Post Holdings Co. Ltd. Japan Sells 18,000 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 18,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $117.03, for a total transaction of $2,106,540.00. Following the completion of the sale, the insider directly owned 51,313,545 shares of the company’s stock, valued at $6,005,224,171.35. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Wednesday, May 27th, Post Holdings Co. Ltd. Japan sold 11,400 shares of Aflac stock. The stock was sold at an average price of $115.50, for a total transaction of $1,316,700.00.
  • On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The stock was sold at an average price of $117.78, for a total transaction of $3,662,958.00.
  • On Thursday, May 21st, Post Holdings Co. Ltd. Japan sold 30,400 shares of Aflac stock. The stock was sold at an average price of $117.61, for a total transaction of $3,575,344.00.
  • On Wednesday, May 20th, Post Holdings Co. Ltd. Japan sold 31,600 shares of Aflac stock. The stock was sold at an average price of $117.66, for a total transaction of $3,718,056.00.
  • On Tuesday, May 19th, Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock. The stock was sold at an average price of $118.80, for a total transaction of $5,940,000.00.
  • On Monday, May 18th, Post Holdings Co. Ltd. Japan sold 41,700 shares of Aflac stock. The stock was sold at an average price of $118.45, for a total transaction of $4,939,365.00.
  • On Friday, May 15th, Post Holdings Co. Ltd. Japan sold 23,500 shares of Aflac stock. The stock was sold at an average price of $116.85, for a total transaction of $2,745,975.00.
  • On Thursday, May 14th, Post Holdings Co. Ltd. Japan sold 24,500 shares of Aflac stock. The stock was sold at an average price of $116.42, for a total transaction of $2,852,290.00.
  • On Wednesday, May 13th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The stock was sold at an average price of $115.36, for a total transaction of $2,791,712.00.
  • On Tuesday, May 12th, Post Holdings Co. Ltd. Japan sold 24,300 shares of Aflac stock. The stock was sold at an average price of $115.97, for a total transaction of $2,818,071.00.

Aflac Trading Down 0.2%

NYSE:AFL opened at $112.37 on Friday. The stock’s 50 day moving average price is $113.08 and its 200 day moving average price is $111.78. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.81. The company has a market capitalization of $57.20 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.97 and a beta of 0.62. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11.

Aflac (NYSE:AFLGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.80 by ($0.05). Aflac had a net margin of 25.60% and a return on equity of 13.88%. The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the business earned $1.66 EPS. The company’s revenue for the quarter was up 27.9% on a year-over-year basis. On average, research analysts forecast that Aflac Incorporated will post 7.08 EPS for the current fiscal year.

Aflac Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, May 20th. Aflac’s dividend payout ratio is currently 27.70%.

Trending Headlines about Aflac

Here are the key news stories impacting Aflac this week:

Institutional Trading of Aflac

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AFL. Vanguard Group Inc. boosted its holdings in Aflac by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 57,142,072 shares of the financial services provider’s stock worth $6,301,056,000 after buying an additional 6,759,169 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Aflac by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 4,550,855 shares of the financial services provider’s stock worth $499,216,000 after buying an additional 67,650 shares during the last quarter. Legal & General Group Plc boosted its holdings in Aflac by 0.3% during the third quarter. Legal & General Group Plc now owns 3,926,777 shares of the financial services provider’s stock worth $438,621,000 after buying an additional 13,666 shares during the last quarter. Norges Bank bought a new position in Aflac during the fourth quarter worth about $420,078,000. Finally, Amundi boosted its holdings in Aflac by 22.6% during the first quarter. Amundi now owns 3,268,209 shares of the financial services provider’s stock worth $358,555,000 after buying an additional 603,426 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AFL has been the subject of several research reports. Wall Street Zen raised Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Mizuho set a $104.00 target price on Aflac in a research report on Monday, May 4th. Wells Fargo & Company reduced their target price on Aflac from $116.00 to $111.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 5th. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Finally, UBS Group reduced their target price on Aflac from $116.00 to $114.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $112.27.

Read Our Latest Research Report on Aflac

About Aflac

(Get 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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