Ownership Don’t Lie: Aflac Inc (NYSE:AFL) Institutional Investor Sentiment Trend

November 25, 2016 - By Richard Conner   ·   0 Comments

Ownership Don't Lie: Aflac Inc (NYSE:AFL) Institutional Investor Sentiment Trend

Sentiment for Aflac Inc (NYSE:AFL)

Aflac Inc (NYSE:AFL) institutional sentiment decreased to 0.92 in 2016 Q2. Its down -0.04, from 0.96 in 2016Q1. The ratio dived, as 328 investment professionals opened new and increased holdings, while 342 sold and reduced their stock positions in Aflac Inc. The investment professionals in our partner’s database reported: 251.49 million shares, down from 254.79 million shares in 2016Q1. Also, the number of investment professionals holding Aflac Inc in their top 10 holdings increased from 18 to 27 for an increase of 9. Sold All: 50 Reduced: 292 Increased: 248 New Position: 80.

Aflac Incorporated is a business holding company. The company has a market cap of $29.41 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 11.37 P/E ratio. Aflac’s insurance business consists of two divisions: Aflac Japan and Aflac U.S.

The stock increased 0.62% or $0.44 on November 23, hitting $71.62. AFLAC Incorporated (NYSE:AFL) has risen 5.45% since April 22, 2016 and is uptrending. It has outperformed by 0.04% the S&P500.

Analysts await AFLAC Incorporated (NYSE:AFL) to report earnings on February, 6. They expect $1.71 earnings per share, up 9.62% or $0.15 from last year’s $1.56 per share. AFL’s profit will be $702.19M for 10.47 P/E if the $1.71 EPS becomes a reality. After $1.82 actual earnings per share reported by AFLAC Incorporated for the previous quarter, Wall Street now forecasts -6.04% negative EPS growth.

According to Zacks Investment Research, “AFLAC Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its primary business is supplemental health and life insurance, which is marketed and administered primarily through its subsidiary, American Family Life Assurance Company of Columbus.”

Mizuho Bank Ltd. holds 41.24% of its portfolio in AFLAC Incorporated for 3.00 million shares. Greatmark Investment Partners Inc. owns 272,224 shares or 8.77% of their US portfolio. Moreover, Qv Investors Inc. has 7.43% invested in the company for 811,288 shares. The Minnesota-based Jnba Financial Advisors has invested 6.74% in the stock. Chesapeake Asset Management Llc, a New York-based fund reported 104,031 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 12 sales for $10.48 million net activity.

AFLAC Incorporated (NYSE:AFL) Ratings Coverage

Ratings analysis reveals 19% of Aflac Incorporated’s analysts are positive. Out of 16 Wall Street analysts rating Aflac Incorporated, 3 give it “Buy”, 2 “Sell” rating, while 11 recommend “Hold”. The lowest target is $63 while the high is $71. The stock’s average target of $67.36 is -5.95% below today’s ($71.62) share price. AFL was included in 23 notes of analysts from August 12, 2015. The stock of AFLAC Incorporated (NYSE:AFL) has “Sector Perform” rating given on Tuesday, February 2 by RBC Capital Markets. Deutsche Bank maintained the shares of AFL in a report on Thursday, February 4 with “Hold” rating. The firm has “Mkt Perform” rating given on Friday, May 20 by Keefe Bruyette & Woods. The firm has “Hold” rating by Sandler O’Neill given on Monday, May 23. Wood upgraded it to “Market Perform” rating and $68 target price in Thursday, August 27 report. The firm has “Underperform” rating by Credit Suisse given on Friday, October 7. The stock has “Market Perform” rating given by FBR Capital on Tuesday, May 10. The firm earned “Hold” rating on Friday, December 11 by Sandler O’Neill. Citigroup upgraded the shares of AFL in a report on Thursday, September 10 to “Buy” rating. Citigroup maintained it with “Buy” rating and $70 target price in Thursday, February 4 report.

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: Prnewswire.com and their article: “Aflac Incorporated to Release Third Quarter Results on October 27, 2016” published on September 13, 2016 as well as Nasdaq.com‘s news article titled: “Aflac Incorporated (AFL) Ex-Dividend Date Scheduled for November 14, 2016” with publication date: November 11, 2016.

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By Richard Conner

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