Shelton Capital Management Cuts Stake in AFLAC Incorporated (AFL)
Shelton Capital Management decreased its position in shares of AFLAC Incorporated (NYSE:AFL) by 34.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,445 shares of the financial services provider’s stock after selling 1,800 shares during the quarter. Shelton Capital Management’s holdings in AFLAC were worth $302,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of AFL. SeaCrest Wealth Management LLC bought a new position in shares of AFLAC during the 4th quarter worth $101,000. Omnia Family Wealth LLC grew its stake in shares of AFLAC by 261.9% during the 4th quarter. Omnia Family Wealth LLC now owns 1,245 shares of the financial services provider’s stock worth $109,000 after acquiring an additional 901 shares during the period. San Francisco Sentry Investment Group CA grew its stake in shares of AFLAC by 4,338.7% during the 3rd 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. Legacy Advisors LLC grew its stake in shares of AFLAC by 921.5% during the 4th quarter. Legacy Advisors LLC now owns 1,471 shares of the financial services provider’s stock worth $129,000 after acquiring an additional 1,327 shares during the period. Finally, Calton & Associates Inc. bought a new position in shares of AFLAC during the 4th quarter worth $145,000. Institutional investors own 66.16% of the company’s stock.
In other AFLAC news, COO Masatoshi Koide sold 6,250 shares of the firm’s stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $88.00, for a total value of $550,000.00. Following the sale, the chief operating officer now owns 25,037 shares of the company’s stock, valued at approximately $2,203,256. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP James Todd Daniels sold 1,430 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $87.11, for a total value of $124,567.30. Following the completion of the sale, the vice president now directly owns 12,708 shares in the company, valued at approximately $1,106,993.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,347 shares of company stock worth $1,962,778. Insiders own 3.00% of the company’s stock.
AFLAC Incorporated (NYSE:AFL) opened at $84.77 on Friday. AFLAC Incorporated has a 12 month low of $69.81 and a 12 month high of $91.73. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $33,098.87, a PE ratio of 7.70, a price-to-earnings-growth ratio of 2.21 and a beta of 1.01.
AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, January 31st. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.55 by $0.05. AFLAC had a return on equity of 12.32% and a net margin of 20.18%. The business had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter last year, the company earned $1.44 EPS. The firm’s revenue was down 8.9% compared to the same quarter last year. equities analysts expect that AFLAC Incorporated will post 7.68 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Wednesday, February 21st will be issued a $0.52 dividend. The ex-dividend date is Tuesday, February 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.45%. This is a boost from AFLAC’s previous quarterly dividend of $0.45. AFLAC’s dividend payout ratio (DPR) is presently 16.35%.
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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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