Union Bankshares cut its position in AFLAC Incorporated (NYSE:AFL) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,460 shares of the company’s stock after selling 833 shares during the period. Union Bankshares’ holdings in AFLAC were worth $746,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Janus Capital Management increased its position in AFLAC by 399.4% in the third quarter. Janus Capital Management now owns 233,096 shares of the company’s stock valued at $13,550,000 after buying an additional 186,421 shares in the last quarter. Denali Advisors increased its position in AFLAC by 7.1% in the fourth quarter. Denali Advisors now owns 130,000 shares of the company’s stock valued at $7,787,000 after buying an additional 8,600 shares in the last quarter. Assetmark purchased a new position in AFLAC during the third quarter valued at about $3,164,000. Indiana Trust & Investment Management Company increased its position in AFLAC by 30.1% in the fourth quarter. Indiana Trust & Investment Management Company now owns 31,508 shares of the company’s stock valued at $1,924,000 after buying an additional 7,286 shares in the last quarter. Finally, Toth Financial increased its position in AFLAC by 3.2% in the fourth quarter. Toth Financial now owns 18,335 shares of the company’s stock valued at $1,098,000 after buying an additional 565 shares in the last quarter.

Shares of AFLAC Incorporated (NYSE:AFL) traded up 2.60% during trading on Friday, reaching $57.27. The company’s stock had a trading volume of 2,193,573 shares. The firm has a market cap of $24.44 billion and a P/E ratio of 10.02. The stock’s 50 day moving average is $59.17 and its 200 day moving average is $60.95. AFLAC Incorporated has a one year low of $51.41 and a one year high of $66.53.

AFLAC (NYSE:AFL) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.48 by $0.08. During the same quarter in the previous year, the firm posted $1.56 EPS. The company earned $5 billion during the quarter, compared to the consensus estimate of $5.17 billion. The business’s revenue for the quarter was down 12.1% compared to the same quarter last year. On average, equities analysts forecast that AFLAC Incorporated will post $6.07 EPS for the current fiscal year.

AFL has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of AFLAC from a “sell” rating to a “hold” rating in a research report on Tuesday, January 19th. Deutsche Bank reduced their price objective on shares of AFLAC from $68.00 to $65.00 and set a “hold” rating for the company in a research report on Thursday, January 14th. Goldman Sachs reduced their price objective on shares of AFLAC from $64.00 to $63.00 and set a “neutral” rating for the company in a research report on Wednesday, January 13th. TheStreet downgraded shares of AFLAC to a “hold” rating in a research report on Thursday, January 7th. Finally, Vetr raised shares of AFLAC from a “buy” rating to a “strong-buy” rating and set a $65.28 price objective for the company in a research report on Wednesday, January 6th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. AFLAC has an average rating of “Hold” and a consensus target price of $68.25.

In other news, Director Elizabeth J. Hudson sold 2,644 shares of the business’s stock in a transaction that occurred on Wednesday, December 23rd. The stock was sold at an average price of $60.29, for a total transaction of $159,406.76. Following the transaction, the director now directly owns 5,835 shares of the company’s stock, valued at $351,792.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert B. Johnson sold 7,513 shares of the business’s stock in a transaction that occurred on Friday, November 20th. The shares were sold at an average price of $65.48, for a total value of $491,951.24. Following the transaction, the director now directly owns 14,882 shares in the company, valued at $974,473.36. The disclosure for this sale can be found here.

Aflac Incorporated (NYSE:AFL) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflac’s insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.

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