Aflac Incorporated (NYSE:AFL) Shares Purchased by Regal Investment Advisors LLC

Regal Investment Advisors LLC boosted its position in Aflac Incorporated (NYSE:AFL) by 0.6% in the 4th quarter, Holdings Channel reports. The fund owned 97,214 shares of the financial services provider’s stock after purchasing an additional 625 shares during the period. Aflac makes up about 0.8% of Regal Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest position. Regal Investment Advisors LLC’s holdings in Aflac were worth $10,056,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Whipplewood Advisors LLC acquired a new position in Aflac in the fourth quarter valued at $26,000. BankPlus Trust Department acquired a new position in shares of Aflac during the 4th quarter valued at about $34,000. Curio Wealth LLC acquired a new position in shares of Aflac during the 4th quarter valued at about $36,000. OFI Invest Asset Management purchased a new position in shares of Aflac during the 4th quarter worth about $38,000. Finally, Rialto Wealth Management LLC acquired a new stake in shares of Aflac in the fourth quarter worth approximately $41,000. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on AFL. BMO Capital Markets began coverage on shares of Aflac in a research note on Thursday, January 23rd. They set a “market perform” rating and a $111.00 price target on the stock. Barclays cut their target price on Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on Aflac from $104.00 to $102.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 19th. Morgan Stanley cut their price objective on Aflac from $105.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, April 10th. Finally, Keefe, Bruyette & Woods decreased their target price on Aflac from $107.00 to $104.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $103.93.

Aflac Price Performance

Shares of AFL stock opened at $108.52 on Tuesday. The firm has a fifty day simple moving average of $106.37 and a 200-day simple moving average of $107.39. The company has a market capitalization of $59.23 billion, a PE ratio of 11.30, a price-to-earnings-growth ratio of 3.24 and a beta of 0.81. Aflac Incorporated has a twelve month low of $79.69 and a twelve month high of $115.50. The company has a current ratio of 0.10, a quick ratio of 0.08 and a debt-to-equity ratio of 0.29.

Aflac (NYSE:AFL) last posted its quarterly earnings data 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 net margin of 28.76% and a return on equity of 16.20%. Equities research analysts anticipate that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

Insider Activity at Aflac

In other Aflac news, Director Joseph L. Moskowitz sold 1,000 shares of the stock in a transaction on Friday, March 7th. The shares were sold at an average price of $107.63, for a total transaction of $107,630.00. Following the transaction, the director now directly owns 25,393 shares in the company, valued at $2,733,048.59. This represents a 3.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Charles D. Lake II sold 29,802 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $107.29, for a total transaction of $3,197,456.58. Following the completion of the sale, the director now directly owns 49,962 shares of the company’s stock, valued at $5,360,422.98. The trade was a 37.36 % decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by company insiders.

Aflac 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.