Mutual of America Capital Management LLC Sells 2,171 Shares of Aflac Incorporated (NYSE:AFL)

Mutual of America Capital Management LLC lowered its stake in shares of Aflac Incorporated (NYSE:AFL) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,897 shares of the financial services provider’s stock after selling 2,171 shares during the period. Mutual of America Capital Management LLC’s holdings in Aflac were worth $6,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of AFL. Private Trust Co. NA lifted its position in shares of Aflac by 1.3% in the fourth quarter. Private Trust Co. NA now owns 7,643 shares of the financial services provider’s stock worth $791,000 after buying an additional 99 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Aflac by 4.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,167 shares of the financial services provider’s stock worth $328,000 after acquiring an additional 132 shares during the last quarter. HC Advisors LLC purchased a new stake in shares of Aflac during the 4th quarter worth approximately $224,000. Versor Investments LP bought a new position in shares of Aflac during the 4th quarter valued at approximately $545,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of Aflac in the fourth quarter valued at $192,000. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Insider Activity

In other Aflac news, EVP Audrey B. Tillman sold 24,744 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $103.40, for a total transaction of $2,558,529.60. Following the transaction, 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 document filed with the SEC, which is available through the SEC website. Insiders own 0.90% of the company’s stock.

Aflac Stock Up 0.5 %

NYSE:AFL opened at $110.00 on Tuesday. The company has a market cap of $61.11 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 3.24 and a beta of 0.99. Aflac Incorporated has a twelve month low of $78.62 and a twelve month high of $115.50. The company has a current ratio of 0.10, a quick ratio of 0.08 and a debt-to-equity ratio of 0.29. The stock has a fifty day simple moving average of $104.71 and a 200-day simple moving average of $107.65.

Aflac (NYSE:AFL) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $1.56 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.07). Aflac had a net margin of 28.76% and a return on equity of 16.20%. Analysts anticipate that Aflac Incorporated will post 6.88 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AFL shares. Morgan Stanley upped their price target on shares of Aflac from $98.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday. Barclays decreased their target price on shares of Aflac from $98.00 to $95.00 and set an “underweight” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company dropped their price target on Aflac from $104.00 to $102.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 19th. StockNews.com upgraded Aflac from a “sell” rating to a “hold” rating in a research report on Friday, February 14th. Finally, Keefe, Bruyette & Woods dropped their target price on Aflac from $107.00 to $104.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $103.36.

Aflac Company Profile

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.