Pensionfund Dsm Netherlands buys $3.7 Million stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Pensionfund Dsm Netherlands scooped up 16,000 additional shares in AFLAC Incorporated during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 58,200 shares of AFLAC Incorporated which is valued at $3.7 Million.AFLAC Incorporated makes up approximately 0.51% of Pensionfund Dsm Netherlands’s portfolio.

Other Hedge Funds, Including , Pensionfund Sabic boosted its stake in AFL in the latest quarter, The investment management firm added 7,100 additional shares and now holds a total of 27,300 shares of AFLAC Incorporated which is valued at $1.7 Million. AFLAC Incorporated makes up approx 0.53% of Pensionfund Sabic’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 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 opened for trading at $64.02 and hit $64.61 on the upside on Monday, eventually ending the session at $64.04, with a gain of 0.20% or 0.13 points. The heightened volatility saw the trading volume jump to 21,47,021 shares. Company has a market cap of $26,897 M.

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.

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