Aflac Incorporated (AFL) Holdings Maintained by Security National Bank of SO Dak

Security National Bank of SO Dak continued to hold its stake in shares of Aflac Incorporated (NYSE:AFL) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,845 shares of the financial services provider’s stock at the close of the second quarter. Security National Bank of SO Dak’s holdings in Aflac were worth $1,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the company. Nomura Holdings Inc. raised its stake in shares of Aflac by 32.0% during the second quarter. Nomura Holdings Inc. now owns 65,810 shares of the financial services provider’s stock valued at $5,117,000 after acquiring an additional 15,957 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of Aflac by 75.6% during the second quarter. Bank of Nova Scotia now owns 190,077 shares of the financial services provider’s stock valued at $14,765,000 after acquiring an additional 81,808 shares during the last quarter. Rowland & Co. Investment Counsel ADV raised its stake in shares of Aflac by 4.9% during the second quarter. Rowland & Co. Investment Counsel ADV now owns 24,311 shares of the financial services provider’s stock valued at $1,890,000 after acquiring an additional 1,125 shares during the last quarter. 361 Capital LLC bought a new position in shares of Aflac during the second quarter valued at about $2,072,000. Finally, Balentine LLC raised its stake in shares of Aflac by 0.3% during the second quarter. Balentine LLC now owns 6,649 shares of the financial services provider’s stock valued at $516,000 after acquiring an additional 18 shares during the last quarter. 65.63% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on AFL shares. Zacks Investment Research raised shares of Aflac from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a research note on Tuesday, September 5th. ValuEngine raised shares of Aflac from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Barclays PLC upped their price objective on shares of Aflac from $71.00 to $73.00 and gave the company an “equal weight” rating in a research note on Monday, July 3rd. Wells Fargo & Company reaffirmed a “hold” rating and set a $82.00 price objective on shares of Aflac in a research note on Thursday, September 28th. Finally, FBR & Co reaffirmed a “market perform” rating and set a $80.00 price objective (up from $68.00) on shares of Aflac in a research note on Wednesday, July 12th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $78.86.

In related news, President Kriss Cloninger III sold 3,500 shares of Aflac stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $81.06, for a total transaction of $283,710.00. Following the completion of the sale, the president now owns 253,196 shares in the company, valued at approximately $20,524,067.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James Todd Daniels sold 620 shares of Aflac stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $81.49, for a total transaction of $50,523.80. Following the sale, the insider now owns 15,454 shares of the company’s stock, valued at approximately $1,259,346.46. The disclosure for this sale can be found here. Insiders have sold a total of 31,899 shares of company stock valued at $2,662,483 in the last quarter. 3.00% of the stock is currently owned by company insiders.

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Aflac Incorporated (NYSE AFL) traded up 1.205% during trading on Tuesday, reaching $83.575. 715,566 shares of the company were exchanged. The stock has a market capitalization of $33.03 billion, a P/E ratio of 12.636 and a beta of 0.96. The company’s 50-day moving average price is $82.15 and its 200-day moving average price is $77.78. Aflac Incorporated has a 1-year low of $66.50 and a 1-year high of $84.51.

Aflac (NYSE:AFL) last announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.20. Aflac had a net margin of 11.98% and a return on equity of 13.09%. The company had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.48 billion. During the same quarter last year, the business posted $1.65 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. On average, equities analysts forecast that Aflac Incorporated will post $6.69 EPS for the current year.

Aflac announced that its board has approved a stock repurchase plan on Tuesday, August 8th that allows the company to repurchase 40,000,000 shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Aflac Company 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.

Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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