Post Holdings Co. Ltd. Japan Sells 19,600 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 19,600 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $109.85, for a total value of $2,153,060.00. Following the completion of the sale, the insider owned 51,954,900 shares of the company’s stock, valued at approximately $5,707,245,765. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 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 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 transaction of $1,519,826.00.
• On Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The stock was sold at an average price of $106.78, for a total transaction 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 transaction of $1,788,696.00.
• On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The shares were sold at an average price of $107.41, for a total transaction 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 stock was 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.
• On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were sold at an average price of $109.60, for a total value of $1,961,840.00.
• On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The stock was sold at an average price of $109.53, for a total value of $1,982,493.00.
• On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The shares were sold at an average price of $110.47, for a total transaction of $2,098,930.00.

Aflac Trading Up 0.0%

NYSE AFL opened at $110.51 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market capitalization of $56.93 billion, a P/E ratio of 16.06, a PEG ratio of 3.62 and a beta of 0.66. The firm’s 50-day moving average is $111.25 and its two-hundred day moving average is $110.41. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.32.

Aflac (NYSE:AFL) last announced its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.12). The company had revenue of $4.28 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.57 earnings per share. On average, sell-side analysts anticipate that Aflac Incorporated will post 6.88 earnings per share for the current year.

Hedge Funds Weigh In On Aflac

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC increased its holdings in shares of Aflac by 10.4% in the 3rd quarter. ProShare Advisors LLC now owns 1,731,482 shares of the financial services provider’s stock valued at $193,407,000 after acquiring an additional 163,791 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Aflac by 126.1% during the third quarter. Wedbush Securities Inc. now owns 21,345 shares of the financial services provider’s stock worth $2,384,000 after purchasing an additional 11,903 shares during the last quarter. Nordea Investment Management AB lifted its stake in Aflac by 5.5% during the fourth quarter. Nordea Investment Management AB now owns 1,866,471 shares of the financial services provider’s stock worth $206,712,000 after purchasing an additional 97,766 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Aflac by 12.0% in the third quarter. Jones Financial Companies Lllp now owns 97,344 shares of the financial services provider’s stock valued at $10,841,000 after purchasing an additional 10,423 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Aflac by 31.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 55,022 shares of the financial services provider’s stock valued at $6,146,000 after purchasing an additional 13,017 shares during the last quarter. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Wall Street Analyst Weigh In

AFL has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price target on Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. TD Cowen restated a “hold” rating on shares of Aflac in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aflac in a research report on Monday, December 22nd. Wells Fargo & Company increased their price target on shares of Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. Finally, Wall Street Zen cut shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Aflac currently has a consensus rating of “Hold” and a consensus price target 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.