gave the stock an “underperform” rating in a research note on Monday, April 13th. Wells Fargo & Company decreased their target price on Aflac from $118.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Finally, Evercore raised shares of Aflac from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $111.64.

Read Our Latest Analysis on Aflac

Aflac News Summary

Here are the key news stories impacting Aflac this week:

Insider Activity

In related news, major shareholder Post Holdings Co. Ltd. Japan sold 86,155 shares of the stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $113.24, for a total value of $9,756,192.20. Following the completion of the transaction, the insider owned 51,636,945 shares of the company’s stock, valued at approximately $5,847,367,651.80. This trade represents a 0.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 572,632 shares of company stock worth $63,514,634. 0.80% of the stock is currently owned by corporate insiders.

Aflac Stock Performance

NYSE:AFL opened at $113.62 on Friday. The company has a market cap of $58.53 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 3.19 and a beta of 0.66. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.32. The stock’s 50 day simple moving average is $111.37 and its two-hundred day simple moving average is $110.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11.

Aflac (NYSE:AFLGet Free Report) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 14.07%. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period last year, the business posted $1.66 earnings per share. As a group, equities analysts anticipate that Aflac Incorporated will post 7.27 earnings per share for the current fiscal 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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