AFLAC Incorporated (NYSE:AFL) Shares Bought by Cim LLC

Cim LLC lifted its holdings in AFLAC Incorporated (NYSE:AFL) by 7.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,911 shares of the financial services provider’s stock after acquiring an additional 455 shares during the quarter. Cim LLC’s holdings in AFLAC were worth $315,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. IMS Capital Management acquired a new stake in AFLAC in the 3rd quarter worth approximately $35,000. Vigilant Capital Management LLC acquired a new position in shares of AFLAC during the fourth quarter worth approximately $39,000. Mackey Komara & Dankovich LLC acquired a new position in shares of AFLAC during the fourth quarter worth approximately $64,000. Legacy Financial Advisors Inc. lifted its holdings in shares of AFLAC by 128.8% during the fourth quarter. Legacy Financial Advisors Inc. now owns 1,501 shares of the financial services provider’s stock worth $68,000 after buying an additional 845 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of AFLAC during the third quarter valued at approximately $104,000. Hedge funds and other institutional investors own 67.14% of the company’s stock.

Several analysts have recently commented on AFL shares. Morgan Stanley decreased their target price on AFLAC from $48.00 to $46.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 13th. ValuEngine lowered AFLAC from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 1st. Zacks Investment Research raised AFLAC from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Tuesday, December 11th. JPMorgan Chase & Co. downgraded AFLAC from an “overweight” rating to a “neutral” rating and set a $51.00 price target for the company. in a report on Wednesday, January 2nd. Finally, SunTrust Banks increased their price objective on AFLAC to $48.00 and gave the stock a “hold” rating in a report on Monday, February 4th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $48.42.

In other news, VP Richard Williams, Jr. sold 1,129 shares of AFLAC stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $43.97, for a total value of $49,642.13. Following the transaction, the vice president now owns 14,577 shares in the company, valued at approximately $640,950.69. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James Todd Daniels sold 3,400 shares of AFLAC stock in a transaction on Friday, December 21st. The shares were sold at an average price of $44.14, for a total value of $150,076.00. Following the completion of the transaction, the insider now owns 11,394 shares in the company, valued at approximately $502,931.16. The disclosure for this sale can be found here. In the last quarter, insiders sold 31,649 shares of company stock worth $1,493,613. Corporate insiders own 1.70% of the company’s stock.

Shares of NYSE AFL opened at $49.02 on Thursday. The firm has a market capitalization of $36.58 billion, a price-to-earnings ratio of 11.78, a P/E/G ratio of 3.33 and a beta of 0.78. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.25. AFLAC Incorporated has a fifty-two week low of $41.45 and a fifty-two week high of $49.35.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Wednesday, February 20th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, February 19th. This is a boost from AFLAC’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 2.20%. AFLAC’s payout ratio is currently 25.00%.

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AFLAC Profile

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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