O Brien Greene & Co. Inc purchased a new position in shares of AFLAC Incorporated (NYSE:AFL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,222 shares of the financial services provider’s stock, valued at approximately $1,195,000.
Several other large investors have also modified their holdings of the company. AXA increased its stake in AFLAC by 14.1% in the third quarter. AXA now owns 47,842 shares of the financial services provider’s stock valued at $2,252,000 after purchasing an additional 5,922 shares in the last quarter. FDx Advisors Inc. grew its holdings in shares of AFLAC by 8.6% during the third quarter. FDx Advisors Inc. now owns 26,976 shares of the financial services provider’s stock valued at $1,270,000 after buying an additional 2,132 shares during the last quarter. Panagora Asset Management Inc. grew its holdings in shares of AFLAC by 8.7% during the third quarter. Panagora Asset Management Inc. now owns 44,043 shares of the financial services provider’s stock valued at $2,073,000 after buying an additional 3,520 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of AFLAC by 3.0% during the third quarter. Baird Financial Group Inc. now owns 245,677 shares of the financial services provider’s stock valued at $11,586,000 after buying an additional 7,077 shares during the last quarter. Finally, United Services Automobile Association grew its holdings in shares of AFLAC by 12.9% during the third quarter. United Services Automobile Association now owns 390,468 shares of the financial services provider’s stock valued at $18,379,000 after buying an additional 44,469 shares during the last quarter. Institutional investors own 68.46% of the company’s stock.
AFLAC stock traded down $0.12 during midday trading on Friday, hitting $48.92. 4,271,915 shares of the stock were exchanged, compared to its average volume of 3,296,799. AFLAC Incorporated has a 52-week low of $41.45 and a 52-week high of $50.66. The stock has a market cap of $36.63 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.06 and a current ratio of 0.06.
A number of research analysts have recently issued reports on AFL shares. Zacks Investment Research reiterated a “hold” rating and set a $49.00 price objective on shares of AFLAC in a report on Monday, December 31st. JPMorgan Chase & Co. cut shares of AFLAC from an “overweight” rating to a “neutral” rating and set a $51.00 price objective for the company. in a report on Wednesday, January 2nd. ValuEngine upgraded shares of AFLAC from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, SunTrust Banks lifted their price objective on shares of AFLAC to $48.00 and gave the company a “hold” rating in a report on Monday, February 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $48.67.
In other AFLAC news, insider Masatoshi Koide sold 29,008 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $49.75, for a total value of $1,443,148.00. Following the transaction, the insider now directly owns 64,512 shares in the company, valued at $3,209,472. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Douglas Wayne Johnson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $49.24, for a total transaction of $147,720.00. Following the completion of the transaction, the director now owns 33,035 shares in the company, valued at $1,626,643.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,244 shares of company stock worth $4,363,557. 1.30% of the stock is owned by corporate insiders.
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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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