Ownership Action Don’t Lie: Aflac Inc’s (NYSE:AFL) Sentiment is 0.92

January 11, 2017 - By Nellie Frank   ·   0 Comments

Ownership Action Don't Lie: Aflac Inc's (NYSE:AFL) Sentiment is 0.92

Sentiment for Aflac Inc (NYSE:AFL)

Aflac Inc (NYSE:AFL) institutional sentiment decreased to 0.92 in 2016 Q3. Its down -0.04, from 0.96 in 2016Q2. The ratio has dropped, as 326 investment managers started new and increased stock positions, while 355 sold and reduced equity positions in Aflac Inc. The investment managers in our partner’s database now own: 248.91 million shares, down from 251.49 million shares in 2016Q2. Also, the number of investment managers holding Aflac Inc in their top 10 stock positions decreased from 27 to 22 for a decrease of 5. Sold All: 35 Reduced: 320 Increased: 256 New Position: 70.

Aflac Incorporated is a business holding company. The company has a market cap of $28.46 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 11.09 P/E ratio. Aflac’s insurance business consists of two divisions: Aflac Japan and Aflac U.S.

About 1.89 million shares traded hands. AFLAC Incorporated (NYSE:AFL) has risen 0.17% since June 7, 2016 and is uptrending. It has underperformed by 7.25% 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 $696.83M for 10.21 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 35.68% of its portfolio in AFLAC Incorporated for 3.00 million shares. Greatmark Investment Partners Inc. owns 268,630 shares or 8.4% of their US portfolio. Moreover, Chesapeake Asset Management Llc has 6.77% invested in the company for 104,031 shares. The Alberta – Canada-based Qv Investors Inc. has invested 6.57% in the stock. Smead Capital Management Inc., a Washington-based fund reported 1.56 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 insider purchase, and 11 sales for $10.27 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”, 3 “Sell” rating, while 10 recommend “Hold”. The lowest target is $7 while the high is $71. The stock’s average target of $62.27 is -10.84% below today’s ($69.84) share price. AFL was included in 25 notes of analysts from August 12, 2015. As per Monday, October 12, the company rating was maintained by Keefe Bruyette & Woods. On Thursday, September 10 the stock rating was upgraded by Citigroup to “Buy”. Deutsche Bank maintained the shares of AFL in a report on Thursday, February 4 with “Hold” rating. The rating was maintained by RBC Capital Markets on Tuesday, February 2 with “Sector Perform”. The firm has “Hold” rating by Sandler O’Neill given on Friday, December 11. The firm has “Market Perform” rating by Wood given on Thursday, August 27. The stock of AFLAC Incorporated (NYSE:AFL) earned “Underperform” rating by Bank of America on Wednesday, August 19. The company was maintained on Monday, December 5 by Deutsche Bank. Sandler O’Neill downgraded the shares of AFL in a report on Monday, May 23 to “Hold” rating. The company was downgraded on Friday, December 9 by RBC Capital Markets.

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 important recent AFLAC Incorporated (NYSE:AFL) news were published by: Prnewswire.com which released: “Aflac Incorporated Announces Appointment of New Board Member Karole F. Lloyd” on January 06, 2017, also Prnewswire.com published article titled: “Aflac Incorporated Announces Early Results Of Its Notes Tender Offer And …”, Equitiesfocus.com published: “Aflac Incorporated (NYSE:AFL) 200-day MA At $71.44” on December 28, 2016. More interesting news about AFLAC Incorporated (NYSE:AFL) was released by: Equitiesfocus.com and their article: “Aflac Incorporated (NYSE:AFL) Payout At $0.43 A Share” with publication date: January 03, 2017.

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By Nellie Frank

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