WINTON GROUP Ltd lowered its holdings in shares of Unum Group (NYSE:UNM) by 88.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,831 shares of the financial services provider’s stock after selling 255,574 shares during the quarter. WINTON GROUP Ltd’s holdings in Unum Group were worth $1,624,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. OppenheimerFunds Inc. raised its position in Unum Group by 1.5% in the 1st quarter. OppenheimerFunds Inc. now owns 33,499 shares of the financial services provider’s stock valued at $1,571,000 after buying an additional 488 shares during the last quarter. Teachers Advisors LLC grew its stake in Unum Group by 20.4% in the first quarter. Teachers Advisors LLC now owns 755,864 shares of the financial services provider’s stock valued at $35,442,000 after purchasing an additional 128,323 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Unum Group by 7.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 22,620 shares of the financial services provider’s stock worth $1,060,000 after acquiring an additional 1,663 shares during the period. Ngam Advisors L.P. boosted its stake in shares of Unum Group by 2.3% during the 1st quarter. Ngam Advisors L.P. now owns 49,425 shares of the financial services provider’s stock worth $2,317,000 after acquiring an additional 1,134 shares during the period. Finally, Thrivent Financial For Lutherans boosted its stake in shares of Unum Group by 0.7% during the 1st quarter. Thrivent Financial For Lutherans now owns 44,794 shares of the financial services provider’s stock worth $2,100,000 after acquiring an additional 310 shares during the period. 92.61% of the stock is currently owned by institutional investors.
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Several analysts recently issued reports on UNM shares. Morgan Stanley boosted their price target on Unum Group from $52.00 to $55.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. Zacks Investment Research upgraded Unum Group from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research note on Wednesday, September 6th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $62.00 price objective on shares of Unum Group in a report on Friday. BidaskClub cut Unum Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Finally, ValuEngine upgraded Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $51.18.
In other Unum Group news, Director Pamela H. Godwin sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.71, for a total value of $126,775.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website
. Also, Director Gloria C. Larson sold 2,460 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $50.23, for a total transaction of $123,565.80. The disclosure for this sale can be found here
. Company insiders own 0.53% of the company’s stock.
Unum Group (UNM) traded down 0.47% on Friday, reaching $52.45. The company had a trading volume of 941,395 shares. Unum Group has a one year low of $34.91 and a one year high of $52.93. The company’s 50 day moving average is $50.68 and its 200-day moving average is $48.04. The firm has a market capitalization of $11.84 billion, a price-to-earnings ratio of 12.63 and a beta of 1.59.
Unum Group (NYSE:UNM) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The firm had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same period in the prior year, the company earned $1.01 EPS. The business’s revenue was up 2.0% compared to the same quarter last year. On average, equities research analysts expect that Unum Group will post $4.17 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Monday, October 30th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Friday, October 27th. Unum Group’s dividend payout ratio (DPR) is presently 21.60%.
Unum Group Profile
Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company’s products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate.
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