Cetera Advisors LLC Has $744,000 Holdings in AFLAC Incorporated (NYSE:AFL)

Cetera Advisors LLC cut its holdings in AFLAC Incorporated (NYSE:AFL) by 4.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,372 shares of the financial services provider’s stock after selling 709 shares during the period. Cetera Advisors LLC’s holdings in AFLAC were worth $744,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AXA grew its position in AFLAC by 14.1% in the 3rd quarter. AXA now owns 47,842 shares of the financial services provider’s stock worth $2,252,000 after purchasing an additional 5,922 shares during the last quarter. FDx Advisors Inc. lifted its holdings in AFLAC by 8.6% during the 3rd quarter. FDx Advisors Inc. now owns 26,976 shares of the financial services provider’s stock valued at $1,270,000 after purchasing an additional 2,132 shares during the last quarter. Panagora Asset Management Inc. lifted its holdings in AFLAC by 8.7% during the 3rd quarter. Panagora Asset Management Inc. now owns 44,043 shares of the financial services provider’s stock valued at $2,073,000 after purchasing an additional 3,520 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in AFLAC by 3.0% during the 3rd quarter. Baird Financial Group Inc. now owns 245,677 shares of the financial services provider’s stock valued at $11,586,000 after purchasing an additional 7,077 shares during the last quarter. Finally, United Services Automobile Association lifted its holdings in AFLAC by 12.9% during the 3rd quarter. United Services Automobile Association now owns 390,468 shares of the financial services provider’s stock valued at $18,379,000 after purchasing an additional 44,469 shares during the last quarter. Institutional investors own 68.46% of the company’s stock.

Shares of AFL traded down $0.12 on Friday, reaching $48.92. 4,271,915 shares of the company’s stock were exchanged, compared to its average volume of 3,296,799. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market cap of $36.63 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.79. AFLAC Incorporated has a 12 month low of $41.45 and a 12 month high of $50.66.

AFLAC (NYSE:AFL) last posted its quarterly earnings results on Thursday, January 31st. The financial services provider reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.08. The business had revenue of $5.48 billion during 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, analysts expect that AFLAC Incorporated will post 4.23 EPS for the current year.

In other news, insider Teresa L. White sold 12,338 shares of the company’s stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $49.06, for a total value of $605,302.28. Following the completion of the transaction, the insider now owns 56,343 shares in the company, valued at $2,764,187.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Masatoshi Koide sold 29,008 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $49.75, for a total transaction of $1,443,148.00. Following the transaction, the insider now owns 64,512 shares of the company’s stock, valued at approximately $3,209,472. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,244 shares of company stock valued at $4,363,557. 1.30% of the stock is currently owned by insiders.

Several equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of AFLAC from a “sell” rating to a “hold” rating in a report on Friday, April 12th. ValuEngine downgraded shares of AFLAC from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. SunTrust Banks boosted their target price on shares of AFLAC to $48.00 and gave the stock a “hold” rating in a research note 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 for the company. in a research note on Wednesday, January 2nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $48.67.

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About AFLAC

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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