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Investors cut stakes in Aflac as the insurer missed earnings targets and announced a quarterly dividend.
Investors Asset Management of Georgia Inc. reduced its stake in Aflac by 1.6%, now owning 6,921 shares.
Aflac reported a quarterly earnings miss, with EPS of $1.56 against expectations of $1.63.
The company announced a quarterly dividend of $0.58, to be paid on March 3.
Various institutional investors have adjusted their holdings in Aflac recently, including Darwin Wealth Management LLC, Raelipskie Partnership, and Covestor Ltd. Aflac's market cap is $57.95 billion, with a P/E ratio of 10.87.
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Los inversores redujeron las acciones en Aflac, ya que la aseguradora perdió los objetivos de ganancias y anunció un dividendo trimestral.