Avior Wealth Management LLC Has $79,000 Position in Aflac Incorporated (NYSE:AFL)

Avior Wealth Management LLC reduced its holdings in Aflac Incorporated (NYSE:AFLFree Report) by 18.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 961 shares of the financial services provider’s stock after selling 218 shares during the quarter. Avior Wealth Management LLC’s holdings in Aflac were worth $79,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in AFL. Panagora Asset Management Inc. grew its position in Aflac by 36.2% during the first quarter. Panagora Asset Management Inc. now owns 23,941 shares of the financial services provider’s stock worth $1,542,000 after buying an additional 6,369 shares in the last quarter. Blair William & Co. IL grew its position in Aflac by 6.8% during the first quarter. Blair William & Co. IL now owns 17,268 shares of the financial services provider’s stock worth $1,112,000 after buying an additional 1,102 shares in the last quarter. Aviva PLC grew its position in Aflac by 0.7% during the first quarter. Aviva PLC now owns 210,634 shares of the financial services provider’s stock worth $13,563,000 after buying an additional 1,503 shares in the last quarter. Dakota Wealth Management acquired a new stake in Aflac during the first quarter worth about $428,000. Finally, Sequoia Financial Advisors LLC grew its position in Aflac by 7.3% during the first quarter. Sequoia Financial Advisors LLC now owns 6,142 shares of the financial services provider’s stock worth $396,000 after buying an additional 417 shares in the last quarter. 67.44% of the stock is owned by institutional investors and hedge funds.

Aflac Stock Performance

NYSE:AFL opened at $83.23 on Friday. Aflac Incorporated has a 1 year low of $64.10 and a 1 year high of $86.26. The firm has a 50 day moving average of $82.21 and a 200-day moving average of $81.55. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $47.89 billion, a P/E ratio of 10.74, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

Aflac (NYSE:AFLGet Free Report) last posted its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.22). Aflac had a return on equity of 17.59% and a net margin of 24.92%. The company had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the firm earned $1.29 EPS. As a group, sell-side analysts anticipate that Aflac Incorporated will post 6.41 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Albert Riggieri sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $83.34, for a total value of $666,720.00. Following the completion of the transaction, the senior vice president now owns 32,825 shares in the company, valued at approximately $2,735,635.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Aflac news, SVP Albert Riggieri sold 8,000 shares of Aflac stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $83.34, for a total transaction of $666,720.00. Following the completion of the sale, the senior vice president now owns 32,825 shares of the company’s stock, valued at approximately $2,735,635.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur Reginald Collins sold 3,000 shares of Aflac stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $79.73, for a total transaction of $239,190.00. Following the sale, the director now directly owns 5,592 shares of the company’s stock, valued at approximately $445,850.16. The disclosure for this sale can be found here. Insiders sold 46,493 shares of company stock worth $3,765,706 in the last quarter. Insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Piper Sandler lifted their target price on Aflac from $90.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, April 5th. UBS Group lifted their target price on Aflac from $80.00 to $84.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Wells Fargo & Company decreased their price objective on Aflac from $83.00 to $81.00 and set an “equal weight” rating on the stock in a report on Thursday, April 11th. Morgan Stanley lifted their price objective on Aflac from $80.00 to $84.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. Finally, The Goldman Sachs Group lifted their price objective on Aflac from $61.00 to $75.00 and gave the company a “sell” rating in a report on Tuesday, January 9th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $82.15.

Get Our Latest Stock Report on AFL

About Aflac

(Free Report)

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.

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Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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