Short Interest to Follow: Could Aflac Incorporated (NYSE:AFL) Skyrocket? The Stock Has Too Many Sellers

November 23, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest to Follow: Could Aflac Incorporated (NYSE:AFL) Skyrocket? The Stock Has Too Many Sellers

The stock of Aflac Incorporated (NYSE:AFL) registered an increase of 3.77% in short interest. AFL’s total short interest was 7.56M shares in November as published by FINRA. Its up 3.77% from 7.29M shares, reported previously. With 1.81M shares average volume, it will take short sellers 4 days to cover their AFL’s short positions. The short interest to Aflac Incorporated’s float is 1.87%. About 579,165 shares traded hands. AFLAC Incorporated (NYSE:AFL) has risen 5.61% since April 21, 2016 and is uptrending. It has outperformed by 0.28% the S&P500.

Aflac Incorporated is a business holding company. The company has a market cap of $28.84 billion. The Firm engaged in is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus . It has a 11.3 P/E ratio. Aflac’s insurance business consists of two divisions: Aflac Japan and Aflac U.S.

Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.04, from 0.96 in 2016Q1. The ratio dived, as 50 funds sold all AFLAC Incorporated shares owned while 292 reduced positions. 80 funds bought stakes while 248 increased positions. They now own 251.49 million shares or 1.29% less from 254.79 million shares in 2016Q1.
Thompson Siegel And Walmsley Limited Liability Corporation last reported 1,060 shares in the company. Charter Trust Communication accumulated 17,001 shares or 0.14% of the stock. Brown Advisory Limited Liability Com has invested 0.08% of its portfolio in AFLAC Incorporated (NYSE:AFL). Moreover, Palisade Capital Mngmt Ltd Limited Liability Company Nj has 0.01% invested in AFLAC Incorporated (NYSE:AFL) for 5,430 shares. The Belgium-based Kbc Group Nv has invested 0.07% in AFLAC Incorporated (NYSE:AFL). Hermes Invest Mgmt Limited owns 4,000 shares or 0.01% of their US portfolio. Gerstein Fisher last reported 0.12% of its portfolio in the stock. Pitcairn, a Pennsylvania-based fund reported 12,857 shares. Hyman Charles D accumulated 0.04% or 3,492 shares. Alexandria Ltd, a Virginia-based fund reported 105 shares. Smith Howard Wealth Management Ltd Liability Com owns 11,663 shares or 0.4% of their US portfolio. Capital City Tru Fl has 0.38% invested in the company for 12,995 shares. Benjamin F Edwards And last reported 0.24% of its portfolio in the stock. Cetera Advisor Ltd Co holds 0.02% or 4,498 shares in its portfolio. Keating Inv Counselors holds 10,419 shares or 0.37% of its portfolio.

Insider Transactions: Since May 31, 2016, the stock had 0 insider buys, and 12 sales for $10.48 million net activity. Another trade for 186 shares valued at $13,627 was sold by RIMER BARBARA K. 2,853 shares with value of $199,139 were sold by WHITE TERESA L on Tuesday, May 31. Another trade for 18,856 shares valued at $1.39M was made by TILLMAN AUDREY B on Monday, September 12. $207,990 worth of shares were sold by JOHNSON DOUGLAS WAYNE on Wednesday, June 1. The insider ARIYOSHI KOJI sold 3,886 shares worth $284,455. 7,500 AFLAC Incorporated (NYSE:AFL) shares with value of $519,900 were sold by JANKE KENNETH S JR.

AFLAC Incorporated (NYSE:AFL) Ratings Coverage

Out of 16 analysts covering Aflac Incorporated (NYSE:AFL), 3 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 19% are positive. Aflac Incorporated has been the topic of 23 analyst reports since August 12, 2015 according to StockzIntelligence Inc. On Thursday, September 10 the stock rating was upgraded by Citigroup to “Buy”. The rating was downgraded by Keefe Bruyette & Woods on Friday, May 20 to “Mkt Perform”. Macquarie Research upgraded the shares of AFL in a report on Thursday, April 14 to “Outperform” rating. Deutsche Bank maintained the stock with “Hold” rating in Thursday, February 4 report. The rating was initiated by Wells Fargo with “Market Perform” on Friday, September 23. The firm has “” rating given on Monday, October 12 by Keefe Bruyette & Woods. Wood upgraded AFLAC Incorporated (NYSE:AFL) on Thursday, August 27 to “Market Perform” rating. Bruyette & Woods;KBW; KBW” upgraded AFLAC Incorporated (NYSE:AFL) rating on Thursday, August 27. Bruyette & Woods;KBW; KBW” has “Mkt Perform” rating and $68.0 price target. Sandler O’Neill downgraded the shares of AFL in a report on Monday, May 23 to “Hold” rating. The firm has “Buy” rating by Citigroup given on Thursday, February 4.

AFL Company Profile

Aflac Incorporated, incorporated on April 27, 1973, is a business holding company. The Firm engaged in is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflac’s insurance business consists of two divisions: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells supplemental insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental, and vision care plans and loss-of-income products, such as life and short-term disability plans.

More notable recent AFLAC Incorporated (NYSE:AFL) news were published by: Prnewswire.com which released: “Aflac Incorporated to Webcast 2017 Outlook Conference Call on December 2, 2016” on November 21, 2016, also Prnewswire.com with their article: “Aflac Incorporated to Webcast Live Presentation at VirtualInvestorConferences.com” published on October 27, 2016, Prnewswire.com published: “Aflac Incorporated Announces Second Quarter Results, Affirms 2016 Operating …” on July 28, 2016. More interesting news about AFLAC Incorporated (NYSE:AFL) were released by: Valuewalk.com and their article: “Dividend Aristocrats In Focus Part 12: AFLAC Incorporated (AFL)” published on October 23, 2016 as well as Equitiesfocus.com‘s news article titled: “Aflac Incorporated (NYSE:AFL) Short-Term Price Target At $72.23” with publication date: November 23, 2016.

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By Marguerite Chambers


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