## Analysts Recommend Holding Aflac Stock
On October 9, 2024, TD Cowen began covering Aflac (XTRA:AFL) with a “Hold” recommendation, as reported by Fintel.
### Price Forecast Anticipates 12.14% Decrease
The average one-year price target for Aflac as of September 25, 2024, stands at 90.27 €/share. Analysts predict a range from 75.97 € to 108.13 €. This places the average forecast at a 12.14% drop from the recent closing price of 102.75 €/ share.
### Company Revenue and Earnings Outlook
Aflac is projected to earn annual revenue of 18,906MM, reflecting a 2.06% decrease. Furthermore, the estimated non-GAAP EPS is 6.10.
### Institutional Holdings in Aflac
A total of 2,161 funds or institutions hold positions in Aflac, marking a 1.46% increase in the last quarter. The average portfolio weight for Aflac across all funds is 0.27%, a rise of 0.50%. Institutional shares in Aflac have surged by 3.71% over the last three months to 409,399K shares.
### Significant Shareholders’ Actions
– Japan Post Holdings Co. remains steady with 52,300K shares, representing 9.34% ownership.
– VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 17,973K shares, equivalent to 3.21% ownership, showing a slight decrease.
– Wells Fargo retains 16,054K shares, equating to 2.87% ownership, with a slight reduction.
– VFINX – Vanguard 500 Index Fund Investor Shares possesses 13,271K shares, representing 2.37% ownership, showing a minimal increase.
– Geode Capital Management holds 12,356K shares, signifying 2.21% ownership, experiencing a slight increase over the last quarter.
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_This article was initially featured on Fintel._
> The opinions expressed herein belong solely to the author and do not reflect Nasdaq, Inc.’s viewpoints.