Is there a Bearish outlook for Aflac Incorporated (NYSE:AFL) this week?

October 13, 2018 - By Peter Kolinski

Aflac Incorporated (NYSE:AFL) LogoInvestors sentiment decreased to 1.02 in Q2 2018. Its down 6.74, from 7.76 in 2018Q1. It dropped, as 35 investors sold Aflac Incorporated shares while 284 reduced holdings. 66 funds opened positions while 260 raised stakes. 491.42 million shares or 51.05% less from 1.00 billion shares in 2018Q1 were reported.
Fort Washington Advsrs Inc Oh reported 0.05% stake. Kentucky Retirement System holds 0.14% or 32,869 shares in its portfolio. Hollow Brook Wealth Management Limited holds 0.42% or 12,470 shares. Cwm Limited accumulated 2,834 shares. Putnam Invs Limited Company owns 9,239 shares for 0% of their portfolio. Illinois-based Chicago Equity Prtnrs Ltd Liability Company has invested 0.47% in Aflac Incorporated (NYSE:AFL). Blackrock Inc holds 0.1% or 50.31 million shares in its portfolio. Vantage Advisors Llc has invested 0% of its portfolio in Aflac Incorporated (NYSE:AFL). First Manhattan has invested 0% of its portfolio in Aflac Incorporated (NYSE:AFL). Lsv Asset Mngmt accumulated 6.32M shares. Moreover, Bryn Mawr Tru Communication has 0.66% invested in Aflac Incorporated (NYSE:AFL). Moors And Cabot has invested 0.05% in Aflac Incorporated (NYSE:AFL). Fmr Ltd Limited Liability Company, a Massachusetts-based fund reported 13.38 million shares. 874,492 were reported by Clark Capital Mngmt Group. Suntrust Banks reported 0.03% in Aflac Incorporated (NYSE:AFL).

Since June 29, 2018, it had 0 insider buys, and 3 selling transactions for $3.04 million activity. KIRSCH ERIC M sold $2.88M worth of Aflac Incorporated (NYSE:AFL) on Friday, June 29. MOSKOWITZ JOSEPH L had sold 1,500 shares worth $69,574.

Aflac Incorporated (NYSE:AFL) Ratings Coverage

Among 5 analysts covering Aflac (NYSE:AFL), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Aflac had 6 analyst reports since April 25, 2018 according to SRatingsIntel. Sandler O’Neill upgraded the stock to “Buy” rating in Wednesday, August 1 report. The rating was maintained by Credit Suisse with “Neutral” on Friday, August 17. Morgan Stanley maintained it with “Equal-Weight” rating and $48 target in Thursday, September 27 report. FBR Capital maintained Aflac Incorporated (NYSE:AFL) on Tuesday, August 7 with “Neutral” rating. Below is a list of Aflac Incorporated (NYSE:AFL) latest ratings and price target changes.

27/09/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $47 New Target: $48 Maintain
17/08/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $49 New Target: $45 Maintain
07/08/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $42 New Target: $46 Maintain
01/08/2018 Broker: Sandler O’Neill Old Rating: Hold New Rating: Buy Upgrade
26/04/2018 Broker: J.P. Morgan Rating: Buy New Target: $47.0000
25/04/2018 Broker: Credit Suisse Rating: Neutral New Target: $49 Initiates Coverage On

The stock decreased 0.99% or $0.44 during the last trading session, reaching $44.05. About 4.44M shares traded or 56.44% up from the average. Aflac Incorporated (NYSE:AFL) has risen 12.62% since October 13, 2017 and is uptrending. It has underperformed by 3.00% the S&P500.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. The company has market cap of $33.82 billion. It operates through two divisions, Aflac Japan and Aflac U.S. It has a 7.15 P/E ratio. The Aflac Japan segment offers various 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.

Aflac Incorporated (NYSE:AFL) Institutional Positions Chart

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