May 17, 2016

AFLAC Incorporated (AFL) Is Even More Attractive After Earnings

AFLAC Incorporated (NYSE:AFL) is one of only 2 insurance stocks in the Dividend Aristocrats Index. The company is the global leader in cancer insurance, and has paid increasing dividends for 33 consecutive years.

Before we dig into AFLAC”s latest earnings, let’s look at how the stock has been traded by world-class investors of late. 24 funds tracked by Insider Monkey were long AFLAC on December 31, owning $614.71 million worth of the company’s shares, which amounted to 2.40% of its float. During the first quarter we’ve seen eight funds within the Insider Monkey database take up new positions in the stock, while six cut ties with former AFLAC holdings. Harris Associates owns a $459.57 million AFLAC position as of March 31.

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