1 week Ago By ABMN Staff
Foundations Investment Advisors LLC increased its stake in Aflac Incorporated ( NYSE:AFL – Free Report ) by 10.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,073 shares of the financial services provider’s stock after purchasing an additional 474 shares during the period.
Foundations Investment Advisors LLC’s holdings in Aflac were worth $453,000 as of its most recent SEC filing. Several other large investors have also recently bought and sold shares of AFL. Atwood & Palmer Inc.
raised its position in shares of Aflac by 80.0% during the first quarter. Atwood & Palmer Inc.
now owns 315 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 140 shares during the last quarter. OFI Invest Asset Management acquired a new stake in Aflac in the first quarter worth about $29,000. Dixon Mitchell Investment Counsel Inc.
bought a new stake in Aflac during the 1st quarter worth about $34,000. Sachetta LLC acquired a new position in Aflac during the 4th quarter valued at about $35,000. Finally, Cedar Wealth Management LLC bought a new position in shares of Aflac in the 1st quarter valued at about $50,000.
Institutional investors and hedge funds own 67.44% of the company’s stock. Aflac Trading Down 0.
7 % Shares of NYSE:AFL opened at $108.89 on Friday. The firm has a market cap of $61.
87 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 2.61 and a beta of 0.
95. The company has a quick ratio of 0.10, a current ratio of 0.
10 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 12 month low of $73.
79 and a 12 month high of $111.14. The company’s fifty day simple moving average is $99.
12 and its 200 day simple moving average is $89.97. Aflac Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, September 2nd.
Stockholders of record on Wednesday, August 21st were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, August 21st.
This represents a $2.00 annualized dividend and a dividend yield of 1.84%.
Aflac’s dividend payout ratio is currently 22.08%. Insider Transactions at Aflac In related news, Director Thomas J.
Kenny sold 2,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $98.94, for a total transaction of $197,880.
00. Following the completion of the transaction, the director now owns 18,158 shares in the company, valued at $1,796,552.52.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Company insiders own 0.90% of the company’s stock.
Wall Street Analyst Weigh In AFL has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Aflac from $80.
00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, July 2nd. Piper Sandler increased their price target on Aflac from $95.
00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, June 28th. Wells Fargo & Company lifted their price objective on Aflac from $81.
00 to $90.00 and gave the stock an “equal weight” rating in a research note on Monday, August 12th. Jefferies Financial Group cut their price target on shares of Aflac from $84.
00 to $83.00 and set a “hold” rating on the stock in a research report on Friday, June 28th. Finally, Truist Financial boosted their price objective on shares of Aflac from $82.
00 to $100.00 and gave the company a “hold” rating in a report on Friday, August 2nd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $92.50.
View Our Latest Research Report on AFL Aflac Company Profile ( Free Report ) Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S.
segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. Featured Stories Want to see what other hedge funds are holding AFL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Aflac Incorporated ( NYSE:AFL – Free Report ). Receive News & Ratings for Aflac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aflac and related companies with MarketBeat.com's FREE daily email newsletter .
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