Osborn Williams & Donohoe LLC boosted its position in shares of AFLAC Incorporated (NYSE:AFL) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,349 shares of the financial services provider’s stock after buying an additional 68 shares during the period. AFLAC makes up approximately 1.1% of Osborn Williams & Donohoe LLC’s holdings, making the stock its 29th largest position. Osborn Williams & Donohoe LLC’s holdings in AFLAC were worth $5,964,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in AFL. State Street Corp raised its position in shares of AFLAC by 7.2% in the fourth quarter. State Street Corp now owns 21,353,746 shares of the financial services provider’s stock worth $1,486,224,000 after buying an additional 1,433,277 shares in the last quarter. Norges Bank bought a new stake in shares of AFLAC during the fourth quarter worth approximately $1,454,272,000. BlackRock Institutional Trust Company N.A. increased its stake in shares of AFLAC by 1.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 11,644,992 shares of the financial services provider’s stock worth $836,926,000 after buying an additional 220,924 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of AFLAC by 2.0% in the third quarter. Nordea Investment Management AB now owns 6,796,905 shares of the financial services provider’s stock worth $488,494,000 after buying an additional 131,005 shares during the last quarter. Finally, BlackRock Fund Advisors increased its stake in shares of AFLAC by 4.7% in the third quarter. BlackRock Fund Advisors now owns 5,056,892 shares of the financial services provider’s stock worth $363,439,000 after buying an additional 228,531 shares during the last quarter. 62.45% of the stock is currently owned by institutional investors and hedge funds.
AFLAC Incorporated (NYSE:AFL) traded up 0.08% during midday trading on Friday, reaching $74.23. The company’s stock had a trading volume of 1,242,897 shares. The firm’s 50-day moving average price is $72.50 and its 200-day moving average price is $70.89. The stock has a market capitalization of $29.80 billion, a PE ratio of 11.56 and a beta of 1.01. AFLAC Incorporated has a 52 week low of $66.50 and a 52 week high of $74.69.
AFLAC (NYSE:AFL) last announced its earnings results on Tuesday, January 31st. The financial services provider reported $1.54 EPS for the quarter, missing the consensus estimate of $1.63 by $0.09. The firm earned $6 billion during the quarter, compared to the consensus estimate of $5.65 billion. AFLAC had a return on equity of 13.10% and a net margin of 11.79%. The business’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.56 EPS. On average, analysts anticipate that AFLAC Incorporated will post $6.43 earnings per share for the current year.
AFL has been the topic of a number of recent research reports. Zacks Investment Research downgraded AFLAC from a “hold” rating to a “sell” rating in a research note on Tuesday, February 7th. Citigroup Inc started coverage on AFLAC in a research note on Thursday, January 26th. They issued a “neutral” rating and a $73.00 target price on the stock. Evercore ISI upgraded AFLAC from a “sell” rating to a “hold” rating in a research report on Wednesday, January 11th. Bank of America Corp upgraded AFLAC from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $75.00 to $78.00 in a research report on Thursday, April 6th. They noted that the move was a valuation call. Finally, Raymond James Financial, Inc. upgraded AFLAC from a “market perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $73.38.
In other AFLAC news, Director Robert B. Johnson sold 2,000 shares of the firm’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $70.92, for a total value of $141,840.00. Following the sale, the director now directly owns 19,281 shares in the company, valued at approximately $1,367,408.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Charles D. Lake II sold 8,693 shares of the firm’s stock in a transaction on Friday, February 17th. The stock was sold at an average price of $70.85, for a total transaction of $615,899.05. Following the completion of the sale, the insider now owns 28,756 shares in the company, valued at $2,037,362.60. The disclosure for this sale can be found here. Insiders sold a total of 52,630 shares of company stock worth $3,760,333 over the last 90 days. Company insiders own 3.90% of the company’s stock.
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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