Mission Wealth Management LP Has $5.44 Million Stock Position in Aflac Incorporated $AFL

Mission Wealth Management LP lowered its holdings in shares of Aflac Incorporated (NYSE:AFLFree Report) by 36.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 49,370 shares of the financial services provider’s stock after selling 28,749 shares during the period. Mission Wealth Management LP’s holdings in Aflac were worth $5,444,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AFL. Navalign LLC acquired a new position in shares of Aflac during the 4th quarter worth $32,000. Darwin Wealth Management LLC bought a new stake in Aflac during the 2nd quarter worth $33,000. Activest Wealth Management grew its position in Aflac by 95.6% during the 4th quarter. Activest Wealth Management now owns 311 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 152 shares during the last quarter. Westside Investment Management Inc. grew its position in Aflac by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 324 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 162 shares during the last quarter. Finally, Park Square Financial Group LLC grew its position in Aflac by 80.6% during the 4th quarter. Park Square Financial Group LLC now owns 354 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 158 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Evercore upgraded Aflac from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Wells Fargo & Company reduced their price objective on Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. Mizuho set a $104.00 price objective on Aflac in a research report on Monday, May 4th. Finally, Piper Sandler reduced their price objective on Aflac from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Aflac currently has an average rating of “Hold” and an average price target of $111.36.

View Our Latest Research Report on Aflac

Trending Headlines about Aflac

Here are the key news stories impacting Aflac this week:

  • Positive Sentiment: Aflac issued $500 million of 5.150% senior notes due 2036, which should add balance-sheet flexibility and support liquidity for the insurer’s capital management plans. Aflac Issues $500 Million 2036 Senior Notes Offering
  • Positive Sentiment: Recent commentary highlighted strong sales growth in Japan and the U.S., improving Japan margins, and a lower benefit ratio, all of which support Aflac’s earnings durability. Here’s Why You Should Keep Holding Aflac in Your Portfolio
  • Neutral Sentiment: The latest quarter was mixed, with revenue beating estimates but earnings per share missing consensus, leaving investors focused on whether growth can offset margin pressure.
  • Neutral Sentiment: Several recent articles questioned Aflac’s valuation and risk profile after softer Japan margins and the earnings miss, but these pieces mainly reinforced existing concerns rather than introducing a new catalyst.
  • Negative Sentiment: Major shareholder Post Holdings Co. Ltd. Japan disclosed another small sale of Aflac shares under a pre-arranged 10b5-1 plan, adding to a recent pattern of insider selling that can weigh on sentiment. Aflac (NYSE:AFL) Major Shareholder Sells $2,767,885.00 in Stock
  • Negative Sentiment: Director Arthur Reginald Collins also sold shares recently, which may add a modest headwind to investor sentiment around the stock. SEC insider filing for Arthur Reginald Collins sale

Aflac Trading Up 0.0%

Shares of AFL stock opened at $116.83 on Monday. The firm has a market capitalization of $59.47 billion, a P/E ratio of 13.26, a P/E/G ratio of 2.04 and a beta of 0.62. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $119.32. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.26. The stock’s fifty day simple moving average is $111.74 and its 200 day simple moving average is $111.28.

Aflac (NYSE:AFLGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.80 by ($0.05). The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. The company’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.66 EPS. As a group, sell-side analysts predict that Aflac Incorporated will post 7.12 EPS for the current fiscal year.

Aflac Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.44 annualized dividend and a dividend yield of 2.1%. Aflac’s dividend payout ratio is presently 27.70%.

Insider Buying and Selling

In other news, Director Miwako Hosoda sold 243 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $114.50, for a total value of $27,823.50. Following the completion of the sale, the director owned 7,743 shares of the company’s stock, valued at approximately $886,573.50. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph L. Moskowitz sold 600 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $113.73, for a total value of $68,238.00. Following the completion of the sale, the director directly owned 25,368 shares of the company’s stock, valued at approximately $2,885,102.64. The trade was a 2.31% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 648,375 shares of company stock worth $72,256,429. Corporate insiders own 0.80% of the company’s stock.

Aflac Company Profile

(Free Report)

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.

Read More

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:AFLFree Report).

Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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.