Svenska Handelsbanken AB publ maintained its position in shares of Aflac Incorporated (NYSE:AFL) during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 105,400 shares of the company’s stock at the end of the third quarter. Aflac accounts for 0.1% of Svenska Handelsbanken AB publ’s holdings, making the stock its 28th largest position. Svenska Handelsbanken AB publ’s holdings in Aflac were worth $7,575,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in AFL. Global X Management Co. LLC increased its position in Aflac by 2,617.5% in the second quarter. Global X Management Co. LLC now owns 1,549 shares of the company’s stock valued at $112,000 after buying an additional 1,492 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Aflac by 51.2% in the second quarter. Tower Research Capital LLC TRC now owns 1,736 shares of the company’s stock valued at $125,000 after buying an additional 588 shares in the last quarter. Oakworth Capital Inc. increased its position in Aflac by 17.7% in the third quarter. Oakworth Capital Inc. now owns 2,160 shares of the company’s stock valued at $155,000 after buying an additional 325 shares in the last quarter. Bollard Group LLC increased its position in Aflac by 645.8% in the third quarter. Bollard Group LLC now owns 2,297 shares of the company’s stock valued at $165,000 after buying an additional 1,989 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its position in Aflac by 1.7% in the second quarter. Quadrant Capital Group LLC now owns 2,384 shares of the company’s stock valued at $166,000 after buying an additional 40 shares in the last quarter. 62.15% of the stock is currently owned by institutional investors and hedge funds.
Aflac Incorporated (NYSE:AFL) traded up 0.26% during mid-day trading on Wednesday, hitting $69.61. 801,197 shares of the company were exchanged. The company has a market capitalization of $28.41 billion, a P/E ratio of 11.04 and a beta of 1.06. The company’s 50-day moving average is $69.97 and its 200 day moving average is $71.48. Aflac Incorporated has a 12-month low of $54.57 and a 12-month high of $74.50.
Aflac (NYSE:AFL) last posted its earnings results on Thursday, October 27th. The company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.08. The firm had revenue of $5.72 billion for the quarter, compared to analysts’ expectations of $5.75 billion. Aflac had a net margin of 12.03% and a return on equity of 13.72%. The company’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.32 earnings per share. Analysts expect that Aflac Incorporated will post $6.87 EPS for the current year.
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Several research analysts have issued reports on AFL shares. Vetr raised Aflac from a “hold” rating to a “buy” rating and set a $74.76 price objective on the stock in a report on Monday, October 17th. Evercore ISI raised Aflac to a “hold” rating in a report on Wednesday. FBR & Co reaffirmed a “hold” rating on shares of Aflac in a report on Friday, October 28th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Aflac in a report on Monday, December 5th. Finally, Wells Fargo & Company started coverage on Aflac in a report on Friday, September 23rd. They set a “market perform” rating on the stock. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $69.67.
In other Aflac news, Director Barbara K. Rimer sold 10,500 shares of the business’s stock in a transaction on Wednesday, December 14th. The shares were sold at an average price of $70.14, for a total transaction of $736,470.00. Following the sale, the director now owns 16,084 shares of the company’s stock, valued at $1,128,131.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP James Todd Daniels sold 1,100 shares of the business’s stock in a transaction on Monday, December 19th. The stock was sold at an average price of $69.18, for a total transaction of $76,098.00. Following the sale, the vice president now directly owns 16,420 shares in the company, valued at approximately $1,135,935.60. The disclosure for this sale can be found here. Company insiders own 3.90% of the company’s stock.
Aflac Company Profile
Aflac Incorporated is a business holding company. The Company engaged in is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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