AFLAC Incorporated (AFL) Shares Sold by Unigestion Holding SA

Unigestion Holding SA trimmed its holdings in AFLAC Incorporated (NYSE:AFL) by 1.7% in the third quarter, Holdings Channel reports. The fund owned 924,694 shares of the financial services provider’s stock after selling 15,982 shares during the period. Unigestion Holding SA’s holdings in AFLAC were worth $43,526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in AFLAC by 1.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 77,191 shares of the financial services provider’s stock valued at $3,321,000 after buying an additional 1,097 shares in the last quarter. Abacus Planning Group Inc. lifted its stake in AFLAC by 21.4% during the third quarter. Abacus Planning Group Inc. now owns 6,602 shares of the financial services provider’s stock valued at $310,000 after buying an additional 1,166 shares in the last quarter. IFP Advisors Inc lifted its stake in AFLAC by 21.5% during the third quarter. IFP Advisors Inc now owns 6,646 shares of the financial services provider’s stock valued at $313,000 after buying an additional 1,176 shares in the last quarter. Pineno Levin & Ford Asset Management Inc. lifted its stake in AFLAC by 10.4% during the second quarter. Pineno Levin & Ford Asset Management Inc. now owns 12,688 shares of the financial services provider’s stock valued at $546,000 after buying an additional 1,200 shares in the last quarter. Finally, Advisor Partners LLC lifted its stake in AFLAC by 5.8% during the second quarter. Advisor Partners LLC now owns 22,215 shares of the financial services provider’s stock valued at $956,000 after buying an additional 1,209 shares in the last quarter. 66.91% of the stock is owned by institutional investors.

In related news, Director Douglas Wayne Johnson sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $46.52, for a total value of $93,040.00. Following the transaction, the director now owns 29,859 shares in the company, valued at $1,389,040.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph L. Moskowitz sold 1,500 shares of the stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $46.38, for a total value of $69,570.00. Following the completion of the transaction, the director now owns 17,779 shares in the company, valued at approximately $824,590.02. The disclosure for this sale can be found here. 3.00% of the stock is owned by corporate insiders.

A number of analysts have commented on AFL shares. Sandler O’Neill raised shares of AFLAC from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Wednesday, August 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $50.00 price objective on shares of AFLAC in a research note on Wednesday, August 1st. ValuEngine lowered shares of AFLAC from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 1st. B. Riley upped their price objective on shares of AFLAC from $42.00 to $46.00 and gave the company a “neutral” rating in a research note on Tuesday, August 7th. Finally, Zacks Investment Research downgraded AFLAC from a “hold” rating to a “sell” rating in a report on Thursday, October 11th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. AFLAC presently has a consensus rating of “Hold” and an average price target of $48.54.

Shares of AFL opened at $45.23 on Thursday. The stock has a market capitalization of $33.49 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 1.27 and a beta of 0.95. AFLAC Incorporated has a fifty-two week low of $41.41 and a fifty-two week high of $48.19. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.05 and a current ratio of 0.05.

AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, October 24th. The financial services provider reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The company had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.57 billion. AFLAC had a return on equity of 12.85% and a net margin of 21.51%. During the same quarter in the prior year, the company earned $0.85 EPS. On average, sell-side analysts expect that AFLAC Incorporated will post 4.08 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Wednesday, November 21st will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.30%. AFLAC’s dividend payout ratio is 30.59%.

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AFLAC Company 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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