AFLAC Incorporated (AFL) : Delta Capital Management reduced its stake in AFLAC Incorporated by 1.99% during the most recent quarter end. The investment management company now holds a total of 63,745 shares of AFLAC Incorporated which is valued at $4,329,560 after selling 1,295 shares in AFLAC Incorporated , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.AFLAC Incorporated makes up approximately 2.98% of Delta Capital Management’s portfolio.
AFLAC Incorporated opened for trading at $67.51 and hit $68.155 on the upside on Friday, eventually ending the session at $67.92, with a gain of 0.77% or 0.52 points. The heightened volatility saw the trading volume jump to 26,42,620 shares. Company has a market cap of $28,526 M.
Other Hedge Funds, Including , Atria Investments reduced its stake in AFL by selling 4,792 shares or 20.32% in the most recent quarter. The Hedge Fund company now holds 18,790 shares of AFL which is valued at $1,276,217. AFLAC Incorporated makes up approx 0.14% of Atria Investments’s portfolio.Murphy Capital Management Inc reduced its stake in AFL by selling 2,513 shares or 6.56% in the most recent quarter. The Hedge Fund company now holds 35,773 shares of AFL which is valued at $2,429,702. AFLAC Incorporated makes up approx 0.37% of Murphy Capital Management Inc’s portfolio. Simplex Trading added AFL to its portfolio by purchasing 12,225 company shares during the most recent quarter which is valued at $817,608. AFLAC Incorporated makes up approx 0.13% of Simplex Trading’s portfolio.Benjamin F. Edwards Company boosted its stake in AFL in the latest quarter, The investment management firm added 116 additional shares and now holds a total of 17,579 shares of AFLAC Incorporated which is valued at $1,175,684. AFLAC Incorporated makes up approx 0.24% of Benjamin F. Edwards Company’s portfolio.Curbstone Financial Management Corp boosted its stake in AFL in the latest quarter, The investment management firm added 250 additional shares and now holds a total of 11,650 shares of AFLAC Incorporated which is valued at $746,066. AFLAC Incorporated makes up approx 0.25% of Curbstone Financial Management Corp’s portfolio.
On the company’s financial health, AFLAC Incorporated reported $1.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Feb 1, 2016. Analyst had a consensus of $1.48. The company had revenue of $5319.00 million for the quarter, compared to analysts expectations of $5217.32 million. The company’s revenue was down -3.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.29 EPS.
Many Wall Street Analysts have commented on AFLAC Incorporated. AFLAC Incorporated was Downgraded by Raymond James to ” Mkt Perform” on Apr 21, 2016. AFLAC Incorporated was Upgraded by Macquarie to ” Outperform” on Apr 14, 2016. Shares were Reiterated by RBC Capital Mkts on Feb 2, 2016 to “Sector Perform” and Lowered the Price Target to $ 64 from a previous price target of $66 .
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.