Post Holdings Co. Ltd. Japan Sells 12,900 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,900 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $116.28, for a total value of $1,500,012.00. Following the sale, the insider owned 50,791,790 shares in the company, valued at approximately $5,906,069,341.20. This trade represents a 0.03% decrease in their ownership of the stock. 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. 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, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $118.02, for a total transaction of $1,593,270.00.
  • On Thursday, August 20th, Post Holdings Co. Ltd. Japan sold 13,100 shares of Aflac stock. The stock was sold at an average price of $116.60, for a total transaction of $1,527,460.00.
  • On Wednesday, August 19th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $117.05, for a total transaction of $1,486,535.00.
  • On Tuesday, August 18th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The shares were sold at an average price of $121.94, for a total transaction of $1,731,548.00.
  • On Monday, August 17th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The stock was sold at an average price of $121.33, for a total transaction of $1,686,487.00.
  • On Friday, August 14th, Post Holdings Co. Ltd. Japan sold 14,100 shares of Aflac stock. The shares were sold at an average price of $121.43, for a total value of $1,712,163.00.
  • On Thursday, August 13th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $121.09, for a total value of $1,574,170.00.
  • On Monday, June 22nd, Post Holdings Co. Ltd. Japan sold 27,845 shares of Aflac stock. The shares were sold at an average price of $116.71, for a total value of $3,249,789.95.
  • On Thursday, June 18th, Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock. The stock was sold at an average price of $116.92, for a total value of $385,836.00.
  • On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The shares were sold at an average price of $116.62, for a total value of $3,067,106.00.

Aflac Stock Up 1.2%

Aflac stock opened at $117.53 on Thursday. The firm has a market cap of $58.92 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 1.87 and a beta of 0.60. Aflac Incorporated has a 52-week low of $104.66 and a 52-week high of $130.22. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12. The firm has a 50 day moving average price of $121.58 and a two-hundred day moving average price of $116.21.

Aflac (NYSE:AFLGet Free Report) 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). Aflac had a return on equity of 13.27% and a net margin of 26.91%.The firm had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter last year, the company earned $1.78 earnings per share. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. Equities analysts predict that Aflac Incorporated will post 7.04 EPS for the current year.

Aflac Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, August 19th. Aflac’s payout ratio is currently 26.15%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AFL. California State Teachers Retirement System grew its holdings in shares of Aflac by 11,094.0% during the second quarter. California State Teachers Retirement System now owns 86,458,157 shares of the financial services provider’s stock valued at $10,137,219,000 after buying an additional 85,685,796 shares during the last quarter. Vanguard Group Inc. lifted its position in Aflac by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 57,142,072 shares of the financial services provider’s stock valued at $6,301,056,000 after acquiring an additional 6,759,169 shares in the last quarter. BlackRock Inc. acquired a new position in Aflac during the 2nd quarter valued at about $4,093,787,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Aflac by 27.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,201,217 shares of the financial services provider’s stock worth $609,843,000 after purchasing an additional 1,132,091 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Aflac by 1.5% in 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 purchasing an additional 67,650 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on AFL shares. Wolfe Research initiated coverage on Aflac in a report on Wednesday, August 19th. They issued an “underperform” rating and a $103.00 target price for the company. Mizuho set a $116.00 price objective on shares of Aflac in a research note on Monday, August 10th. UBS Group reissued a “neutral” rating and set a $124.00 target price (up from $114.00) on shares of Aflac in a research note on Wednesday, July 8th. JPMorgan Chase & Co. decreased their price target on shares of Aflac from $117.00 to $116.00 and set a “neutral” rating for the company in a research note on Tuesday, August 11th. Finally, TD Cowen reissued a “hold” rating and set a $110.00 price objective (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Aflac has an average rating of “Hold” and an average price target of $116.62.

Read Our Latest Research Report on Aflac

Aflac Company Profile

(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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Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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