Centurylink Investment Management Co buys $1,811,126 stake in AFLAC Incorporated (AFL)

AFLAC Incorporated (AFL) : Centurylink Investment Management Co scooped up 4,440 additional shares in AFLAC Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 25,516 shares of AFLAC Incorporated which is valued at $1,811,126.AFLAC Incorporated makes up approximately 0.62% of Centurylink Investment Management Co’s portfolio.

Other Hedge Funds, Including , Patten Patten Inctn added AFL to its portfolio by purchasing 3,505 company shares during the most recent quarter which is valued at $248,785. AFLAC Incorporated makes up approx 0.03% of Patten Patten Inctn’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in AFL by selling 12,813 shares or 15.07% in the most recent quarter. The Hedge Fund company now holds 72,186 shares of AFL which is valued at $5,174,292. AFLAC Incorporated makes up approx 0.11% of Oregon Public Employees Retirement Fund’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in AFL by selling 2,582 shares or 2.41% in the most recent quarter. The Hedge Fund company now holds 104,579 shares of AFL which is valued at $7,464,849. AFLAC Incorporated makes up approx 0.16% of Exxonmobil Investment Management Inc Tx’s portfolio.Academy Capital Management Inctx reduced its stake in AFL by selling 142 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 105,147 shares of AFL which is valued at $7,505,393. AFLAC Incorporated makes up approx 2.01% of Academy Capital Management Inctx’s portfolio.Summit Financial Wealth Advisors reduced its stake in AFL by selling 2,871 shares or 18.5% in the most recent quarter. The Hedge Fund company now holds 12,650 shares of AFL which is valued at $909,535. AFLAC Incorporated makes up approx 0.40% of Summit Financial Wealth Advisors’s portfolio.

AFLAC Incorporated closed down -0.7 points or -0.98% at $70.98 with 13,50,623 shares getting traded on Tuesday. Post opening the session at $71.59, the shares hit an intraday low of $70.73 and an intraday high of $71.64 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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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