Aflac (AFL) Holder Mu Investments Has Lowered Position as Stock Price Declined; Brookfield Asset Management Has Cut Pattern Energy Group (PEGI) Position by $15.55 Million as Stock Declined

April 17, 2018 - By Moses P. Lee

Aflac Incorporated (NYSE:AFL) Logo

Mu Investments decreased its stake in Aflac (AFL) by 99.46% based on its latest 2017Q4 regulatory filing with the SEC. Mu Investments sold 65,000 shares as the company’s stock declined 0.29% with the market. The institutional investor held 350 shares of the accident &health insurance company at the end of 2017Q4, valued at $31,000, down from 65,350 at the end of the previous reported quarter. Mu Investments who had been investing in Aflac for a number of months, seems to be less bullish one the $35.02B market cap company. The stock increased 0.36% or $0.16 during the last trading session, reaching $44.93. About 1.05M shares traded. Aflac Incorporated (NYSE:AFL) has risen 21.05% since April 17, 2017 and is uptrending. It has outperformed by 9.50% the S&P500.

Brookfield Asset Management Inc decreased its stake in Pattern Energy Group Inc (PEGI) by 22.53% based on its latest 2017Q4 regulatory filing with the SEC. Brookfield Asset Management Inc sold 740,458 shares as the company’s stock declined 17.35% with the market. The hedge fund held 2.55M shares of the central company at the end of 2017Q4, valued at $54.71 million, down from 3.29 million at the end of the previous reported quarter. Brookfield Asset Management Inc who had been investing in Pattern Energy Group Inc for a number of months, seems to be less bullish one the $1.73 billion market cap company. The stock increased 0.34% or $0.06 during the last trading session, reaching $17.65. About 16,230 shares traded. Pattern Energy Group Inc. (NASDAQ:PEGI) has declined 11.28% since April 17, 2017 and is downtrending. It has underperformed by 22.83% the S&P500.

Since October 26, 2017, it had 2 insider buys, and 5 selling transactions for $2.83 million activity. Lloyd Karole had bought 2,000 shares worth $178,090 on Tuesday, February 20. $25,907 worth of stock was sold by TILLMAN AUDREY B on Thursday, October 26. MOSKOWITZ JOSEPH L bought $49,022 worth of stock or 550 shares. KNAPP CHARLES B sold $437,155 worth of stock or 10,000 shares. On Friday, February 16 AMOS DANIEL P sold $2.24 million worth of Aflac Incorporated (NYSE:AFL) or 24,983 shares.

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.17, from 0.89 in 2017Q3. It improved, as 41 investors sold AFL shares while 286 reduced holdings. 95 funds opened positions while 250 raised stakes. 256.45 million shares or 2.31% more from 250.65 million shares in 2017Q3 were reported. Provident Invest Management reported 0.04% stake. Fmr Ltd Com holds 0.07% or 7.07M shares. Monarch Cap Mngmt has 1.47% invested in Aflac Incorporated (NYSE:AFL) for 44,964 shares. Mcf Advsr Limited Liability Corp owns 30 shares. Grantham Mayo Van Otterloo & Limited Liability Corporation stated it has 0.1% of its portfolio in Aflac Incorporated (NYSE:AFL). Duncker Streett & Incorporated holds 0.24% of its portfolio in Aflac Incorporated (NYSE:AFL) for 10,474 shares. Buckhead Management Lc has invested 0.07% in Aflac Incorporated (NYSE:AFL). Prospector Ptnrs Ltd Llc holds 1.61% of its portfolio in Aflac Incorporated (NYSE:AFL) for 125,600 shares. 3,801 were accumulated by Maple. Palisade Cap Mgmt Llc Nj invested 0.02% in Aflac Incorporated (NYSE:AFL). Indiana Tru & Mgmt Communication has 0.8% invested in Aflac Incorporated (NYSE:AFL). Catawba Cap Mngmt Va reported 15,672 shares stake. M&T Commercial Bank reported 99,656 shares. Earnest Ptnrs Llc reported 0.11% stake. Apg Asset Mgmt Nv reported 3.63 million shares or 0.49% of all its holdings.

Analysts await Aflac Incorporated (NYSE:AFL) to report earnings on April, 25 after the close. They expect $0.97 EPS, up 16.87% or $0.14 from last year’s $0.83 per share. AFL’s profit will be $755.99 million for 11.58 P/E if the $0.97 EPS becomes a reality. After $0.80 actual EPS reported by Aflac Incorporated for the previous quarter, Wall Street now forecasts 21.25% EPS growth.

Mu Investments, which manages about $146.02M US Long portfolio, upped its stake in Tjx Companies (NYSE:TJX) by 16,550 shares to 75,520 shares, valued at $5.77 million in 2017Q4, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 150,800 shares in the quarter, for a total of 152,970 shares, and has risen its stake in Cbs Corp (NYSE:CBS).

Among 21 analysts covering Aflac Incorporated (NYSE:AFL), 4 have Buy rating, 3 Sell and 14 Hold. Therefore 19% are positive. Aflac Incorporated had 58 analyst reports since August 12, 2015 according to SRatingsIntel. Citigroup downgraded Aflac Incorporated (NYSE:AFL) on Tuesday, September 26 to “Sell” rating. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, September 5. RBC Capital Markets maintained Aflac Incorporated (NYSE:AFL) on Thursday, February 1 with “Sell” rating. The firm earned “Equal-Weight” rating on Friday, August 11 by Barclays Capital. On Friday, December 11 the stock rating was reinitiated by Sandler O’Neill with “Hold”. As per Thursday, April 6, the company rating was upgraded by Bank of America. Wood upgraded Aflac Incorporated (NYSE:AFL) rating on Thursday, August 27. Wood has “Market Perform” rating and $68 target. On Thursday, April 14 the stock rating was upgraded by Macquarie Research to “Outperform”. The company was maintained on Thursday, February 1 by Sandler O’Neill. The stock of Aflac Incorporated (NYSE:AFL) has “Mkt Perform” rating given on Friday, May 20 by Keefe Bruyette & Woods.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.51, from 1.04 in 2017Q3. It increased, as 24 investors sold PEGI shares while 42 reduced holdings. 34 funds opened positions while 68 raised stakes. 81.57 million shares or 14.64% more from 71.15 million shares in 2017Q3 were reported. Brookfield Asset Management owns 0.23% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 2.55M shares. Stratos Wealth Prns invested in 4,350 shares or 0% of the stock. Neuberger Berman Grp Inc Limited Liability invested in 0% or 16,698 shares. Moreover, Gradient Invests Limited has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 531 shares. A D Beadell Investment Counsel Incorporated owns 80,440 shares. Teacher Retirement Systems Of Texas accumulated 27,684 shares. Metropolitan Life Insurance New York owns 24,291 shares for 0.01% of their portfolio. 13,684 were accumulated by Price T Rowe Assocs Md. Convergence Invest Prns Limited accumulated 0.2% or 69,150 shares. Advisory Service Ntwk has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI). Parallax Volatility Advisers Lp holds 55,700 shares. Scotia Cap holds 40,763 shares. Kbc Gp Nv has invested 0% of its portfolio in Pattern Energy Group Inc. (NASDAQ:PEGI). Schwab Charles Inv Management has invested 0.01% of its portfolio in Pattern Energy Group Inc. (NASDAQ:PEGI). Ci Investments Incorporated invested in 3.32M shares or 0.68% of the stock.

Analysts await Pattern Energy Group Inc. (NASDAQ:PEGI) to report earnings on May, 8. They expect $0.13 earnings per share, up 116.67% or $0.07 from last year’s $0.06 per share. PEGI’s profit will be $12.74 million for 33.94 P/E if the $0.13 EPS becomes a reality. After $0.11 actual earnings per share reported by Pattern Energy Group Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

Since February 1, 2018, it had 2 insider purchases, and 1 insider sale for $208,097 activity. 10,000 shares were bought by BATKIN ALAN R, worth $171,926. 2,400 shares were sold by Pedersen Esben W., worth $49,231 on Thursday, February 1.

Pattern Energy Group Inc. (NASDAQ:PEGI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Moses P. Lee

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: