Aflac Incorporated (NYSE:AFL) Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its holdings in shares of Aflac Incorporated (NYSE:AFL - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,009 shares of the financial services provider's stock after buying an additional 4,678 shares during the quarter. Avantax Advisory Services Inc.'s holdings in Aflac were worth $10,966,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Private Trust Co. NA increased its holdings in Aflac by 1.3% during the fourth quarter. Private Trust Co. NA now owns 7,643 shares of the financial services provider's stock valued at $791,000 after buying an additional 99 shares during the period. Phillips Wealth Planners LLC increased its holdings in Aflac by 1.5% during the fourth quarter. Phillips Wealth Planners LLC now owns 6,553 shares of the financial services provider's stock valued at $662,000 after buying an additional 100 shares during the period. Raleigh Capital Management Inc. increased its holdings in Aflac by 23.2% during the fourth quarter. Raleigh Capital Management Inc. now owns 531 shares of the financial services provider's stock valued at $55,000 after buying an additional 100 shares during the period. TKG Advisors LLC increased its holdings in Aflac by 0.5% during the fourth quarter. TKG Advisors LLC now owns 21,255 shares of the financial services provider's stock valued at $2,230,000 after buying an additional 103 shares during the period. Finally, Covestor Ltd increased its holdings in Aflac by 41.8% during the third quarter. Covestor Ltd now owns 363 shares of the financial services provider's stock valued at $41,000 after buying an additional 107 shares during the period. 67.44% of the stock is owned by hedge funds and other institutional investors.

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Aflac Stock Performance

Shares of AFL traded up $2.34 during trading hours on Friday, reaching $107.44. 1,395,107 shares of the company traded hands, compared to its average volume of 1,997,055. Aflac Incorporated has a 12-month low of $79.31 and a 12-month high of $115.50. The company has a quick ratio of 0.08, a current ratio of 0.10 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $58.72 billion, a P/E ratio of 11.19, a P/E/G ratio of 3.24 and a beta of 0.93. The business has a fifty day moving average price of $105.37 and a 200-day moving average price of $107.69.

Aflac (NYSE:AFL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The financial services provider reported $1.56 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.07). Aflac had a return on equity of 16.20% and a net margin of 28.76%. Equities analysts anticipate that Aflac Incorporated will post 6.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AFL has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Aflac from $90.00 to $94.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. StockNews.com upgraded shares of Aflac from a "sell" rating to a "hold" rating in a research note on Friday, February 14th. BMO Capital Markets initiated 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 target price on shares of Aflac from $107.00 to $104.00 and set a "market perform" rating for the company in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company lowered their target price on shares of Aflac from $104.00 to $102.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 19th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $103.36.

Insider Buying and Selling

In other news, EVP Audrey B. Tillman sold 24,744 shares of the firm's stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $103.40, for a total value of $2,558,529.60. Following the transaction, the executive vice president now owns 222,618 shares in the company, valued at $23,018,701.20. This trade represents a 10.00 % decrease in their ownership of the stock. 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 company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $107.29, for a total value of $3,197,456.58. Following the completion of the sale, the director now owns 49,962 shares of the company's stock, valued at approximately $5,360,422.98. The trade was a 37.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,546 shares of company stock valued at $5,863,616 over the last ninety days. Company insiders own 0.90% of the company's stock.

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.