AFLAC Incorporated (AFL) Shares Bought by Mackenzie Financial Corp
Mackenzie Financial Corp raised its stake in AFLAC Incorporated (NYSE:AFL) by 33.0% during the fourth quarter, Holdings Channel reports. The firm owned 12,647 shares of the financial services provider’s stock after purchasing an additional 3,139 shares during the period. Mackenzie Financial Corp’s holdings in AFLAC were worth $1,110,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mutual of America Capital Management LLC boosted its holdings in shares of AFLAC by 1.2% in the 4th quarter. Mutual of America Capital Management LLC now owns 48,300 shares of the financial services provider’s stock valued at $4,240,000 after purchasing an additional 585 shares during the last quarter. Intrust Bank NA boosted its holdings in shares of AFLAC by 4.8% in the 3rd quarter. Intrust Bank NA now owns 13,404 shares of the financial services provider’s stock valued at $1,091,000 after purchasing an additional 617 shares during the last quarter. Somerset Trust Co boosted its holdings in shares of AFLAC by 2.6% in the 4th quarter. Somerset Trust Co now owns 24,941 shares of the financial services provider’s stock valued at $2,190,000 after purchasing an additional 641 shares during the last quarter. GWM Advisors LLC boosted its holdings in shares of AFLAC by 8.5% in the 4th quarter. GWM Advisors LLC now owns 8,469 shares of the financial services provider’s stock valued at $762,000 after purchasing an additional 667 shares during the last quarter. Finally, Lingohr & Partner Asset Management GmbH raised its stake in shares of AFLAC by 2.7% in the 4th quarter. Lingohr & Partner Asset Management GmbH now owns 26,652 shares of the financial services provider’s stock valued at $2,339,000 after acquiring an additional 695 shares during the period. Institutional investors own 67.44% of the company’s stock.
In related news, VP James Todd Daniels sold 1,430 shares of AFLAC stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $87.11, for a total transaction of $124,567.30. Following the sale, the vice president now owns 12,708 shares of the company’s stock, valued at approximately $1,106,993.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Masatoshi Koide sold 6,250 shares of AFLAC stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $88.00, for a total transaction of $550,000.00. Following the sale, the chief operating officer now directly owns 25,037 shares in the company, valued at approximately $2,203,256. The disclosure for this sale can be found here. Insiders have sold a total of 43,921 shares of company stock worth $3,913,315 in the last ninety days. 3.00% of the stock is currently owned by insiders.
Shares of AFLAC Incorporated (AFL) opened at $91.68 on Friday. AFLAC Incorporated has a one year low of $70.64 and a one year high of $91.73. The stock has a market cap of $35,726.14, a price-to-earnings ratio of 8.33, a P/E/G ratio of 2.39 and a beta of 0.96. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.22.
AFLAC shares are scheduled to split on Monday, March 19th. The 2-1 split was announced on Tuesday, February 13th. The newly minted shares will be issued to shareholders after the closing bell on Friday, March 16th.
AFLAC (NYSE:AFL) last released its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.55 by $0.05. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. The firm had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The firm’s quarterly revenue was down 8.9% on a year-over-year basis. analysts expect that AFLAC Incorporated will post 7.68 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Wednesday, February 21st were paid a dividend of $0.52 per share. This is an increase from AFLAC’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $2.08 annualized dividend and a yield of 2.27%. AFLAC’s payout ratio is 18.89%.
ILLEGAL ACTIVITY NOTICE: “AFLAC Incorporated (AFL) Shares Bought by Mackenzie Financial Corp” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2018/03/11/aflac-incorporated-afl-shares-bought-by-mackenzie-financial-corp.html.
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.
Want to see what other hedge funds are holding AFL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AFLAC Incorporated (NYSE:AFL).
Receive News & Ratings for AFLAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AFLAC and related companies with MarketBeat.com's FREE daily email newsletter.