Financial Architects Inc lifted its position in shares of AFLAC Incorporated (NYSE:AFL) by 26.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,703 shares of the financial services provider’s stock after purchasing an additional 1,600 shares during the quarter. Financial Architects Inc’s holdings in AFLAC were worth $264,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Solstein Capital LLC purchased a new stake in AFLAC in the 4th quarter valued at $26,000. NWK Group Inc. purchased a new stake in AFLAC in the 4th quarter valued at $26,000. Atticus Wealth Management LLC purchased a new stake in AFLAC in the 4th quarter valued at $34,000. S.A. Mason LLC purchased a new stake in AFLAC in the 4th quarter valued at $40,000. Finally, Liberty Wealth Management LLC raised its position in AFLAC by 858.5% in the 4th quarter. Liberty Wealth Management LLC now owns 786 shares of the financial services provider’s stock valued at $41,000 after buying an additional 704 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

In other AFLAC news, COO Frederick John Crawford purchased 25,000 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of $28.69 per share, with a total value of $717,250.00. Following the acquisition, the chief operating officer now directly owns 247,828 shares in the company, valued at approximately $7,110,185.32. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Charles D. Lake II sold 16,530 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $51.81, for a total value of $856,419.30. Following the completion of the sale, the director now directly owns 115,518 shares in the company, valued at approximately $5,984,987.58. The disclosure for this sale can be found here. 1.40% of the stock is owned by company insiders.

A number of research analysts have issued reports on AFL shares. Zacks Investment Research downgraded AFLAC from a “buy” rating to a “hold” rating and set a $37.00 price objective for the company. in a research note on Tuesday, April 7th. Credit Suisse Group reduced their price objective on AFLAC from $45.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Royal Bank of Canada upgraded AFLAC from an “underperform” rating to a “sector perform” rating and reduced their price objective for the company from $46.00 to $35.00 in a research note on Friday, March 20th. Bank of America restated a “hold” rating and issued a $56.00 price objective on shares of AFLAC in a research note on Thursday, January 23rd. Finally, Piper Sandler reduced their price objective on AFLAC from $47.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, April 3rd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $45.51.

NYSE AFL traded up $0.23 during trading hours on Friday, hitting $32.99. The company had a trading volume of 10,064,045 shares, compared to its average volume of 4,451,878. AFLAC Incorporated has a 52 week low of $23.07 and a 52 week high of $57.18. The firm has a 50 day simple moving average of $35.60 and a 200 day simple moving average of $46.40. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.05 and a current ratio of 0.05. The firm has a market capitalization of $25.43 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.67 and a beta of 0.90.

AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.10 by $0.11. AFLAC had a return on equity of 11.84% and a net margin of 13.49%. The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.49 billion. During the same quarter last year, the company earned $1.12 EPS. The firm’s revenue was down 8.8% compared to the same quarter last year. On average, research analysts forecast that AFLAC Incorporated will post 4.33 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be paid a $0.28 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $1.12 annualized dividend and a yield of 3.39%. AFLAC’s dividend payout ratio is currently 25.23%.

AFLAC Profile

Aflac Incorporated, through its subsidiaries, 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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