Unison Advisors LLC Purchases 206 Shares of Aflac Incorporated (NYSE:AFL)

Unison Advisors LLC boosted its holdings in shares of Aflac Incorporated (NYSE:AFL) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,563 shares of the financial services provider’s stock after buying an additional 206 shares during the period. Aflac makes up about 0.6% of Unison Advisors LLC’s holdings, making the stock its 24th largest holding. Unison Advisors LLC’s holdings in Aflac were worth $5,094,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AFL. Y.D. More Investments Ltd bought a new stake in shares of Aflac during the 2nd quarter valued at about $25,000. Atwood & Palmer Inc. lifted its position in Aflac by 80.0% during the first 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 last quarter. OFI Invest Asset Management purchased a new position in Aflac in the 1st quarter worth approximately $29,000. Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Aflac in the 1st quarter worth $34,000. Finally, Cedar Wealth Management LLC bought a new position in Aflac in the first quarter valued at $50,000. Institutional investors own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. UBS Group upped their target price on Aflac from $84.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 14th. Citigroup increased their target price on shares of Aflac from $84.00 to $93.00 and gave the company a “neutral” rating in a report on Tuesday, July 23rd. Bank of America boosted their price target on shares of Aflac from $108.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Wells Fargo & Company raised their price objective on Aflac from $81.00 to $90.00 and gave the company an “equal weight” rating in a research note on Monday, August 12th. Finally, Piper Sandler boosted their target price on Aflac from $114.00 to $122.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $95.87.

Aflac Stock Up 0.7 %

Shares of AFL stock traded up $0.77 during mid-day trading on Thursday, reaching $111.83. 299,270 shares of the company’s stock traded hands, compared to its average volume of 2,245,622. The company’s 50-day moving average price is $107.42 and its 200-day moving average price is $94.51. The company has a market cap of $63.54 billion, a P/E ratio of 12.26, a P/E/G ratio of 2.60 and a beta of 0.95. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 12 month low of $75.07 and a 12 month high of $115.50.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.83 EPS for the quarter, topping the consensus estimate of $1.60 by $0.23. Aflac had a net margin of 28.35% and a return on equity of 16.22%. The business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Aflac’s quarterly revenue was down .7% on a year-over-year basis. On average, equities analysts expect that Aflac Incorporated will post 6.75 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 2nd. Investors of record on Wednesday, August 21st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend was Wednesday, August 21st. Aflac’s dividend payout ratio (DPR) is presently 22.08%.

Insiders Place Their Bets

In other news, Director Thomas J. Kenny sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $98.94, for a total transaction of $197,880.00. Following the completion of the transaction, the director now directly owns 18,158 shares in the company, valued at $1,796,552.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate 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.