Rowland & Co. Investment Counsel ADV increased its holdings in AFLAC Incorporated (NYSE:AFL) by 0.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,355 shares of the financial services provider’s stock after acquiring an additional 205 shares during the quarter. Rowland & Co. Investment Counsel ADV’s holdings in AFLAC were worth $2,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of AFL. Vanguard Group Inc. increased its stake in AFLAC by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 66,738,143 shares of the financial services provider’s stock valued at $3,141,364,000 after purchasing an additional 505,341 shares in the last quarter. Vanguard Group Inc increased its stake in AFLAC by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 66,738,143 shares of the financial services provider’s stock valued at $3,141,364,000 after purchasing an additional 505,341 shares in the last quarter. BlackRock Inc. increased its stake in AFLAC by 3.1% during the 4th quarter. BlackRock Inc. now owns 51,647,878 shares of the financial services provider’s stock valued at $2,353,074,000 after purchasing an additional 1,557,905 shares in the last quarter. Geode Capital Management LLC increased its stake in AFLAC by 7.5% during the 4th quarter. Geode Capital Management LLC now owns 10,367,524 shares of the financial services provider’s stock valued at $471,555,000 after purchasing an additional 724,613 shares in the last quarter. Finally, LSV Asset Management increased its stake in AFLAC by 0.4% during the 4th quarter. LSV Asset Management now owns 6,110,739 shares of the financial services provider’s stock valued at $278,405,000 after purchasing an additional 21,722 shares in the last quarter. Institutional investors own 68.46% of the company’s stock.

Shares of NYSE AFL traded up $0.19 during trading on Wednesday, reaching $49.23. 1,610,769 shares of the company traded hands, compared to its average volume of 3,372,937. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.25. The company has a market cap of $36.70 billion, a PE ratio of 11.83, a PEG ratio of 3.39 and a beta of 0.79. AFLAC Incorporated has a 52-week low of $41.45 and a 52-week high of $50.66.

AFLAC (NYSE:AFL) last announced its quarterly earnings results on Thursday, January 31st. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.08. The firm had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $5.47 billion. AFLAC had a net margin of 13.42% and a return on equity of 13.62%. As a group, equities research analysts anticipate that AFLAC Incorporated will post 4.22 EPS for the current fiscal year.

A number of research firms have weighed in on AFL. Zacks Investment Research lowered shares of AFLAC from a “buy” rating to a “hold” rating in a research note on Wednesday, December 12th. ValuEngine downgraded shares of AFLAC from a “hold” rating to a “sell” rating in a report on Friday, March 1st. SunTrust Banks raised their price target on shares of AFLAC to $48.00 and gave the company a “hold” rating in a report on Monday, February 4th. Finally, JPMorgan Chase & Co. downgraded shares of AFLAC from an “overweight” rating to a “neutral” rating and set a $51.00 price target on the stock. in a report on Wednesday, January 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. AFLAC currently has an average rating of “Hold” and a consensus price target of $48.67.

In related news, insider Audrey B. Tillman sold 2,100 shares of the firm’s stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of $48.71, for a total value of $102,291.00. Following the transaction, the insider now owns 105,017 shares of the company’s stock, valued at $5,115,378.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Teresa L. White sold 12,338 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $49.06, for a total transaction of $605,302.28. Following the completion of the transaction, the insider now directly owns 56,343 shares in the company, valued at approximately $2,764,187.58. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 89,244 shares of company stock worth $4,363,557. Insiders own 1.30% of the company’s stock.

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About AFLAC

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides voluntary supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.

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Institutional Ownership by Quarter for AFLAC (NYSE:AFL)

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