E. Ohman J or Asset Management AB Has $2.52 Million Holdings in Aflac Incorporated (NYSE:AFL)

E. Ohman J or Asset Management AB boosted its holdings in Aflac Incorporated (NYSE:AFL) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,370 shares of the financial services provider’s stock after purchasing an additional 1,870 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Aflac were worth $2,521,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. raised its position in shares of Aflac by 75.2% in the third quarter. Franklin Resources Inc. now owns 776,131 shares of the financial services provider’s stock valued at $88,533,000 after buying an additional 333,083 shares in the last quarter. Aptus Capital Advisors LLC increased its stake in Aflac by 79.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 27,354 shares of the financial services provider’s stock worth $3,058,000 after acquiring an additional 12,131 shares during the period. Transamerica Financial Advisors Inc. acquired a new position in Aflac in the 3rd quarter valued at $979,000. FMR LLC lifted its position in shares of Aflac by 4.0% during the 3rd quarter. FMR LLC now owns 1,202,104 shares of the financial services provider’s stock valued at $134,395,000 after acquiring an additional 45,745 shares during the period. Finally, Fulton Breakefield Broenniman LLC acquired a new stake in shares of Aflac during the 3rd quarter worth $250,000. Institutional investors own 67.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AFL shares. StockNews.com upgraded Aflac from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. Barclays raised their target price on shares of Aflac from $96.00 to $98.00 and gave the company an “underweight” rating in a report on Monday, January 6th. Evercore ISI cut their price target on shares of Aflac from $104.00 to $102.00 and set an “underperform” rating for the company in a report on Wednesday, December 4th. Wells Fargo & Company lifted their price objective on shares of Aflac from $103.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 14th. Finally, Truist Financial upped their target price on Aflac from $100.00 to $105.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $103.71.

Insider Transactions at Aflac

In related news, EVP Audrey B. Tillman sold 24,744 shares of Aflac stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $103.40, for a total transaction of $2,558,529.60. Following the sale, the executive vice president now directly owns 222,618 shares in the company, valued at $23,018,701.20. This trade represents a 10.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.80% of the company’s stock.

Aflac Stock Up 0.1 %

Shares of AFL opened at $106.79 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.08 and a current ratio of 0.08. Aflac Incorporated has a 52 week low of $75.44 and a 52 week high of $115.50. The stock has a market capitalization of $59.33 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 2.16 and a beta of 0.99. The stock has a fifty day moving average of $105.37 and a 200-day moving average of $106.64.

Aflac Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.17%. This is a positive change from Aflac’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, February 19th. Aflac’s dividend payout ratio (DPR) is presently 30.12%.

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.