Creative Planning grew its position in AFLAC Incorporated (NYSE:AFL) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 97,049 shares of the financial services provider’s stock after acquiring an additional 1,906 shares during the quarter. Creative Planning’s holdings in AFLAC were worth $8,519,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. San Francisco Sentry Investment Group CA raised its position in shares of AFLAC by 4,338.7% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 1,345 shares during the period. Harfst & Associates Inc. raised its position in shares of AFLAC by 12.0% in the second quarter. Harfst & Associates Inc. now owns 1,994 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 214 shares during the period. Princeton Portfolio Strategies Group LLC acquired a new position in shares of AFLAC in the second quarter worth about $200,000. Ifrah Financial Services Inc. acquired a new position in shares of AFLAC in the third quarter worth about $200,000. Finally, Lowe Brockenbrough & Co. Inc. acquired a new position in shares of AFLAC in the third quarter worth about $204,000. Institutional investors and hedge funds own 65.62% of the company’s stock.

In related news, President Kriss Cloninger III sold 6,057 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $87.73, for a total transaction of $531,380.61. Following the completion of the sale, the president now owns 241,099 shares of the company’s stock, valued at approximately $21,151,615.27. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Audrey B. Tillman sold 310 shares of the company’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $83.57, for a total transaction of $25,906.70. Following the sale, the insider now directly owns 41,937 shares of the company’s stock, valued at approximately $3,504,675.09. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,657 shares of company stock valued at $1,988,685. 3.00% of the stock is owned by corporate insiders.

A number of research analysts have weighed in on AFL shares. Royal Bank of Canada reiterated a “sell” rating and issued a $71.00 price objective on shares of AFLAC in a research report on Tuesday, October 10th. Zacks Investment Research downgraded shares of AFLAC from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. B. Riley restated a “neutral” rating on shares of AFLAC in a research report on Monday, November 6th. Goldman Sachs Group began coverage on shares of AFLAC in a research report on Wednesday, October 18th. They set a “neutral” rating and a $88.00 price target for the company. Finally, Wells Fargo & Co set a $84.00 price target on shares of AFLAC and gave the stock a “hold” rating in a research report on Friday, December 1st. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $80.29.

AFLAC Incorporated (NYSE AFL) opened at $86.44 on Friday. AFLAC Incorporated has a 1 year low of $66.50 and a 1 year high of $91.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market cap of $34,526.40, a PE ratio of 12.53, a P/E/G ratio of 2.43 and a beta of 1.02.

AFLAC (NYSE:AFL) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.07. AFLAC had a net margin of 12.49% and a return on equity of 12.87%. The firm had revenue of $5.51 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the prior year, the firm earned $1.74 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. analysts forecast that AFLAC Incorporated will post 6.76 earnings per share for the current year.

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AFLAC Company Profile

Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.

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Institutional Ownership by Quarter for AFLAC (NYSE:AFL)

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