Post Holdings Co. Ltd. Japan Sells 3,300 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 3,300 shares of Aflac stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $116.92, for a total transaction of $385,836.00. Following the completion of the sale, the insider directly owned 50,926,335 shares in the company, valued at $5,954,307,088.20. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Post Holdings Co. Ltd. Japan also recently made the following trade(s):

• On Wednesday, June 17th, Post Holdings Co. Ltd. Japan sold 26,300 shares of Aflac stock. The shares were sold at an average price of $116.62, for a total value of $3,067,106.00.
• On Tuesday, June 16th, Post Holdings Co. Ltd. Japan sold 30,000 shares of Aflac stock. The shares were sold at an average price of $117.39, for a total value of $3,521,700.00.
• On Monday, June 15th, Post Holdings Co. Ltd. Japan sold 28,800 shares of Aflac stock. The shares were sold at an average price of $117.17, for a total value of $3,374,496.00.
• On Friday, June 12th, Post Holdings Co. Ltd. Japan sold 53,000 shares of Aflac stock. The shares were sold at an average price of $117.74, for a total value of $6,240,220.00.
• On Thursday, June 11th, Post Holdings Co. Ltd. Japan sold 48,500 shares of Aflac stock. The stock was sold at an average price of $117.20, for a total value of $5,684,200.00.
• On Wednesday, June 10th, Post Holdings Co. Ltd. Japan sold 26,500 shares of Aflac stock. The stock was sold at an average price of $117.00, for a total value of $3,100,500.00.
• On Tuesday, June 9th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.43, for a total value of $1,477,504.00.
• On Monday, June 8th, Post Holdings Co. Ltd. Japan sold 13,900 shares of Aflac stock. The shares were sold at an average price of $116.05, for a total transaction of $1,613,095.00.
• On Friday, June 5th, Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock. The stock was sold at an average price of $118.12, for a total transaction of $7,441,560.00.
• On Wednesday, June 3rd, Post Holdings Co. Ltd. Japan sold 16,300 shares of Aflac stock. The stock was sold at an average price of $115.19, for a total transaction of $1,877,597.00.

Aflac Stock Performance

Shares of NYSE AFL traded up $1.32 during midday trading on Tuesday, hitting $117.87. The company’s stock had a trading volume of 266,152 shares, compared to its average volume of 2,434,137. The stock has a fifty day moving average price of $115.29 and a 200 day moving average price of $112.26. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.81. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $59.99 billion, a price-to-earnings ratio of 13.37, a P/E/G ratio of 2.02 and a beta of 0.61.

Aflac (NYSE:AFL) last announced its quarterly earnings results 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). The business had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. On average, research analysts forecast that Aflac Incorporated will post 7.08 EPS for the current fiscal year.

Aflac Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Sapient Capital LLC purchased a new stake in shares of Aflac in the first quarter worth $305,000. Western Wealth Management LLC grew its position in Aflac by 409.3% during the first quarter. Western Wealth Management LLC now owns 11,881 shares of the financial services provider’s stock worth $1,303,000 after buying an additional 9,548 shares in the last quarter. Empowered Funds LLC grew its position in Aflac by 47.2% during the first quarter. Empowered Funds LLC now owns 65,296 shares of the financial services provider’s stock worth $7,164,000 after buying an additional 20,939 shares in the last quarter. DV Trading LLC increased its stake in Aflac by 450.0% in the 1st quarter. DV Trading LLC now owns 2,200 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in Aflac by 1.3% in the 1st quarter. Parallel Advisors LLC now owns 10,284 shares of the financial services provider’s stock worth $1,128,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 67.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AFL shares. Morgan Stanley lifted their price target on Aflac from $120.00 to $125.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Wells Fargo & Company dropped their price objective on Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. Wall Street Zen upgraded Aflac from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, April 9th. Finally, Weiss Ratings raised shares of Aflac from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $112.27.

About Aflac

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.