National Pension Service buys $22,776,102 stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : National Pension Service scooped up 24,689 additional shares in AFLAC Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 320,971 shares of AFLAC Incorporated which is valued at $22,776,102.AFLAC Incorporated makes up approximately 0.19% of National Pension Service’s portfolio.

Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in AFL in the latest quarter, The investment management firm added 1,357 additional shares and now holds a total of 97,502 shares of AFLAC Incorporated which is valued at $6,918,742. AFLAC Incorporated makes up approx 0.15% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Msi Financial Services Inc boosted its stake in AFL in the latest quarter, The investment management firm added 48 additional shares and now holds a total of 11,856 shares of AFLAC Incorporated which is valued at $837,152. AFLAC Incorporated makes up approx 0.03% of Msi Financial Services Inc’s portfolio.Advisory Services Network reduced its stake in AFL by selling 580 shares or 4.93% in the most recent quarter. The Hedge Fund company now holds 11,194 shares of AFL which is valued at $799,028. AFLAC Incorporated makes up approx 0.15% of Advisory Services Network’s portfolio.Chevy Chase Trust Holdings reduced its stake in AFL by selling 11,581 shares or 3.26% in the most recent quarter. The Hedge Fund company now holds 343,295 shares of AFL which is valued at $24,682,911. AFLAC Incorporated makes up approx 0.14% of Chevy Chase Trust Holdings’s portfolio.Franklin Street Advisors Inc Nc reduced its stake in AFL by selling 11,580 shares or 21.28% in the most recent quarter. The Hedge Fund company now holds 42,842 shares of AFL which is valued at $3,080,340. AFLAC Incorporated makes up approx 0.57% of Franklin Street Advisors Inc Nc’s portfolio.

AFLAC Incorporated opened for trading at $71.14 and hit $71.77 on the upside on Friday, eventually ending the session at $70.96, with a gain of 0.50% or 0.35 points. The heightened volatility saw the trading volume jump to 12,14,704 shares. Company has a market cap of $29,063 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 Initiated by Credit Suisse to “Underperform” on Oct 7, 2016. AFLAC Incorporated was Resumed by Wells Fargo to “Market Perform” on Sep 23, 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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