Post Holdings Co. Ltd. Japan Sells 24,200 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 24,200 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $110.45, for a total value of $2,672,890.00. Following the transaction, the insider owned 51,889,100 shares of the company’s stock, valued at $5,731,151,095. The trade was a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 Monday, April 6th, Post Holdings Co. Ltd. Japan sold 21,500 shares of Aflac stock. The stock was sold at an average price of $110.34, for a total value of $2,372,310.00.
• On Thursday, April 2nd, Post Holdings Co. Ltd. Japan sold 20,100 shares of Aflac stock. The stock was sold at an average price of $110.20, for a total value of $2,215,020.00.
• On Wednesday, April 1st, Post Holdings Co. Ltd. Japan sold 19,600 shares of Aflac stock. The shares were sold at an average price of $109.85, for a total value of $2,153,060.00.
• On Wednesday, March 25th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The shares were sold at an average price of $107.03, for a total value of $1,519,826.00.
• On Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $106.78, for a total value of $1,601,700.00.
• On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The shares were sold at an average price of $106.47, for a total value of $1,788,696.00.
• On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The stock was sold at an average price of $107.41, for a total value of $1,084,841.00.
• On Wednesday, March 18th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The shares were sold at an average price of $108.43, for a total value of $1,322,846.00.
• On Tuesday, March 17th, Post Holdings Co. Ltd. Japan sold 15,700 shares of Aflac stock. The shares were sold at an average price of $109.77, for a total value of $1,723,389.00.
• On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The shares were sold at an average price of $109.14, for a total value of $1,899,036.00.

Aflac Trading Up 0.0%

Shares of Aflac stock traded up $0.05 during midday trading on Thursday, reaching $113.05. 236,898 shares of the company’s stock traded hands, compared to its average volume of 2,338,582. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $58.24 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 3.62 and a beta of 0.66. The stock has a 50 day moving average of $111.39 and a 200-day moving average of $110.47. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.32.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AFL. True Wealth Design LLC lifted its holdings in shares of Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 147 shares in the last quarter. Quarry LP bought a new position in shares of Aflac during the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Aflac during the fourth quarter valued at $29,000. Navalign LLC bought a new position in Aflac in the fourth quarter valued at about $32,000. Finally, Darwin Wealth Management LLC bought a new position in Aflac in the second quarter valued at about $33,000. 67.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AFL. Keefe, Bruyette & Woods restated a “hold” rating and set a $113.00 price target on shares of Aflac in a research report on Thursday, March 26th. Piper Sandler raised Aflac to a “strong-buy” rating in a research note on Thursday, April 2nd. Morgan Stanley set a $120.00 target price on Aflac in a research note on Monday, December 15th. Wells Fargo & Company increased their target price on Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. increased their target price on Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Aflac presently has a consensus rating of “Hold” and an average target price of $112.00.

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.