Could AFLAC Incorporated See a Reversal After Today’s Strong Options Activity?

 Could AFLAC Incorporated See a Reversal After Today's Strong Options Activity?

In today’s session AFLAC Incorporated (AFL) registered an unusually high (653) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AFL increase. With 653 contracts traded and 24954 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AFL161118C00072500 closed last at: $0.08 or 72.4% down. About 175,197 shares traded hands. AFLAC Incorporated (NYSE:AFL) has risen 5.29% since April 20, 2016 and is uptrending. It has outperformed by 0.73% the S&P500.

AFLAC Incorporated (NYSE:AFL) Ratings Coverage

Out of 16 analysts covering Aflac Incorporated (NYSE:AFL), 3 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 19% are positive. Aflac Incorporated has been the topic of 23 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Citigroup given on Thursday, September 10. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, February 2. On Friday, September 23 the stock rating was initiated by Wells Fargo with “Market Perform”. On Thursday, August 27 the stock rating was upgraded by Bruyette & Woods;KBW; KBW” to “Mkt Perform”. The firm has “Hold” rating given on Thursday, February 4 by Deutsche Bank. The firm has “Mkt Perform” rating given on Friday, May 20 by Keefe Bruyette & Woods. The stock of AFLAC Incorporated (NYSE:AFL) earned “Market Perform” rating by Wood on Thursday, August 27. Keefe Bruyette & Woods maintained AFLAC Incorporated (NYSE:AFL) rating on Monday, October 12. Keefe Bruyette & Woods has “” rating and $69 price target. As per Wednesday, August 19, the company rating was downgraded by Bank of America. The stock of AFLAC Incorporated (NYSE:AFL) has “Hold” rating given on Friday, December 11 by Sandler O’Neill.

According to Zacks Investment Research, “AFLAC Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its primary business is supplemental health and life insurance, which is marketed and administered primarily through its subsidiary, American Family Life Assurance Company of Columbus.”

Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.04, from 0.96 in 2016Q1. The ratio worsened, as 50 funds sold all AFLAC Incorporated shares owned while 292 reduced positions. 80 funds bought stakes while 248 increased positions. They now own 251.49 million shares or 1.29% less from 254.79 million shares in 2016Q1.
Wagner Bowman Management Corporation, a Maryland-based fund reported 7,617 shares. Timber Creek Mngmt Limited Liability Corporation accumulated 0.06% or 1,000 shares. The Ohio-based Fifth Third Bancorporation has invested 0.01% in AFLAC Incorporated (NYSE:AFL). The Florida-based State Board Of Administration Of Florida Retirement has invested 0.14% in AFLAC Incorporated (NYSE:AFL). Hartford Mngmt has invested 0.01% of its portfolio in AFLAC Incorporated (NYSE:AFL). American International Grp Incorporated accumulated 0% or 199,344 shares. Firstmerit Natl Bank N A Trustee has 13,374 shares for 0.08% of their US portfolio. Wms Ptnrs Limited Liability Company accumulated 0.1% or 9,498 shares. Dekabank Deutsche Girozentrale accumulated 0.14% or 169,582 shares. The Florida-based Hyman Charles D has invested 0.04% in AFLAC Incorporated (NYSE:AFL). Trillium Asset Management Ltd Liability Corp has 1.39% invested in the company for 291,840 shares. Fuller And Thaler Asset Management Incorporated last reported 4,300 shares in the company. Monetta Service holds 0.39% or 8,500 shares in its portfolio. Strs Ohio holds 0.08% or 260,682 shares in its portfolio. The New York-based First Manhattan Communications has invested 0% in AFLAC Incorporated (NYSE:AFL).

Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 12 sales for $10.48 million net activity. $1.39 million worth of AFLAC Incorporated (NYSE:AFL) shares were sold by TILLMAN AUDREY B. JANKE KENNETH S JR sold 7,500 shares worth $519,900. On Wednesday, June 1 the insider JOHNSON DOUGLAS WAYNE sold $207,990. 2,853 AFLAC Incorporated (NYSE:AFL) shares with value of $199,139 were sold by WHITE TERESA L. 57,413 shares were sold by ARIYOSHI KOJI, worth $4.20M. 186 AFLAC Incorporated (NYSE:AFL) shares with value of $13,627 were sold by RIMER BARBARA K.

Aflac Incorporated is a business holding company. The company has a market cap of $29.30 billion. The Firm engaged in is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus . It has a 11.39 P/E ratio. Aflac’s insurance business consists of two divisions: Aflac Japan and Aflac U.S.

AFL Company Profile

Aflac Incorporated, incorporated on April 27, 1973, is a business holding company. The Firm engaged in is 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 divisions: Aflac Japan and Aflac U.S. Aflac Japan sells 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. Aflac U.S. sells supplemental 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, such as life and short-term disability plans.

More notable recent AFLAC Incorporated (NYSE:AFL) news were published by: Prnewswire.com which released: “Aflac Incorporated to Webcast 2017 Outlook Conference Call on December 2, 2016” on November 21, 2016, also Prnewswire.com with their article: “Aflac Incorporated to Webcast Live Presentation at VirtualInvestorConferences.com” published on October 27, 2016, Prnewswire.com published: “Aflac Incorporated Announces Second Quarter Results, Affirms 2016 Operating …” on July 28, 2016. More interesting news about AFLAC Incorporated (NYSE:AFL) were released by: Valuewalk.com and their article: “Dividend Aristocrats In Focus Part 12: AFLAC Incorporated (AFL)” published on October 23, 2016 as well as Prnewswire.com‘s news article titled: “Aflac Incorporated to Release Third Quarter Results on October 27, 2016” with publication date: October 20, 2016.

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