TD Private Client Wealth LLC Has $732,000 Stock Holdings in Aflac Incorporated (NYSE:AFL)

TD Private Client Wealth LLC raised its position in shares of Aflac Incorporated (NYSE:AFL) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 7,072 shares of the financial services provider’s stock after acquiring an additional 155 shares during the period. TD Private Client Wealth LLC’s holdings in Aflac were worth $732,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Trust Co. NA raised its position 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 worth $791,000 after acquiring an additional 99 shares during the period. Phillips Wealth Planners LLC increased its stake in shares of Aflac by 1.5% during the 4th quarter. Phillips Wealth Planners LLC now owns 6,553 shares of the financial services provider’s stock worth $662,000 after purchasing an additional 100 shares during the last quarter. Raleigh Capital Management Inc. raised its holdings 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 worth $55,000 after purchasing an additional 100 shares during the period. TKG Advisors LLC lifted its stake in Aflac by 0.5% in the fourth quarter. TKG Advisors LLC now owns 21,255 shares of the financial services provider’s stock valued at $2,230,000 after purchasing an additional 103 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC grew its holdings in Aflac by 1.6% during 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 purchasing an additional 107 shares during the period. 67.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AFL has been the topic of several research reports. Evercore ISI lowered their target price on Aflac from $104.00 to $102.00 and set an “underperform” rating on the stock in a research note on Wednesday, December 4th. Barclays dropped their price objective on shares of Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. BMO Capital Markets began coverage on shares of Aflac in a research note on Thursday, January 23rd. They issued a “market perform” rating and a $111.00 target price for the company. Keefe, Bruyette & Woods lowered their price target on shares of Aflac from $107.00 to $104.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Aflac from $90.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Aflac currently has a consensus rating of “Hold” and a consensus target price of $103.36.

Aflac Trading Down 0.6 %

Aflac stock opened at $108.10 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.08 and a current ratio of 0.10. Aflac Incorporated has a fifty-two week low of $79.31 and a fifty-two week high of $115.50. The stock has a market cap of $59.08 billion, a P/E ratio of 11.26, a PEG ratio of 3.24 and a beta of 0.93. The firm’s fifty day moving average price is $105.95 and its 200-day moving average price is $107.61.

Aflac (NYSE:AFL) last released its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $1.56 earnings per share 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 forecast that Aflac Incorporated will post 6.88 earnings per share for the current fiscal year.

Insider Activity at Aflac

In related news, Director Charles D. Lake II sold 29,802 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $107.29, for a total value of $3,197,456.58. Following the transaction, the director now owns 49,962 shares of the company’s stock, valued at $5,360,422.98. This represents a 37.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Audrey B. Tillman sold 24,744 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $103.40, for a total value of $2,558,529.60. Following the sale, the executive vice president now owns 222,618 shares in the company, valued at $23,018,701.20. The trade was a 10.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,546 shares of company stock valued at $5,863,616 over the last three months. 0.90% of the stock is owned by corporate insiders.

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.