Hsbc Holdings PLC Has $117.19 Million Stock Holdings in Aflac ...
π Hsbc Holdings PLC increased its Aflac position by 5.8% in Q4, adding 58,018 shares to a total holding of 1,061,308 shares valued at $117.19 million.
π¦ Institutional investors own 67.44% of Aflac's stock, with Pure Financial Advisors increasing its stake by 2.6% to 10,790 shares.
π° Post Holdings Co. Ltd. Japan sold 30,000 shares for $3.52 million on June 16th under a Rule 10b5-1 trading plan.
π Insiders have sold over 1 million shares worth $118.3 million in the last ninety days, though they still own 0.80% of the stock.
π΅ Aflac paid a $0.61 quarterly dividend on June 1st with an annualized yield of 2.1% and a payout ratio of 27.70%.
π The company trades at a P/E ratio of 13.11 with a market cap of $58.79 billion and a beta of 0.61.
π― Piper Sandler raised its price target to $130 with an overweight rating, while Morgan Stanley increased its target to $125.
βοΈ Wells Fargo lowered its price target to $111 with an equal weight rating, and Mizuho set a lower objective at $104.
π The consensus analyst price target is $112.27 with an average rating of Hold across the industry.
- Hsbc Holdings PLC increased its stake by 5.8% in Q4, adding 58,018 shares to a total holding of 1,061,308 shares valued at $117.19 million.
- Pure Financial Advisors LLC lifted its holdings by 2.6% during the fourth quarter, now owning 10,790 shares valued at $1.19 million.
- Piper Sandler raised its price target on Aflac from $125.00 to $130.00 and reaffirmed an overweight rating.
- Morgan Stanley increased its price target from $120.00 to $125.00 and maintained an equal weight rating.
- Keefe, Bruyette & Woods raised their price target from $113.00 to $115.00 with a market perform rating.
- Aflac recently paid a quarterly dividend of $0.61 per share on June 1st, representing a 2.1% yield.
- Wells Fargo & Company decreased their target price on shares of Aflac from $116.00 to $111.00 and set an equal weight rating.
- Mizuho set a lower price objective of $104.00 in a report issued on Monday, May 4th.
- Over the last ninety days, insiders have sold 1,026,856 shares worth $118,318,678, indicating some insider selling pressure.