Somewhat Favorable News Coverage Somewhat Unlikely to Impact AFLAC (AFL) Share Price
News stories about AFLAC (NYSE:AFL) have been trending somewhat positive on Friday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AFLAC earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.2379992344474 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- The sentiment expressed by investors: New Residential Investment Corp. (NRZ), Aflac Incorporated (AFL) – Market Movers (financialqz.com)
- Insider Selling: AFLAC Incorporated (AFL) President Sells 6,057 Shares of Stock (americanbankingnews.com)
- The RNC spends $170,000 to elect another accused sexual predator (thinkprogress.org)
- Equities Analysts Issue Forecasts for AFLAC Incorporated’s Q4 2017 Earnings (AFL) (americanbankingnews.com)
- Aflac Incorporated to Webcast, Live, at VirtualInvestorConferences.com December 7 – Markets Insider (markets.businessinsider.com)
AFLAC (NYSE:AFL) traded up $0.22 on Friday, reaching $88.16. The company had a trading volume of 1,419,637 shares, compared to its average volume of 1,775,662. AFLAC has a one year low of $66.50 and a one year high of $88.74. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.24. The stock has a market cap of $34,570.00, a PE ratio of 13.00, a P/E/G ratio of 2.59 and a beta of 1.02.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were issued a dividend of $0.45 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.80 dividend on an annualized basis and a yield of 2.04%. This is a boost from AFLAC’s previous quarterly dividend of $0.43. AFLAC’s payout ratio is presently 26.12%.
A number of analysts have issued reports on the company. Zacks Investment Research raised AFLAC from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a research note on Thursday, September 21st. B. Riley reiterated a “neutral” rating on shares of AFLAC in a report on Monday, November 6th. Barclays lifted their target price on AFLAC from $73.00 to $79.00 and gave the stock an “equal weight” rating in a report on Friday, August 11th. Royal Bank Of Canada reiterated a “sell” rating and issued a $71.00 target price on shares of AFLAC in a report on Tuesday, October 10th. Finally, Goldman Sachs Group assumed coverage on AFLAC in a report on Wednesday, October 18th. They issued a “neutral” rating and a $88.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. AFLAC presently has an average rating of “Hold” and an average price target of $79.79.
In other AFLAC news, President Kriss Cloninger III sold 25,000 shares of AFLAC stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $83.83, for a total transaction of $2,095,750.00. Following the completion of the sale, the president now directly owns 298,646 shares of the company’s stock, valued at approximately $25,035,494.18. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Audrey B. Tillman sold 310 shares of AFLAC stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $83.57, for a total value of $25,906.70. Following the sale, the insider now directly owns 41,937 shares of the company’s stock, valued at $3,504,675.09. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,766 shares of company stock valued at $2,936,060. 3.00% of the stock is owned by company insiders.
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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