Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Aflac Incorporated (NYSE: AFL) by 2.5% in the third quarter, bringing its total holdings to 1,026,455 shares valued at approximately $114.7 million. This comes as Aflac reported a Q4 EPS miss and a 9.6% year-over-year revenue decline, with analysts holding a consensus “Hold” rating and an average price target of $111.73. The article also notes recent insider selling by EVP Steven Kent Beaver and significant institutional ownership of about 67.44%.
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Aflac Incorporated $AFL Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Aflac Incorporated (NYSE: AFL) by 2.5% in the third quarter, bringing its total holdings to 1,026,455 shares valued at approximately $114.7 million. This comes as Aflac reported a Q4 EPS miss and a 9.6% year-over-year revenue decline, with analysts holding a consensus “Hold” rating and an average price target of $111.73. The article also notes recent insider selling by EVP Steven Kent Beaver and significant institutional ownership of about 67.44%.