AFLAC Incorporated (AFL) : Schaper Benz Wise Investment Counsel Incwi reduced its stake in AFLAC Incorporated by 0.69% during the most recent quarter end. The investment management company now holds a total of 191,387 shares of AFLAC Incorporated which is valued at $13,774,122 after selling 1,335 shares in AFLAC Incorporated , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.AFLAC Incorporated makes up approximately 2.42% of Schaper Benz Wise Investment Counsel Incwi’s portfolio.
Other Hedge Funds, Including , Herndon Capital Management reduced its stake in AFL by selling 24,213 shares or 94.34% in the most recent quarter. The Hedge Fund company now holds 1,453 shares of AFL which is valued at $105,023.Rothschild Investment Corp Il boosted its stake in AFL in the latest quarter, The investment management firm added 43 additional shares and now holds a total of 3,643 shares of AFLAC Incorporated which is valued at $267,724. AFLAC Incorporated makes up approx 0.03% of Rothschild Investment Corp Il’s portfolio.Acadian Asset Management reduced its stake in AFL by selling 28,095 shares or 25.47% in the most recent quarter. The Hedge Fund company now holds 82,223 shares of AFL which is valued at $6,039,279. AFLAC Incorporated makes up approx 0.03% of Acadian Asset Management’s portfolio.Benjamin F. Edwards Company reduced its stake in AFL by selling 863 shares or 4.91% in the most recent quarter. The Hedge Fund company now holds 16,716 shares of AFL which is valued at $1,224,948. AFLAC Incorporated makes up approx 0.23% of Benjamin F. Edwards Company’s portfolio.
AFLAC Incorporated opened for trading at $73.22 and hit $73.34 on the upside on Monday, eventually ending the session at $73.08, with a gain of 0.01% or 0.01 points. The heightened volatility saw the trading volume jump to 12,69,612 shares. Company has a market cap of $30,254 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.
Investors should note that on Jul 28, 2016, AFLAC Incorporated announced a cash dividend of $0.4100. The company’s management has announced Aug 22, 2016 as the ex-dividend date and fixed the record date on Aug 24, 2016. The payable date has been fixed on Sep 1, 2016.
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. Shares were Downgraded by FBR Capital on May 10, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 68 from a previous price target of $71 .
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.