Crawford Investment Counsel Inc buys $63,484,248 stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Crawford Investment Counsel Inc scooped up 33,396 additional shares in AFLAC Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 873,356 shares of AFLAC Incorporated which is valued at $63,484,248.AFLAC Incorporated makes up approximately 2.44% of Crawford Investment Counsel Inc’s portfolio.

Other Hedge Funds, Including , Cleararc Capital Inc reduced its stake in AFL by selling 176 shares or 1.72% in the most recent quarter. The Hedge Fund company now holds 10,059 shares of AFL which is valued at $731,189. AFLAC Incorporated makes up approx 0.14% of Cleararc Capital Inc’s portfolio.Fukoku Mutual Life Insurance Co reduced its stake in AFL by selling 1,200 shares or 27.91% in the most recent quarter. The Hedge Fund company now holds 3,100 shares of AFL which is valued at $226,548. AFLAC Incorporated makes up approx 0.04% of Fukoku Mutual Life Insurance Co’s portfolio.Boston Advisors reduced its stake in AFL by selling 1,985 shares or 10.83% in the most recent quarter. The Hedge Fund company now holds 16,338 shares of AFL which is valued at $1,198,556. AFLAC Incorporated makes up approx 0.03% of Boston Advisors’s portfolio.Umb Bank N Amo reduced its stake in AFL by selling 3,377 shares or 13.3% in the most recent quarter. The Hedge Fund company now holds 22,021 shares of AFL which is valued at $1,615,461. AFLAC Incorporated makes up approx 0.07% of Umb Bank N Amo’s portfolio.

AFLAC Incorporated opened for trading at $72.7 and hit $72.99 on the upside on Tuesday, eventually ending the session at $72.78, with a gain of 0.19% or 0.14 points. The heightened volatility saw the trading volume jump to 12,10,290 shares. Company has a market cap of $29,809 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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