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Kanawha Capital Management LLC Has $8.44 Million Stake in Aflac Incorporated $AFL
Kanawha Capital Management LLC significantly increased its stake in Aflac Incorporated by 1,188.3% in Q4, acquiring 70,619 additional shares to hold a total of 76,562 shares valued at approximately $8.44 million. This move comes despite Aflac missing earnings expectations in its latest quarter and analysts holding a consensus “Hold” rating with a target price of $111.82. Institutional investors now own about 67.4% of Aflac’s stock, while insiders have been net sellers.