B.O.S.S. Retirement Advisors LLC Invests $1.84 Million in Aflac Incorporated (NYSE:AFL)

B.O.S.S. Retirement Advisors LLC acquired a new position in Aflac Incorporated (NYSE:AFL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 26,320 shares of the financial services provider’s stock, valued at approximately $1,837,000.

Other hedge funds have also recently made changes to their positions in the company. Scissortail Wealth Management LLC acquired a new stake in shares of Aflac during the 1st quarter worth approximately $287,202,000. CoreFirst Bank & Trust acquired a new stake in shares of Aflac during the 4th quarter worth approximately $25,000. Silicon Valley Capital Partners acquired a new stake in shares of Aflac during the 4th quarter worth approximately $25,000. Johnson Financial Group Inc. acquired a new stake in shares of Aflac during the 4th quarter worth approximately $25,000. Finally, Studio Investment Management LLC bought a new position in shares of Aflac during the 4th quarter worth about $27,000. 66.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

AFL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Aflac from $72.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. 58.com reaffirmed a “reiterates” rating on shares of Aflac in a research report on Friday, June 9th. Wells Fargo & Company upped their target price on Aflac from $71.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 15th. Citigroup upped their target price on Aflac from $69.00 to $76.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. Finally, Morgan Stanley downgraded shares of Aflac from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $74.00 to $75.00 in a research report on Friday, August 18th. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $75.82.

Insider Buying and Selling at Aflac

In other Aflac news, CFO James Todd Daniels sold 3,355 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $74.51, for a total value of $249,981.05. Following the completion of the sale, the chief financial officer now directly owns 60,274 shares of the company’s stock, valued at $4,491,015.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Aflac news, CFO James Todd Daniels sold 3,355 shares of the stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $74.51, for a total transaction of $249,981.05. Following the completion of the transaction, the chief financial officer now owns 60,274 shares in the company, valued at $4,491,015.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph L. Moskowitz sold 500 shares of the stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $69.60, for a total transaction of $34,800.00. Following the transaction, the director now owns 27,085 shares of the company’s stock, valued at approximately $1,885,116. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,170 shares of company stock valued at $2,286,000. Company insiders own 0.90% of the company’s stock.

Aflac Stock Performance

Shares of Aflac stock traded down $0.80 during trading hours on Friday, hitting $76.51. 5,220,708 shares of the company’s stock traded hands, compared to its average volume of 2,444,733. The stock has a market capitalization of $45.45 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 2.33 and a beta of 0.93. Aflac Incorporated has a 12-month low of $56.03 and a 12-month high of $78.43. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.07 and a quick ratio of 0.07. The company has a fifty day simple moving average of $73.94 and a 200-day simple moving average of $69.04.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Tuesday, August 1st. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.52 billion. Aflac had a net margin of 24.48% and a return on equity of 16.10%. Equities research analysts anticipate that Aflac Incorporated will post 5.98 EPS for the current fiscal year.

Aflac Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Wednesday, August 23rd were issued a $0.42 dividend. The ex-dividend date was Tuesday, August 22nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.20%. Aflac’s dividend payout ratio (DPR) is presently 22.46%.

Aflac Profile

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. 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.