AFLAC Incorporated (AFL) : Rockefeller Financial Services Inc reduced its stake in AFLAC Incorporated by 8.9% during the most recent quarter end. The investment management company now holds a total of 1,627,815 shares of AFLAC Incorporated which is valued at $119,628,124 after selling 159,064 shares in AFLAC Incorporated , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.AFLAC Incorporated makes up approximately 2.30% of Rockefeller Financial Services Inc’s portfolio.
Other Hedge Funds, Including , Bremer Trust National Association reduced its stake in AFL by selling 2,048 shares or 33.73% in the most recent quarter. The Hedge Fund company now holds 4,023 shares of AFL which is valued at $295,650. AFLAC Incorporated makes up approx 0.08% of Bremer Trust National Association’s portfolio.Charter Trust Co boosted its stake in AFL in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 17,001 shares of AFLAC Incorporated which is valued at $1,248,723. AFLAC Incorporated makes up approx 0.14% of Charter Trust Co’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in AFL in the latest quarter, The investment management firm added 60,716 additional shares and now holds a total of 63,133 shares of AFLAC Incorporated which is valued at $4,626,386. AFLAC Incorporated makes up approx 0.04% of Nn Investment Partners Holdings N.v.’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in AFL by selling 3,500 shares or 2.7% in the most recent quarter. The Hedge Fund company now holds 126,039 shares of AFL which is valued at $9,236,138. AFLAC Incorporated makes up approx 0.15% of Gulf International Bank (uk) Ltd’s portfolio.Watch Point Trust Co reduced its stake in AFL by selling 10,100 shares or 57.9% in the most recent quarter. The Hedge Fund company now holds 7,345 shares of AFL which is valued at $532,439. AFLAC Incorporated makes up approx 0.46% of Watch Point Trust Co’s portfolio.
AFLAC Incorporated opened for trading at $73.65 and hit $73.76 on the upside on Wednesday, eventually ending the session at $73.45, with a gain of 0.33% or 0.24 points. The heightened volatility saw the trading volume jump to 13,39,873 shares. Company has a market cap of $30,407 M.
On the company’s financial health, AFLAC Incorporated reported $1.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $1.63. The company had revenue of $5451.00 million for the quarter, compared to analysts expectations of $5287.72 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 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. Shares were Downgraded by FBR Capital on May 10, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 68 from a previous price target of $71 .
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.