Compass Capital Corp MA ADV Makes New $488,000 Investment in Aflac Incorporated (NYSE:AFL)

Compass Capital Corp MA ADV acquired a new position in Aflac Incorporated (NYSE:AFL - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,391 shares of the financial services provider's stock, valued at approximately $488,000.

A number of other hedge funds also recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in shares of Aflac in the 4th quarter worth approximately $26,000. BankPlus Trust Department acquired a new position in shares of Aflac in the 4th quarter worth approximately $34,000. Curio Wealth LLC acquired a new position in shares of Aflac in the 4th quarter worth approximately $36,000. OFI Invest Asset Management acquired a new position in shares of Aflac in the 4th quarter worth approximately $38,000. Finally, Capital A Wealth Management LLC acquired a new position in shares of Aflac in the 4th quarter worth approximately $38,000. Institutional investors own 67.44% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AFL. Piper Sandler increased their target price on Aflac from $118.00 to $124.00 and gave the stock an "overweight" rating in a report on Wednesday, April 2nd. Morgan Stanley raised their price target on Aflac from $100.00 to $105.00 and gave the company an "equal weight" rating in a report on Monday, May 19th. Wells Fargo & Company raised their price target on Aflac from $102.00 to $103.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Raymond James Financial dropped their price target on Aflac from $115.00 to $110.00 and set an "outperform" rating for the company in a report on Thursday, May 29th. Finally, Barclays raised their price target on Aflac from $95.00 to $96.00 and gave the company an "underweight" rating in a report on Thursday, May 1st. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $104.93.

Aflac Stock Up 0.7%

Shares of Aflac stock traded up $0.68 during trading on Friday, reaching $103.31. The stock had a trading volume of 6,258,903 shares, compared to its average volume of 2,129,449. The company has a market capitalization of $55.85 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 3.18 and a beta of 0.82. The stock has a fifty day moving average price of $104.98 and a two-hundred day moving average price of $105.29. Aflac Incorporated has a 52 week low of $88.00 and a 52 week high of $115.50. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.29.

Aflac (NYSE:AFL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $1.66 EPS for the quarter, missing analysts' consensus estimates of $1.67 by ($0.01). The firm had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $4.53 billion. Aflac had a net margin of 21.27% and a return on equity of 15.55%. The business's revenue for the quarter was down 37.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.66 earnings per share. Sell-side analysts predict that Aflac Incorporated will post 6.88 EPS for the current fiscal year.

Aflac Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 21st were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Wednesday, May 21st. Aflac's dividend payout ratio is currently 36.25%.

Insider Activity at Aflac

In related news, Director Masatoshi Koide sold 37,000 shares of Aflac stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $105.59, for a total value of $3,906,830.00. Following the sale, the director now owns 70,992 shares of the company's stock, valued at approximately $7,496,045.28. The trade was a 34.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph L. Moskowitz sold 1,000 shares of Aflac stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $106.79, for a total value of $106,790.00. Following the completion of the sale, the director now directly owns 26,096 shares in the company, valued at approximately $2,786,791.84. This represents a 3.69% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,750 shares of company stock valued at $4,304,295. 0.90% of the stock is owned by insiders.

About Aflac

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.