MUFG Americas Holdings Corp decreased its holdings in AFLAC Incorporated (NYSE:AFL) by 7.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,681 shares of the financial services provider’s stock after selling 810 shares during the period. MUFG Americas Holdings Corp’s holdings in AFLAC were worth $850,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. APG Asset Management N.V. boosted its holdings in shares of AFLAC by 127.8% during the 4th quarter. APG Asset Management N.V. now owns 3,631,510 shares of the financial services provider’s stock valued at $265,468,000 after acquiring an additional 2,037,600 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in AFLAC by 392.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,303,597 shares of the financial services provider’s stock worth $106,100,000 after buying an additional 1,038,628 shares during the period. Ameriprise Financial Inc. lifted its holdings in AFLAC by 244.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,443,723 shares of the financial services provider’s stock worth $117,491,000 after buying an additional 1,024,456 shares during the period. PGGM Investments lifted its holdings in AFLAC by 158.4% during the 3rd quarter. PGGM Investments now owns 659,771 shares of the financial services provider’s stock worth $53,699,000 after buying an additional 404,470 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. raised its position in shares of AFLAC by 79.3% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 852,858 shares of the financial services provider’s stock worth $69,414,000 after acquiring an additional 377,164 shares in the last quarter. Institutional investors own 67.44% of the company’s stock.
In related news, insider June P. Howard sold 2,648 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $90.33, for a total value of $239,193.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Daniel P. Amos sold 24,983 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $89.77, for a total transaction of $2,242,723.91. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,921 shares of company stock valued at $3,913,315. 3.00% of the stock is currently owned by company insiders.
AFLAC Incorporated (NYSE AFL) opened at $87.51 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.05 and a quick ratio of 0.05. AFLAC Incorporated has a 12 month low of $70.64 and a 12 month high of $91.73. The company has a market capitalization of $34,101.16, a price-to-earnings ratio of 7.95, a P/E/G ratio of 2.28 and a beta of 0.96.
AFLAC shares are set to split on the morning of Monday, March 19th. The 2-1 split was announced on Tuesday, February 13th. The newly minted shares will be distributed to shareholders after the market closes on Friday, March 16th.
AFLAC (NYSE:AFL) last posted its earnings results on Wednesday, January 31st. The financial services provider reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.05. The company had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.44 billion. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. AFLAC’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 earnings per share. equities analysts forecast that AFLAC Incorporated will post 7.68 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 21st were issued a dividend of $0.52 per share. This is a positive change from AFLAC’s previous quarterly dividend of $0.45. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Tuesday, February 20th. AFLAC’s dividend payout ratio is currently 18.89%.
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AFLAC Company Profile
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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