Unum Group (NYSE:UNM) Director E Michael Caulfield sold 3,814 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $52.42, for a total transaction of $199,929.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Unum Group (UNM) opened at $52.42 on Friday. Unum Group has a twelve month low of $39.63 and a twelve month high of $53.36. The stock has a market capitalization of $11,762.47, a P/E ratio of 12.60, a PEG ratio of 1.77 and a beta of 1.65. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.29.
Unum Group (NYSE:UNM) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.05. The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The business’s revenue was up 2.0% on a year-over-year basis. During the same period last year, the firm posted $1.01 EPS. research analysts predict that Unum Group will post 4.24 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Monday, October 30th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, October 27th. This represents a $0.92 annualized dividend and a dividend yield of 1.76%. Unum Group’s dividend payout ratio is currently 21.60%.
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Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 4th. BidaskClub lowered shares of Unum Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Morgan Stanley increased their price objective on Unum Group from $52.00 to $55.00 and gave the company an “equal weight” rating in a report on Thursday, October 5th. Goldman Sachs Group, Inc. (The) started coverage on Unum Group in a report on Wednesday, October 18th. They issued a “sell” rating and a $48.00 target price for the company. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $62.00 price target on shares of Unum Group in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Unum Group presently has a consensus rating of “Hold” and an average price target of $51.38.
Several large investors have recently bought and sold shares of UNM. Janus Henderson Group PLC boosted its position in shares of Unum Group by 8,280.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,062,519 shares of the financial services provider’s stock worth $96,175,000 after purchasing an additional 2,037,909 shares during the last quarter. Prudential Financial Inc. lifted its holdings in Unum Group by 30.5% during the second quarter. Prudential Financial Inc. now owns 3,109,206 shares of the financial services provider’s stock worth $144,982,000 after acquiring an additional 727,487 shares in the last quarter. Balyasny Asset Management LLC lifted its holdings in Unum Group by 370.0% during the second quarter. Balyasny Asset Management LLC now owns 874,161 shares of the financial services provider’s stock worth $40,762,000 after acquiring an additional 688,176 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Unum Group by 2,958.0% during the third quarter. Assenagon Asset Management S.A. now owns 637,002 shares of the financial services provider’s stock worth $32,570,000 after acquiring an additional 616,171 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Unum Group by 21.2% during the third quarter. Bank of New York Mellon Corp now owns 2,944,398 shares of the financial services provider’s stock worth $150,548,000 after acquiring an additional 515,351 shares in the last quarter. Institutional investors and hedge funds own 93.85% of the company’s stock.
Unum Group Company 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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