VSM Wealth Advisory LLC Makes New $132,000 Investment in Aflac Incorporated (NYSE:AFL)

VSM Wealth Advisory LLC acquired a new stake in Aflac Incorporated (NYSE:AFL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,272 shares of the financial services provider’s stock, valued at approximately $132,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA boosted its holdings in Aflac by 1.3% in the fourth quarter. Private Trust Co. NA now owns 7,643 shares of the financial services provider’s stock valued at $791,000 after purchasing an additional 99 shares in the last quarter. Phillips Wealth Planners LLC boosted its holdings in shares of Aflac by 1.5% in the 4th quarter. Phillips Wealth Planners LLC now owns 6,553 shares of the financial services provider’s stock valued at $662,000 after buying an additional 100 shares in the last quarter. Raleigh Capital Management Inc. grew its position in shares of Aflac by 23.2% in the 4th quarter. Raleigh Capital Management Inc. now owns 531 shares of the financial services provider’s stock valued at $55,000 after buying an additional 100 shares during the last quarter. TKG Advisors LLC raised its stake in Aflac by 0.5% during the 4th quarter. TKG Advisors LLC now owns 21,255 shares of the financial services provider’s stock worth $2,230,000 after acquiring an additional 103 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC lifted its position in Aflac by 1.6% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 6,960 shares of the financial services provider’s stock valued at $720,000 after acquiring an additional 107 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Aflac

In other news, Director Charles D. Lake II sold 29,802 shares of the 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 transaction, the director now owns 49,962 shares in the company, valued at $5,360,422.98. This trade represents a 37.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph L. Moskowitz sold 1,000 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $107.63, for a total transaction of $107,630.00. Following the sale, the director now directly owns 25,393 shares in the company, valued at approximately $2,733,048.59. This represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,546 shares of company stock valued at $5,863,616. 0.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on AFL shares. Barclays dropped their price objective on Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. Wells Fargo & Company cut their price target on Aflac from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 19th. StockNews.com raised Aflac from a “sell” rating to a “hold” rating in a report on Friday, February 14th. JPMorgan Chase & Co. lifted their target price on shares of Aflac from $90.00 to $94.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Aflac from $107.00 to $104.00 and set a “market perform” rating for the company in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Aflac currently has a consensus rating of “Hold” and an average target price of $103.36.

Aflac Trading Up 1.1 %

NYSE AFL opened at $108.49 on Thursday. Aflac Incorporated has a 52-week low of $79.31 and a 52-week high of $115.50. The firm has a 50-day moving average price of $105.70 and a 200 day moving average price of $107.65. The stock has a market capitalization of $59.30 billion, a P/E ratio of 11.30, a P/E/G ratio of 3.24 and a beta of 0.93. The company has a quick ratio of 0.08, a current ratio of 0.10 and a debt-to-equity ratio of 0.29.

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