Aflac Incorporated $AFL Position Boosted by MAI Capital Management

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MAI Capital Management significantly increased its holdings in Aflac Incorporated by 102.4% in the third quarter, acquiring an additional 14,417 shares, bringing their total to 28,501 shares valued at $3.18 million. Other institutional investors also adjusted their positions in Aflac, with a total of 67.44% of the company’s stock owned by institutional investors and hedge funds. Despite some insider selling and mixed analyst ratings, Aflac’s financial performance shows a market cap of $58.22 billion with a P/E ratio of 16.39.

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