United Capital Management of KS Inc. Boosts Stock Holdings in AFLAC Incorporated (NYSE:AFL)

United Capital Management of KS Inc. grew its position in shares of AFLAC Incorporated (NYSE:AFL) by 2.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,123 shares of the financial services provider’s stock after buying an additional 648 shares during the quarter. United Capital Management of KS Inc.’s holdings in AFLAC were worth $1,291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Moors & Cabot Inc. lifted its position in AFLAC by 1.9% during the second quarter. Moors & Cabot Inc. now owns 10,149 shares of the financial services provider’s stock valued at $557,000 after purchasing an additional 191 shares during the period. Rowland & Co. Investment Counsel ADV lifted its position in AFLAC by 0.4% during the first quarter. Rowland & Co. Investment Counsel ADV now owns 48,355 shares of the financial services provider’s stock valued at $2,418,000 after purchasing an additional 205 shares during the period. Smith Salley & Associates raised its position in AFLAC by 3.2% in the second quarter. Smith Salley & Associates now owns 6,947 shares of the financial services provider’s stock worth $381,000 after acquiring an additional 213 shares during the period. Fort Washington Investment Advisors Inc. OH raised its position in AFLAC by 0.3% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 83,461 shares of the financial services provider’s stock worth $4,173,000 after acquiring an additional 219 shares during the period. Finally, Community Financial Services Group LLC raised its position in AFLAC by 5.0% in the first quarter. Community Financial Services Group LLC now owns 5,250 shares of the financial services provider’s stock worth $263,000 after acquiring an additional 250 shares during the period. Hedge funds and other institutional investors own 66.93% of the company’s stock.

AFL has been the topic of several recent research reports. Zacks Investment Research upgraded shares of AFLAC from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Tuesday, April 30th. ValuEngine downgraded shares of AFLAC from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. Evercore ISI downgraded shares of AFLAC from an “in-line” rating to an “underperform” rating and set a $56.57 price target on the stock. in a research report on Tuesday, July 16th. UBS Group decreased their price target on shares of AFLAC from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 30th. Finally, Raymond James downgraded shares of AFLAC from a “strong-buy” rating to an “outperform” rating and set a $62.00 price target on the stock. in a research report on Monday, July 29th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. AFLAC has a consensus rating of “Hold” and a consensus price target of $51.96.

In other news, Director Toshihiko Fukuzawa sold 1,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $51.00, for a total transaction of $76,500.00. Following the sale, the director now directly owns 12,816 shares in the company, valued at approximately $653,616. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Charles D. Lake II sold 18,000 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $52.09, for a total transaction of $937,620.00. Following the sale, the insider now owns 104,086 shares in the company, valued at $5,421,839.74. The disclosure for this sale can be found here. Insiders have sold a total of 101,480 shares of company stock worth $5,305,590 over the last 90 days. Insiders own 1.30% of the company’s stock.

AFL traded up $0.04 during trading on Tuesday, hitting $51.40. The company’s stock had a trading volume of 1,480,523 shares, compared to its average volume of 3,285,167. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.04 and a current ratio of 0.04. AFLAC Incorporated has a one year low of $41.45 and a one year high of $57.18. The stock has a market cap of $38.03 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 2.91 and a beta of 0.71. The stock has a 50 day moving average price of $55.01.

AFLAC (NYSE:AFL) last announced its quarterly earnings data on Thursday, July 25th. The financial services provider reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.06. The firm had revenue of $5.51 billion for the quarter, compared to the consensus estimate of $5.46 billion. AFLAC had a net margin of 14.24% and a return on equity of 12.94%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $1.07 EPS. Analysts expect that AFLAC Incorporated will post 4.34 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 21st will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 20th. This represents a $1.08 annualized dividend and a dividend yield of 2.10%. AFLAC’s payout ratio is 25.96%.

AFLAC Profile

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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