Aflac (AFL) Shares Bought by Swiss National Bank

Henrietta Strickland
May 12, 2018

Its up 0.17, from 0.89 in 2017Q3. Geode Capital Management LLC now owns 4,242,709 shares of the financial services provider's stock valued at $371,660,000 after buying an additional 134,622 shares during the last quarter. The SEC filing shows that Tillman Audrey B performed a sale of 2,600 shares.

Andra Ap stated it has 102,900 shares.

Aflac Incorporated (AFL) has an annual dividend of $1.04, while its annual dividend yield is 2.29%. Blair William & Communication Il stated it has 0.01% in Aflac Incorporated (NYSE:AFL). Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 248,714 shares. The hedge funds in our database now have: 6.48 million shares, down from 7.35 million shares in 2017Q3. Buckhead Management Ltd reported 3,847 shares. Bokf Na owns 30,945 shares for 0.07% of their portfolio. This technical setup was reported on May, 11 by Finviz.com.

The stock increased 0.51% or $0.1771 during the last trading session, reaching $34.5971. The number of shares now owned by investors are 783.54 mln. Ngam L P holds 0.03% in Aflac Incorporated (NYSE:AFL) or 38,111 shares. Boston Family Office Ltd Company has invested 0.85% in Aflac Incorporated (NYSE:AFL). The Georgia-based Cap Invest Ltd has invested 0.08% in Aflac Incorporated (NYSE:AFL). Bb&T Corporation has 0.11% invested in Aflac Incorporated (NYSE:AFL).

Since February 16, 2018, it had 2 insider buys, and 4 selling transactions for $2.81 million activity. Bank of America started coverage on shares of Aflac in a research note on Monday, March 26th. $2.24 million worth of stock was sold by AMOS DANIEL P on Friday, February 16.

The stock of Aflac Incorporated (AFL) shows a multiple tops pattern with $48.98 target or 8.00 % above today's $45.35 share price. The 9 months chart pattern indicates low risk for the $35.11B company. On Thursday, February 1 the company was maintained by SunTrust. The failure rate is higher but the average decline is reasonable. The stocks meeting their targets is high for this type of breakout: 75% and 68% percent. It opened the session with a $44.78 price tag, later ranging from $44.7 to $45.46, the range at which the stock has traded at throughout the day. These shares are worth $437,200 and were traded at $43.72 each. Aflac Incorporated (NYSE:AFL) has risen 21.05% since May 11, 2017 and is uptrending. It has outperformed by 9.50% the S&P500. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. Therefore 23% are positive. The firm has $100.0 highest while $45.0 is the lowest target. Aflac Incorporated (AFL) has the market capitalization of 35.53 Billion. As per Monday, January 22, the company rating was upgraded by Raymond James. Sandler O'Neill has "Hold" rating and $4700 target. The company now has an average rating of "Hold" and a consensus price target of $46.25. Trading volume for Aflac Incorporated was 2.88 Million in its previous trading session. In Wednesday, March 21 report Barclays Capital maintained the stock with "Hold" rating. The firm has "Buy" rating given on Thursday, February 4 by Citigroup. Perhaps, that suggests something about why 1.08% of the outstanding share supply is held by institutional investors. The rating was maintained by Morgan Stanley on Monday, November 13 with "Equal-Weight". Aflac Incorporated had 60 analyst reports since August 12, 2015 according to SRatingsIntel.

A number of equities analysts have recently commented on AFL shares. Also Fool.com published the news titled: "3 Bullish Takeaways From Aflac's First Quarter" on May 08, 2018. Seekingalpha.com's news article titled: "Aflac's Q1 2018: I'm Sleeping Well With My Shares" with publication date: May 03, 2018 was also an interesting one.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides voluntary supplemental health and life insurance products. The company has market cap of $902.69 million. Aflac's dividend payout ratio is now 30.59%. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers 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.

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