TD Private Client Wealth LLC Purchases 155 Shares of Aflac Incorporated (NYSE:AFL)

TD Private Client Wealth LLC increased its position in shares of Aflac Incorporated (NYSE:AFL) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,072 shares of the financial services provider’s stock after buying an additional 155 shares during the quarter. TD Private Client Wealth LLC’s holdings in Aflac were worth $732,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Whipplewood Advisors LLC bought a new position in shares of Aflac during the 4th quarter worth approximately $26,000. BankPlus Trust Department acquired a new position in Aflac during the fourth quarter worth $34,000. Curio Wealth LLC bought a new position in Aflac in the fourth quarter valued at $36,000. Raelipskie Partnership acquired a new stake in Aflac in the 3rd quarter valued at $38,000. Finally, OFI Invest Asset Management bought a new stake in Aflac during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Aflac from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Wells Fargo & Company dropped their price objective on Aflac from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 19th. Morgan Stanley increased their price objective on Aflac from $98.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Barclays lowered their target price on shares of Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. Finally, Evercore ISI cut their price target on shares of Aflac from $104.00 to $102.00 and set an “underperform” rating for the company in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.36.

Aflac Stock Down 0.6 %

Aflac stock opened at $108.10 on Monday. The company’s 50-day moving average price is $105.95 and its two-hundred day moving average price is $107.61. 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 $59.08 billion, a P/E ratio of 11.26, a P/E/G ratio of 3.24 and a beta of 0.93. Aflac Incorporated has a twelve month low of $79.31 and a twelve month high of $115.50.

Aflac (NYSE:AFL) last announced its earnings results on Wednesday, February 5th. The financial services provider reported $1.56 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.07). Aflac had a return on equity of 16.20% and a net margin of 28.76%. As a group, analysts expect that Aflac Incorporated will post 6.88 EPS for the current year.

Insider Transactions at Aflac

In other Aflac news, Director Charles D. Lake II sold 29,802 shares of Aflac stock in a transaction dated Monday, March 10th. The shares were 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 $5,360,422.98. The trade was a 37.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Audrey B. Tillman sold 24,744 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $103.40, for a total transaction of $2,558,529.60. Following the completion of the sale, the executive vice president now directly owns 222,618 shares of the company’s stock, valued at $23,018,701.20. This represents a 10.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 55,546 shares of company stock valued at $5,863,616. 0.90% of the stock is currently owned by corporate insiders.

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.