Can Aflac Incorporated (NYSE:AFL)’s Tomorrow be Different? The Stock Had Increase in Shorts

June 20, 2017 - By Peter Erickson

 Can Aflac Incorporated (NYSE:AFL)’s Tomorrow be Different? The Stock Had Increase in Shorts

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.09, from 0.92 in 2016Q3. It is negative, as 66 investors sold AFLAC Incorporated shares while 316 reduced holdings. 73 funds opened positions while 245 raised stakes. 251.81 million shares or 1.17% more from 248.91 million shares in 2016Q3 were reported.
Advisor Prtn Limited Liability reported 8,640 shares. Balyasny Asset Mngmt Lc holds 20,844 shares or 0.01% of its portfolio. Berkshire Asset Limited Liability Co Pa owns 0.05% invested in AFLAC Incorporated (NYSE:AFL) for 6,119 shares. Strategic Glob Ltd Co invested in 0.46% or 17,972 shares. The California-based Blume Cap Mngmt has invested 0.04% in AFLAC Incorporated (NYSE:AFL). Moreover, Umb Bank N A Mo has 0.05% invested in AFLAC Incorporated (NYSE:AFL) for 21,456 shares. Goldman Sachs Group Inc accumulated 3.09 million shares or 0.06% of the stock. Smead Cap Mngmt Inc has 1.38M shares. Pennsylvania-based Smithfield Trust Com has invested 0.05% in AFLAC Incorporated (NYSE:AFL). Pettyjohn Wood & White Inc invested 0.09% of its portfolio in AFLAC Incorporated (NYSE:AFL). Moreover, Mariner Wealth Advsrs Limited Liability Company has 0.01% invested in AFLAC Incorporated (NYSE:AFL) for 3,641 shares. Blair William Il has 0% invested in AFLAC Incorporated (NYSE:AFL) for 4,952 shares. Ipswich Inv Mgmt owns 3,420 shares. Invsts Asset Of Georgia Ga Adv accumulated 0.37% or 7,200 shares. Credit Agricole S A invested 0.04% in AFLAC Incorporated (NYSE:AFL).

Since February 3, 2017, it had 2 insider purchases, and 15 selling transactions for $21.49 million activity. WILKEY ROBIN Y sold 3,650 shares worth $255,404. $143,147 worth of AFLAC Incorporated (NYSE:AFL) was sold by JOHNSON ROBERT B. The insider Daniels James Todd sold $101,351. AMOS DANIEL P had sold 1,317 shares worth $95,595. Lloyd Karole also bought $77,013 worth of AFLAC Incorporated (NYSE:AFL) shares. The insider TILLMAN AUDREY B sold 900 shares worth $64,763. $17.25M worth of AFLAC Incorporated (NYSE:AFL) was sold by AMOS PAUL S II on Monday, June 12.

The stock of Aflac Incorporated (NYSE:AFL) registered an increase of 2.03% in short interest. AFL’s total short interest was 6.80M shares in June as published by FINRA. Its up 2.03% from 6.67 million shares, reported previously. With 1.49 million shares average volume, it will take short sellers 5 days to cover their AFL’s short positions. The short interest to Aflac Incorporated’s float is 1.72%.

About 304,211 shares traded. AFLAC Incorporated (NYSE:AFL) has risen 7.68% since June 20, 2016 and is uptrending. It has underperformed by 9.02% the S&P500.

Aflac Incorporated is a business holding company. The company has market cap of $31.69 billion. The Firm is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus . It has a 12.84 P/E ratio. The Company’s insurance business consists of two divisions: Aflac Japan and Aflac U.S.

AFLAC Incorporated (NYSE:AFL) Ratings Coverage

Among 15 analysts covering Aflac Incorporated (NYSE:AFL), 1 have Buy rating, 2 Sell and 12 Hold. Therefore 7% are positive. Aflac Incorporated has $80 highest and $7 lowest target. $63.27’s average target is -19.89% below currents $78.98 stock price. Aflac Incorporated had 30 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of AFLAC Incorporated (NYSE:AFL) has “Underperform” rating given on Monday, May 1 by RBC Capital Markets. The company was initiated on Thursday, January 26 by Citigroup. On Thursday, August 27 the stock rating was upgraded by Wood to “Market Perform”. On Thursday, August 27 the stock rating was upgraded by Bruyette & Woods;KBW; KBW” to “Mkt Perform”. RBC Capital Markets maintained AFLAC Incorporated (NYSE:AFL) rating on Thursday, February 2. RBC Capital Markets has “Underperform” rating and $62 target. The rating was upgraded by Citigroup to “Buy” on Thursday, September 10. The firm has “Buy” rating by Citigroup given on Thursday, February 4. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, April 14 report. The company was initiated on Friday, September 23 by Wells Fargo. The stock has “” rating by Keefe Bruyette & Woods on Monday, October 12.

More important recent AFLAC Incorporated (NYSE:AFL) news were published by: Businesswire.com which released: “AM Best Affirms Credit Ratings of Aflac Incorporated and Its Subsidiaries” on June 13, 2017, also Fool.com published article titled: “6 Things You Didn’t Know About Aflac”, Gurufocus.com published: “Aflac Incorporated to Webcast Live Presentation at VirtualInvestorConferences.com” on May 25, 2017. More interesting news about AFLAC Incorporated (NYSE:AFL) was released by: Pehub.com and their article: “Amos resigns from Aflac” with publication date: June 12, 2017.

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