Cwm LLC Buys 1,983 Shares of Aflac Incorporated (NYSE:AFL)

Cwm LLC raised its stake in shares of Aflac Incorporated (NYSE:AFL) by 7.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 27,922 shares of the financial services provider’s stock after purchasing an additional 1,983 shares during the quarter. Cwm LLC’s holdings in Aflac were worth $2,304,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Flagship Harbor Advisors LLC bought a new position in Aflac in the third quarter worth $268,000. Impact Partnership Wealth LLC lifted its holdings in shares of Aflac by 471.4% during the 3rd quarter. Impact Partnership Wealth LLC now owns 400 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 330 shares during the period. UMB Bank n.a. lifted its holdings in shares of Aflac by 4.8% during the 3rd quarter. UMB Bank n.a. now owns 39,020 shares of the financial services provider’s stock worth $2,995,000 after acquiring an additional 1,770 shares during the period. Secure Asset Management LLC acquired a new stake in shares of Aflac during the 3rd quarter valued at about $468,000. Finally, Czech National Bank increased its stake in Aflac by 45.2% in the third quarter. Czech National Bank now owns 94,486 shares of the financial services provider’s stock valued at $7,252,000 after acquiring an additional 29,395 shares during the period. Institutional investors and hedge funds own 67.44% of the company’s stock.

Analyst Upgrades and Downgrades

AFL has been the topic of a number of recent research reports. Morgan Stanley lifted their price objective on Aflac from $80.00 to $84.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. Evercore ISI lowered Aflac from an “in-line” rating to an “underperform” rating and boosted their price target for the company from $76.00 to $78.00 in a research note on Thursday, January 4th. Keefe, Bruyette & Woods increased their price objective on Aflac from $83.00 to $87.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group lifted their price objective on Aflac from $61.00 to $75.00 and gave the company a “sell” rating in a report on Tuesday, January 9th. Finally, StockNews.com cut shares of Aflac from a “hold” rating to a “sell” rating in a research report on Wednesday, April 10th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.15.

Insider Transactions at Aflac

In other news, Director Thomas J. Kenny sold 5,000 shares of Aflac stock in a transaction that occurred on Wednesday, March 20th. The shares were 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 filing with the SEC, which can be accessed through this link. In other Aflac news, Director Thomas J. Kenny sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $84.62, for a total transaction of $423,100.00. Following the transaction, the director now owns 17,920 shares in the company, valued at $1,516,390.40. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Masatoshi Koide sold 30,493 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $79.91, for a total value of $2,436,695.63. Following the transaction, the director now owns 86,090 shares of the company’s stock, valued at $6,879,451.90. The disclosure for this sale can be found here. Insiders sold a total of 46,493 shares of company stock worth $3,765,706 over the last 90 days. 0.90% of the stock is owned by insiders.

Aflac Trading Down 0.7 %

AFL opened at $83.73 on Friday. Aflac Incorporated has a 1-year low of $64.10 and a 1-year high of $86.26. The firm has a 50-day moving average price of $82.61 and a two-hundred day moving average price of $81.71. The stock has a market capitalization of $48.18 billion, a PE ratio of 10.80, a PEG ratio of 2.30 and a beta of 0.91. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.33.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.22). Aflac had a return on equity of 17.59% and a net margin of 24.92%. The company had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the firm earned $1.29 EPS. As a group, equities analysts anticipate that Aflac Incorporated will post 6.41 earnings per share for the current fiscal year.

Aflac Company 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.