Decatur Capital Management Lowers stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Decatur Capital Management reduced its stake in AFLAC Incorporated by 4.02% during the most recent quarter end. The investment management company now holds a total of 207,125 shares of AFLAC Incorporated which is valued at $15,055,916 after selling 8,675 shares in AFLAC Incorporated , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.AFLAC Incorporated makes up approximately 1.94% of Decatur Capital Management’s portfolio.

Other Hedge Funds, Including , Sunbelt Securities boosted its stake in AFL in the latest quarter, The investment management firm added 19 additional shares and now holds a total of 3,266 shares of AFLAC Incorporated which is valued at $237,406. AFLAC Incorporated makes up approx 0.24% of Sunbelt Securities’s portfolio.Blackrock Group Ltd boosted its stake in AFL in the latest quarter, The investment management firm added 200,563 additional shares and now holds a total of 3,477,538 shares of AFLAC Incorporated which is valued at $252,782,237. AFLAC Incorporated makes up approx 0.13% of Blackrock Group Ltd’s portfolio.Wesbanco Bank Inc reduced its stake in AFL by selling 729 shares or 13.45% in the most recent quarter. The Hedge Fund company now holds 4,692 shares of AFL which is valued at $342,844. AFLAC Incorporated makes up approx 0.02% of Wesbanco Bank Inc’s portfolio.Regal Investment Advisors reduced its stake in AFL by selling 1,497 shares or 11.17% in the most recent quarter. The Hedge Fund company now holds 11,902 shares of AFL which is valued at $869,679. AFLAC Incorporated makes up approx 0.23% of Regal Investment Advisors’s portfolio.Lingohr Partner Asset Management Gmbh reduced its stake in AFL by selling 700 shares or 3.36% in the most recent quarter. The Hedge Fund company now holds 20,143 shares of AFL which is valued at $1,480,309. AFLAC Incorporated makes up approx 1.42% of Lingohr Partner Asset Management Gmbh’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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