Unigestion Holding SA Acquires 32,577 Shares of Aflac Incorporated (NYSE:AFL) (2024)

Unigestion Holding SA raised its position in Aflac Incorporated (NYSE:AFL - Free Report) by 214.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 47,792 shares of the financial services provider's stock after purchasing an additional 32,577 shares during the period. Unigestion Holding SA's holdings in Aflac were worth $3,943,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Elo Mutual Pension Insurance Co grew its holdings in Aflac by 2.6% in the fourth quarter. Elo Mutual Pension Insurance Co now owns 49,272 shares of the financial services provider's stock valued at $4,065,000 after purchasing an additional 1,229 shares during the last quarter. OLD Point Trust & Financial Services N A acquired a new stake in Aflac in the fourth quarter valued at $78,000. Sompo Asset Management Co. Ltd. acquired a new stake in Aflac in the fourth quarter valued at $206,000. Schroder Investment Management Group grew its holdings in Aflac by 196.5% in the fourth quarter. Schroder Investment Management Group now owns 484,176 shares of the financial services provider's stock valued at $39,945,000 after purchasing an additional 320,867 shares during the last quarter. Finally, AdvisorShares Investments LLC grew its holdings in Aflac by 13.5% in the fourth quarter. AdvisorShares Investments LLC now owns 42,048 shares of the financial services provider's stock valued at $3,469,000 after purchasing an additional 5,017 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AFL. Piper Sandler increased their price objective on Aflac from $90.00 to $95.00 and gave the company an "overweight" rating in a research note on Friday, April 5th. Truist Financial increased their price objective on Aflac from $80.00 to $82.00 and gave the company a "hold" rating in a research note on Friday, May 3rd. Morgan Stanley increased their price objective on Aflac from $80.00 to $84.00 and gave the company an "equal weight" rating in a research note on Monday, April 15th. Wells Fargo & Company increased their price objective on Aflac from $81.00 to $82.00 and gave the company an "equal weight" rating in a research note on Friday, May 10th. Finally, StockNews.com raised Aflac from a "sell" rating to a "hold" rating in a research note on Friday, May 3rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $82.38.

Check Out Our Latest Analysis on AFL

Aflac Trading Down 0.5 %

Shares of Aflac stock traded down $0.40 during trading hours on Monday, reaching $88.39. The stock had a trading volume of 2,987,007 shares, compared to its average volume of 2,226,222. The firm has a 50 day simple moving average of $85.28 and a two-hundred day simple moving average of $83.22. The firm has a market capitalization of $50.22 billion, a price-to-earnings ratio of 9.76, a P/E/G ratio of 2.19 and a beta of 0.96. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.34. Aflac Incorporated has a 1 year low of $66.58 and a 1 year high of $89.91.

Aflac (NYSE:AFL - Get Free Report) last announced its earnings results on Monday, May 6th. The financial services provider reported $1.66 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.09 billion. Aflac had a return on equity of 16.88% and a net margin of 27.67%. The company's revenue was up 13.3% on a year-over-year basis. During the same period last year, the business posted $1.55 EPS. As a group, equities research analysts anticipate that Aflac Incorporated will post 6.46 earnings per share for the current year.

Aflac Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 22nd were issued a dividend of $0.50 per share. This is an increase from Aflac's previous quarterly dividend of $0.42. This represents a $2.00 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend was Tuesday, May 21st. Aflac's dividend payout ratio (DPR) is presently 22.08%.

Insider Activity at Aflac

In other Aflac news, SVP Albert Riggieri sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $83.34, for a total transaction of $666,720.00. Following the completion of the sale, the senior vice president now owns 32,825 shares in the company, valued at approximately $2,735,635.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Aflac news, Director Thomas J. Kenny sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $84.62, for a total transaction of $423,100.00. Following the completion of the sale, the director now owns 17,920 shares in the company, valued at approximately $1,516,390.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Albert Riggieri sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $83.34, for a total value of $666,720.00. Following the sale, the senior vice president now owns 32,825 shares of the company's stock, valued at approximately $2,735,635.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,978 shares of company stock worth $3,098,128. 0.80% of the stock is currently owned by company insiders.

Aflac 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.

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