Bienville Capital Management buys $697,024 stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Bienville Capital Management scooped up 3,100 additional shares in AFLAC Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 9,589 shares of AFLAC Incorporated which is valued at $697,024.AFLAC Incorporated makes up approximately 0.19% of Bienville Capital Management’s portfolio.

Other Hedge Funds, Including , Blackrock Japan Ltd boosted its stake in AFL in the latest quarter, The investment management firm added 141,800 additional shares and now holds a total of 669,653 shares of AFLAC Incorporated which is valued at $48,677,077. AFLAC Incorporated makes up approx 0.17% of Blackrock Japan Ltd’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.Rdl Financial Inc reduced its stake in AFL by selling 80 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 35,600 shares of AFL which is valued at $2,562,132. AFLAC Incorporated makes up approx 1.85% of Rdl Financial Inc’s portfolio.Sequoia Financial Advisors boosted its stake in AFL in the latest quarter, The investment management firm added 3,576 additional shares and now holds a total of 41,058 shares of AFLAC Incorporated which is valued at $2,967,672. AFLAC Incorporated makes up approx 0.81% of Sequoia Financial 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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