Goepper Burkhardt LLC decreased its position in Aflac Incorporated (NYSE:AFL – Free Report) by 3.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 10,066 shares of the financial services provider’s stock after selling 323 shares during the quarter. Goepper Burkhardt LLC’s holdings in Aflac were worth $1,041,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Private Trust Co. NA raised its position in shares of Aflac by 1.3% during the fourth quarter. Private Trust Co. NA now owns 7,643 shares of the financial services provider’s stock worth $791,000 after acquiring an additional 99 shares during the last quarter. Phillips Wealth Planners LLC raised its holdings in Aflac by 1.5% during the 4th quarter. Phillips Wealth Planners LLC now owns 6,553 shares of the financial services provider’s stock worth $662,000 after purchasing an additional 100 shares during the last quarter. Raleigh Capital Management Inc. raised its holdings in Aflac by 23.2% during the 4th quarter. Raleigh Capital Management Inc. now owns 531 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 100 shares during the last quarter. TKG Advisors LLC lifted its position in Aflac by 0.5% during the 4th quarter. TKG Advisors LLC now owns 21,255 shares of the financial services provider’s stock valued at $2,230,000 after purchasing an additional 103 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its stake in shares of Aflac by 1.6% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 6,960 shares of the financial services provider’s stock valued at $720,000 after purchasing an additional 107 shares during the last quarter. 67.44% of the stock is owned by institutional investors and hedge funds.
Aflac Price Performance
Aflac stock opened at $109.71 on Monday. The company has a quick ratio of 0.08, a current ratio of 0.10 and a debt-to-equity ratio of 0.29. The stock has a market cap of $59.88 billion, a P/E ratio of 11.43, a P/E/G ratio of 3.24 and a beta of 0.93. The company’s 50 day moving average price is $106.49 and its two-hundred day moving average price is $107.66. Aflac Incorporated has a 52 week low of $79.31 and a 52 week high of $115.50.
Analysts Set New Price Targets
AFL has been the topic of a number of analyst reports. Evercore ISI cut their price target on Aflac from $104.00 to $102.00 and set an “underperform” rating on the stock in a research note on Wednesday, December 4th. Wells Fargo & Company lowered their price objective on shares of Aflac from $104.00 to $102.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 19th. StockNews.com raised Aflac from a “sell” rating to a “hold” rating in a research report on Friday, February 14th. Barclays reduced their price target on Aflac from $98.00 to $95.00 and set an “underweight” rating for the company in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of Aflac from $90.00 to $94.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $103.36.
Check Out Our Latest Stock Analysis on AFL
Insider Activity
In other Aflac news, Director Joseph L. Moskowitz sold 1,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $107.63, for a total value of $107,630.00. Following the completion of the sale, the director now owns 25,393 shares in the company, valued at approximately $2,733,048.59. This trade represents a 3.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Charles D. Lake II sold 29,802 shares of Aflac stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $107.29, for a total value of $3,197,456.58. Following the completion of the sale, the director now owns 49,962 shares in the company, valued at approximately $5,360,422.98. This represents a 37.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.
Aflac Profile
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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