B.O.S.S. Retirement Advisors LLC Acquires 5,459 Shares of Aflac Incorporated (NYSE:AFL)

B.O.S.S. Retirement Advisors LLC increased its position in shares of Aflac Incorporated (NYSE:AFL - Free Report) by 12.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,801 shares of the financial services provider's stock after buying an additional 5,459 shares during the quarter. Aflac accounts for 1.1% of B.O.S.S. Retirement Advisors LLC's portfolio, making the stock its 26th biggest holding. B.O.S.S. Retirement Advisors LLC's holdings in Aflac were worth $5,344,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Y.D. More Investments Ltd bought a new stake in shares of Aflac in the 2nd quarter valued at approximately $25,000. Atwood & Palmer Inc. grew its stake in shares of Aflac by 80.0% in the 1st quarter. Atwood & Palmer Inc. now owns 315 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 140 shares during the period. OFI Invest Asset Management bought a new stake in shares of Aflac in the 1st quarter valued at approximately $29,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Aflac in the 1st quarter valued at approximately $34,000. Finally, Cedar Wealth Management LLC bought a new stake in shares of Aflac in the 1st quarter valued at approximately $50,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AFL shares. Wells Fargo & Company upped their price objective on Aflac from $90.00 to $106.00 and gave the company an "equal weight" rating in a research note on Thursday, October 10th. Morgan Stanley boosted their target price on Aflac from $91.00 to $98.00 and gave the stock an "equal weight" rating in a report on Monday, August 19th. TD Cowen initiated coverage on Aflac in a report on Wednesday, October 9th. They issued a "hold" rating and a $102.00 target price on the stock. Barclays initiated coverage on Aflac in a report on Wednesday, September 4th. They issued an "underweight" rating and a $96.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on Aflac from $85.00 to $90.00 and gave the stock a "neutral" rating in a report on Thursday, October 3rd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Aflac has a consensus rating of "Hold" and a consensus target price of $97.53.

Aflac Trading Up 0.6 %

NYSE:AFL traded up $0.63 during trading hours on Thursday, hitting $115.01. 1,859,496 shares of the stock were exchanged, compared to its average volume of 2,241,181. The company's 50 day moving average is $109.13 and its two-hundred day moving average is $95.63. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $65.35 billion, a P/E ratio of 12.69, a price-to-earnings-growth ratio of 2.62 and a beta of 0.95. Aflac Incorporated has a twelve month low of $75.07 and a twelve month high of $115.50.

Aflac (NYSE:AFL - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.23. The company had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $4.10 billion. Aflac had a return on equity of 16.22% and a net margin of 28.35%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.58 EPS. On average, sell-side analysts anticipate that Aflac Incorporated will post 6.76 earnings per share for the current fiscal year.

Aflac Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 2nd. Stockholders of record on Wednesday, August 21st were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, August 21st. Aflac's dividend payout ratio (DPR) is currently 22.08%.

Insider Activity

In other Aflac news, Director Thomas J. Kenny sold 2,000 shares of Aflac stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $98.94, for a total transaction of $197,880.00. Following the transaction, the director now directly owns 18,158 shares in the company, valued at approximately $1,796,552.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.90% of the stock is currently owned by company 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.