Sandler O’Neill Keeps “Hold” Rating for Aflac Incorporated (NYSE:AFL) stock. What’s the Best Move for Investors?


Aflac Incorporated (NYSE:AFL) Rating Reaffirmed

Sandler O’Neill has reaffirmed their “Hold” rating on Aflac Incorporated (NYSE:AFL) in analysts report shared with investors and clients on Friday morning.

From a total of 15 analysts covering Aflac Incorporated (NYSE:AFL) stock, 5 rate it a ”Buy”, 1 a “Sell”, and 13 a ”Hold”. This means that 26% of the ratings are positive. The highest target price is $76 while the lowest target price is $62. The mean of all analyst targets is $67.67 with a 15.35% above today’s ($59.53) stock price. Aflac Incorporated was the topic of 10 analyst reports since August 12, 2015 according to the firm StockzIntelligence Inc. Citigroup upgraded shares on September 10 to “Buy” rating. Wood upgraded AFL stock in a recent report from August 27 to “Market Perform” rating.

Approximately 1.26 million shares of stock traded hands. AFLAC Incorporated (NYSE:AFL) has declined 4.87% since May 8, 2015 and is downtrending. It has underperformed by 1.86% the S&P500.

The overall sentiment of institutions has increased to 0.94 in Q2 2015. Its up 0.03, from 0.91 in 2015Q2. The ratio increased, as 44 institutions have sold all the shares of AFLAC Incorporated that they owned while 296 funds have taken shares off the table. 58 funds have purchased shares for the first time while 262 added to their positions. These institutions now hold 264.21 million shares or 6.85% more than the 247.29 million shares they owned in 2015Q2.

The Fund Mizuho Bank Ltd. currently is holding shares equating to 20.37% of its total portfolio in AFLAC Incorporated representing a total of 3.00 million shares. Another fund,Portland Investment Counsel Inc., is holding a total of 153,600 shares equating to 17.18% of their holdings. Additionally, Greatmark Investment Partners Inc. has a 283,841 share stake in AFLAC Incorporated which represents 7.63% of their total portfolio. The Fund, Qv Investors Inc., based out of Alberta – Canada, has also built up a stake in the stock, which represents a total of 6.92% of their total portfolio. Finally Chesapeake Asset Management Llc, a fund which is based in the state of New York reported a total holdings of 112,692 shares.

Insider activity is a very important aspect to track on any stock. Going back to March 18, 2015, shareholders of AFLAC Incorporated have witnessed 0 insider buys, and a total of 6 sales equating to a net activity of approximately $20.97 million . Kirsch Eric M sold 65,627 shares worth approximately $4.13M. White Teresa L sold 2,482 shares worth approximately $157,560. Cloninger Kriss Iii sold 32,563 shares worth approximately $2.10 million. Howard June P sold 1,500 shares worth approximately $96,184. The company insider Rimer Barbara K sold 3,752 shares worth $239,806.

Aflac Incorporated is a business holding company. The company has a market cap of $25.87 billion. The Firm is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). It has 10.43 P/E ratio. Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss.

According to Zacks Investment Research, “AFLAC Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its primary business is supplemental health and life insurance, which is marketed and administered primarily through its subsidiary, American Family Life Assurance Company of Columbus.” Get a free copy of the Zacks research report on AFLAC Incorporated (AFL).