McCollum Christoferson Group LLC Buys New Stake in AFLAC Incorporated (AFL)

McCollum Christoferson Group LLC bought a new stake in shares of AFLAC Incorporated (NYSE:AFL) during the 4th quarter, Holdings Channel reports. The firm bought 37,473 shares of the financial services provider’s stock, valued at approximately $3,289,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AFL. San Francisco Sentry Investment Group CA lifted its position in AFLAC by 4,338.7% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 1,345 shares in the last quarter. Harfst & Associates Inc. raised its holdings in AFLAC by 12.0% during the second quarter. Harfst & Associates Inc. now owns 1,994 shares of the financial services provider’s stock valued at $154,000 after acquiring an additional 214 shares during the period. Princeton Portfolio Strategies Group LLC bought a new stake in AFLAC during the second quarter valued at about $200,000. Ifrah Financial Services Inc. bought a new stake in AFLAC during the third quarter valued at about $200,000. Finally, Lowe Brockenbrough & Co. Inc. bought a new stake in AFLAC during the third quarter valued at about $204,000. Institutional investors own 65.62% of the company’s stock.

In other news, insider Audrey B. Tillman sold 310 shares of AFLAC stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $83.57, for a total value of $25,906.70. Following the sale, the insider now directly owns 41,937 shares of the company’s stock, valued at $3,504,675.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Audrey B. Tillman sold 2,360 shares of AFLAC stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $87.64, for a total value of $206,830.40. Following the completion of the sale, the insider now directly owns 39,331 shares in the company, valued at $3,446,968.84. The disclosure for this sale can be found here. Insiders sold 22,657 shares of company stock worth $1,988,685 over the last ninety days. Insiders own 3.00% of the company’s stock.

Shares of AFLAC Incorporated (AFL) traded down $1.38 during mid-day trading on Thursday, hitting $86.44. The stock had a trading volume of 3,490,754 shares, compared to its average volume of 3,222,575. AFLAC Incorporated has a 1 year low of $66.50 and a 1 year high of $91.73. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $33,980.00, a PE ratio of 12.55, a price-to-earnings-growth ratio of 2.47 and a beta of 1.02.

AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.07. AFLAC had a return on equity of 12.87% and a net margin of 12.49%. The firm had revenue of $5.51 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same period in the previous year, the firm posted $1.74 earnings per share. The business’s revenue was down 3.7% compared to the same quarter last year. research analysts forecast that AFLAC Incorporated will post 6.76 EPS for the current fiscal year.

A number of research firms have commented on AFL. Zacks Investment Research raised AFLAC from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a report on Thursday, September 21st. B. Riley reissued a “neutral” rating on shares of AFLAC in a report on Monday, November 6th. ValuEngine raised AFLAC from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Royal Bank of Canada reissued a “sell” rating and set a $71.00 price target on shares of AFLAC in a report on Tuesday, October 10th. Finally, Janney Montgomery Scott reissued a “buy” rating on shares of AFLAC in a report on Tuesday. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. AFLAC presently has an average rating of “Hold” and a consensus price target of $80.29.

ILLEGAL ACTIVITY WARNING: “McCollum Christoferson Group LLC Buys New Stake in AFLAC Incorporated (AFL)” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/3144669/mccollum-christoferson-group-llc-buys-new-stake-in-aflac-incorporated-afl.html.

AFLAC 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.

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).

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.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.