AFLAC Incorporated (AFL) : Origin Asset Management Llp added new position in AFLAC Incorporated during the most recent quarter end. The investment management firm now holds 395,100 shares of AFLAC Incorporated which is valued at $28,719,819 , the company said in a statement filed on Aug 12, 2016 with the SEC.AFLAC Incorporated makes up approximately 1.82% of Origin Asset Management Llp’s portfolio.
Other Hedge Funds, Including , Grantham Mayo Van Otterloo boosted its stake in AFL in the latest quarter, The investment management firm added 246,799 additional shares and now holds a total of 592,151 shares of AFLAC Incorporated which is valued at $43,043,456. AFLAC Incorporated makes up approx 0.17% of Grantham Mayo Van Otterloo’s portfolio. Bks Advisors added AFL to its portfolio by purchasing 3,430 company shares during the most recent quarter which is valued at $250,630. AFLAC Incorporated makes up approx 0.12% of Bks Advisors’s portfolio.Sandy Spring Bank reduced its stake in AFL by selling 6,690 shares or 16.72% in the most recent quarter. The Hedge Fund company now holds 33,320 shares of AFL which is valued at $2,435,026. AFLAC Incorporated makes up approx 0.27% of Sandy Spring Bank’s portfolio.Harfst Associates reduced its stake in AFL by selling 896 shares or 23.41% in the most recent quarter. The Hedge Fund company now holds 2,932 shares of AFL which is valued at $214,241. AFLAC Incorporated makes up approx 0.08% of Harfst Associates’s portfolio.Clean Yield Group boosted its stake in AFL in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 710 shares of AFLAC Incorporated which is valued at $52,086. AFLAC Incorporated makes up approx 0.02% of Clean Yield Group’s portfolio.
AFLAC Incorporated opened for trading at $72.95 and hit $73.99 on the upside on Monday, eventually ending the session at $73.7, with a gain of 1.31% or 0.95 points. The heightened volatility saw the trading volume jump to 13,68,364 shares. Company has a market cap of $30,186 M.
On the company’s financial health, AFLAC Incorporated reported $1.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.68. The company had revenue of $5437.00 million for the quarter, compared to analysts expectations of $5469.99 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.
Many Wall Street Analysts have commented on AFLAC Incorporated. AFLAC Incorporated was Downgraded by Sandler O’Neill to ” Hold” on May 23, 2016. AFLAC Incorporated was Downgraded by Keefe Bruyette to ” Mkt Perform” on May 20, 2016.
Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in 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 segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products including cancer plans medical indemnity plans medical/sickness riders care plans living benefit life plans ordinary life insurance plans and annuities. Aflac U.S. sells 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.