Is Buying Aflac Incorporated (NYSE:AFL) Here Good Idea?

September 14, 2018 - By Lisa Delgado

Aflac Incorporated (NYSE:AFL) Logo

Investors sentiment decreased to 1.02 in Q2 2018. Its down 6.74, from 7.76 in 2018Q1. It turned negative, as 35 investors sold Aflac Incorporated shares while 284 reduced holdings. 66 funds opened positions while 260 raised stakes. 491.42 million shares or 51.05% less from 1.00 billion shares in 2018Q1 were reported.
Mitchell Mcleod Pugh Williams Incorporated accumulated 0.5% or 16,466 shares. Shelton Mgmt has 6,890 shares for 0.02% of their portfolio. Willow Creek Wealth Mgmt accumulated 6,836 shares. Argent Com, a Tennessee-based fund reported 7,716 shares. 26,485 were reported by Cap City Tru Communications Fl. Aqr Capital Management Lc reported 13.63 million shares. Bancorp Of Montreal Can stated it has 1.42 million shares. Bridgewater Associates Ltd Partnership reported 0.06% of its portfolio in Aflac Incorporated (NYSE:AFL). Gideon Capital Advsr accumulated 5,183 shares or 0.11% of the stock. Canada Pension Plan Board accumulated 1.12M shares or 0.09% of the stock. Regal Inv Advsr Ltd invested in 0.3% or 22,726 shares. Wetherby Asset Mgmt owns 0.13% invested in Aflac Incorporated (NYSE:AFL) for 21,885 shares. Rdl Inc owns 21,382 shares. Leavell Management owns 124,087 shares or 0.61% of their US portfolio. Beacon Mngmt reported 150 shares.

Since March 26, 2018, it had 0 insider purchases, and 3 selling transactions for $3.38 million activity. KIRSCH ERIC M had sold 66,447 shares worth $2.88M on Friday, June 29. 1,500 shares valued at $69,574 were sold by MOSKOWITZ JOSEPH L on Tuesday, September 11.

The stock of Aflac Incorporated (NYSE:AFL) registered an increase of 3.83% in short interest. AFL’s total short interest was 11.67 million shares in September as published by FINRA. Its up 3.83% from 11.24M shares, reported previously. With 2.47 million shares average volume, it will take short sellers 5 days to cover their AFL’s short positions.

The stock increased 0.81% or $0.38 during the last trading session, reaching $47.08. About 483,814 shares traded. Aflac Incorporated (NYSE:AFL) has risen 12.62% since September 14, 2017 and is uptrending. It has underperformed by 3.00% the S&P500.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. The company has market cap of $36.15 billion. It operates through two divisions, Aflac Japan and Aflac U.S. It has a 7.64 P/E ratio. The Aflac Japan segment offers various 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 in Japan.

Aflac Incorporated (NYSE:AFL) Ratings Coverage

Among 8 analysts covering AFLAC Inc (NYSE:AFL), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. AFLAC Inc has $49 highest and $45 lowest target. $46.75’s average target is -0.70% below currents $47.08 stock price. AFLAC Inc had 10 analyst reports since March 20, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan on Tuesday, March 27 with “Overweight”. The firm has “Buy” rating given on Wednesday, August 1 by Sandler O’Neill. Keefe Bruyette & Woods maintained the shares of AFL in report on Tuesday, March 20 with “Hold” rating. The stock of Aflac Incorporated (NYSE:AFL) earned “Neutral” rating by Credit Suisse on Friday, August 17. The stock has “Hold” rating by Sandler O’Neill on Thursday, April 5. Barclays Capital maintained the shares of AFL in report on Wednesday, March 21 with “Hold” rating. The rating was maintained by FBR Capital with “Neutral” on Tuesday, August 7. Bank of America maintained Aflac Incorporated (NYSE:AFL) rating on Monday, March 26. Bank of America has “Neutral” rating and $49 target.

Aflac Incorporated (NYSE:AFL) Institutional Positions Chart

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