4,659 Shares in Aflac Incorporated $AFL Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new position in shares of Aflac Incorporated (NYSE:AFL) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 4,659 shares of the financial services provider’s stock, valued at approximately $514,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Focus Partners Wealth increased its holdings in Aflac by 102.8% during the 4th quarter. Focus Partners Wealth now owns 114,799 shares of the financial services provider’s stock valued at $12,661,000 after purchasing an additional 58,202 shares in the last quarter. Landscape Capital Management L.L.C. increased its holdings in Aflac by 29.7% during the 4th quarter. Landscape Capital Management L.L.C. now owns 19,723 shares of the financial services provider’s stock valued at $2,175,000 after purchasing an additional 4,511 shares in the last quarter. Eventide Asset Management LLC increased its holdings in Aflac by 5.7% during the 4th quarter. Eventide Asset Management LLC now owns 11,774 shares of the financial services provider’s stock valued at $1,305,000 after purchasing an additional 631 shares in the last quarter. Barclays PLC increased its holdings in Aflac by 15.1% during the 4th quarter. Barclays PLC now owns 1,292,807 shares of the financial services provider’s stock valued at $142,558,000 after purchasing an additional 169,637 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Aflac by 474.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 592,176 shares of the financial services provider’s stock valued at $65,299,000 after purchasing an additional 489,072 shares in the last quarter. 67.44% of the stock is owned by institutional investors and hedge funds.

Aflac Stock Down 0.8%

NYSE AFL opened at $116.88 on Tuesday. The stock has a fifty day moving average of $114.81 and a 200-day moving average of $112.04. The stock has a market capitalization of $59.49 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 2.06 and a beta of 0.61. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.81. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11.

Aflac (NYSE:AFL) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). Aflac had a return on equity of 13.88% and a net margin of 25.60%.The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the firm earned $1.66 earnings per share. The firm’s revenue for the quarter was up 27.9% on a year-over-year basis. On average, equities research analysts forecast that Aflac Incorporated will post 7.08 EPS for the current year.

Aflac Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 20th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac’s payout ratio is 27.70%.

Insider Activity at Aflac

In related news, major shareholder Post Holdings Co. Ltd. Japan sold 48,500 shares of Aflac stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $117.20, for a total transaction of $5,684,200.00. Following the completion of the sale, the insider directly owned 51,067,735 shares of the company’s stock, valued at $5,985,138,542. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 969,156 shares of company stock worth $110,980,345 over the last ninety days. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AFL has been the subject of a number of recent analyst reports. Weiss Ratings cut Aflac from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 29th. Wells Fargo & Company dropped their price target on Aflac from $116.00 to $111.00 and set an “equal weight” rating for the company in a report on Tuesday, May 5th. Wall Street Zen raised Aflac from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Morgan Stanley raised their price target on Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Finally, Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Aflac currently has an average rating of “Hold” and a consensus price target of $112.27.

Aflac 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.