Wells Fargo & Company Reduces $32M in Aflac Incorporated ($AFL)
Key Points
- Wells Fargo & Company changed its Aflac Incorporated ($AFL) stake by 2.5% last quarter, cutting to 10,548,868 shares worth $1.23 billion.
- Wall Street's consensus rating on $AFL is Hold and an average price target of $112.43.
- $AFL last traded around $116.88.
Wells Fargo & Company trimmed its position in Aflac Incorporated ($AFL) by 2.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,548,868 shares of Aflac Incorporated after selling 271,215 shares during the quarter. Wells Fargo & Company's holdings in Aflac Incorporated were worth $1.23 billion as of its most recent filing.
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About Aflac Incorporated
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, whole life, and GIFT insurance products, as well as WAYS and child endowment, and Tsumitasu insurance products in Japan. Its Aflac U.S. segment provides accident, disability, cancer, critical illness, hospital indemnity, dental, vision, and life insurance products in the United States. The company also provides hearing, final expense, pet, Medicare supplement, supplemental dental and vision, short-term disability, and absence management insurance products, as well as cafeteria plans. It sells its products to individuals, families, and business owners through individual, independent corporate, and affiliated corporate agencies; banks; independent associates/career agents; and brokers. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.
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