OneDigital Investment Advisors LLC Buys Shares of 21,093 Aflac Incorporated $AFL

OneDigital Investment Advisors LLC purchased a new stake in shares of Aflac Incorporated (NYSE:AFL) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,093 shares of the financial services provider’s stock, valued at approximately $2,473,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stephens Inc. AR raised its holdings in Aflac by 0.4% in the 4th quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider’s stock valued at $2,420,000 after buying an additional 91 shares during the last quarter. Compound Planning Inc. grew its holdings in Aflac by 0.7% during the 1st quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider’s stock worth $1,508,000 after acquiring an additional 91 shares during the last quarter. Root Financial Partners LLC increased its position in Aflac by 4.5% in the 4th quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider’s stock valued at $234,000 after acquiring an additional 92 shares during the period. CENTRAL TRUST Co increased its position in Aflac by 0.5% in the 4th quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider’s stock valued at $2,105,000 after acquiring an additional 95 shares during the period. Finally, HBK Sorce Advisory LLC raised its stake in shares of Aflac by 1.2% during 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. 67.44% of the stock is currently owned by institutional investors.

Insider Transactions at Aflac

In other news, major shareholder Post Holdings Co. Ltd. Japan sold 27,845 shares of Aflac stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $116.71, for a total value of $3,249,789.95. Following the completion of the transaction, the insider directly owned 50,898,490 shares of the company’s stock, valued at approximately $5,940,362,767.90. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph L. Moskowitz sold 600 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $124.10, for a total value of $74,460.00. Following the completion of the transaction, the director directly owned 32,710 shares in the company, valued at $4,059,311. This represents a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 578,333 shares of company stock valued at $67,710,836. Company insiders own 0.80% of the company’s stock.

Aflac Trading Down 0.1%

NYSE:AFL opened at $121.38 on Monday. The firm’s fifty day moving average is $121.36 and its 200-day moving average is $115.86. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12. Aflac Incorporated has a 52 week low of $104.66 and a 52 week high of $130.22. The firm has a market cap of $60.85 billion, a P/E ratio of 13.01, a P/E/G ratio of 1.96 and a beta of 0.60.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.01). The firm had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. Aflac had a return on equity of 13.27% and a net margin of 26.91%.The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.78 earnings per share. Equities analysts expect that Aflac Incorporated will post 7.04 earnings per share for the current year.

Aflac Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Wednesday, August 19th. Aflac’s dividend payout ratio (DPR) is presently 26.15%.

Wall Street Analysts Forecast Growth

AFL has been the topic of a number of recent research reports. Mizuho set a $116.00 price target on shares of Aflac in a report on Monday, August 10th. TD Cowen reaffirmed a “hold” rating and set a $110.00 target price (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Jefferies Financial Group reaffirmed a “hold” rating and set a $108.00 target price (up from $100.00) on shares of Aflac in a report on Friday, July 10th. Keefe, Bruyette & Woods upped their price target on Aflac from $120.00 to $125.00 and gave the company a “market perform” rating in a research report on Tuesday, August 11th. Finally, Morgan Stanley upped their price target on Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $117.58.

About Aflac

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.