Bryn Mawr Trust Co Lowers stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Bryn Mawr Trust Co reduced its stake in AFLAC Incorporated by 0.08% during the most recent quarter end. The investment management company now holds a total of 217,627 shares of AFLAC Incorporated which is valued at $15,819,307 after selling 180 shares in AFLAC Incorporated , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.AFLAC Incorporated makes up approximately 0.97% of Bryn Mawr Trust Co’s portfolio.

Other Hedge Funds, Including , Pictet North America Advisors Sa added AFL to its portfolio by purchasing 8,703 company shares during the most recent quarter which is valued at $632,621. AFLAC Incorporated makes up approx 0.14% of Pictet North America Advisors Sa’s portfolio.Qv Investors boosted its stake in AFL in the latest quarter, The investment management firm added 16,415 additional shares and now holds a total of 811,288 shares of AFLAC Incorporated which is valued at $59,280,814. AFLAC Incorporated makes up approx 7.35% of Qv Investors’s portfolio.Geneva Advisors reduced its stake in AFL by selling 20 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 11,428 shares of AFL which is valued at $835,044. AFLAC Incorporated makes up approx 0.02% of Geneva Advisors’s portfolio.Robshaw Julian Associates Inc reduced its stake in AFL by selling 10,565 shares or 14.48% in the most recent quarter. The Hedge Fund company now holds 62,410 shares of AFL which is valued at $4,560,299. AFLAC Incorporated makes up approx 3.33% of Robshaw Julian Associates Inc’s portfolio.Ftb Advisors reduced its stake in AFL by selling 695 shares or 12.61% in the most recent quarter. The Hedge Fund company now holds 4,815 shares of AFL which is valued at $348,028. AFLAC Incorporated makes up approx 0.05% of Ftb Advisors’s portfolio.

AFLAC Incorporated opened for trading at $72.03 and hit $73.04 on the upside on Friday, eventually ending the session at $72.88, with a gain of 0.86% or 0.62 points. The heightened volatility saw the trading volume jump to 17,79,549 shares. Company has a market cap of $29,850 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.

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