Unum Group (UNM) Shares Bought by Tredje AP fonden

Tredje AP fonden grew its position in shares of Unum Group (NYSE:UNM) by 15.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,610 shares of the financial services provider’s stock after buying an additional 4,770 shares during the period. Tredje AP fonden’s holdings in Unum Group were worth $1,872,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Strs Ohio raised its stake in Unum Group by 26.6% during the 2nd quarter. Strs Ohio now owns 27,310 shares of the financial services provider’s stock valued at $1,273,000 after acquiring an additional 5,730 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in Unum Group by 27.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 243,552 shares of the financial services provider’s stock valued at $11,347,000 after acquiring an additional 52,989 shares in the last quarter. Sei Investments Co. raised its stake in Unum Group by 11.9% during the 2nd quarter. Sei Investments Co. now owns 248,802 shares of the financial services provider’s stock valued at $11,602,000 after acquiring an additional 26,385 shares in the last quarter. Advisor Partners LLC raised its stake in Unum Group by 6.6% during the 2nd quarter. Advisor Partners LLC now owns 9,510 shares of the financial services provider’s stock valued at $443,000 after acquiring an additional 585 shares in the last quarter. Finally, Global X Management Co. LLC raised its stake in Unum Group by 35.3% during the 2nd quarter. Global X Management Co. LLC now owns 6,934 shares of the financial services provider’s stock valued at $323,000 after acquiring an additional 1,810 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

In other news, EVP Christopher J. Jerome sold 7,849 shares of Unum Group stock in a transaction on Friday, November 17th. The stock was sold at an average price of $53.24, for a total transaction of $417,880.76. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director E Michael Caulfield sold 3,814 shares of Unum Group stock in a transaction on Monday, October 30th. The shares were sold at an average price of $52.42, for a total value of $199,929.88. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.

Shares of Unum Group (NYSE:UNM) traded down $0.18 during midday trading on Thursday, hitting $56.34. The company had a trading volume of 838,600 shares, compared to its average volume of 1,176,012. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.29. The firm has a market cap of $12,682.47, a PE ratio of 13.59, a price-to-earnings-growth ratio of 1.91 and a beta of 1.66. Unum Group has a twelve month low of $42.76 and a twelve month high of $57.49.

Unum Group (NYSE:UNM) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.05. The business had revenue of $2.82 billion for 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 company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 EPS. sell-side analysts expect that Unum Group will post 4.23 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Monday, October 30th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date was Friday, October 27th. Unum Group’s payout ratio is 21.60%.

UNM has been the topic of several research analyst reports. Zacks Investment Research cut Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 4th. Morgan Stanley lifted their price target on Unum Group from $52.00 to $55.00 and gave the company an “equal weight” rating in a research report on Thursday, October 5th. SunTrust Banks reiterated a “buy” rating and set a $58.00 price target on shares of Unum Group in a research report on Wednesday, September 27th. Goldman Sachs Group initiated coverage on Unum Group in a research report on Wednesday, October 18th. They set a “sell” rating and a $48.00 price target on the stock. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $53.00 price target on shares of Unum Group in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Unum Group currently has a consensus rating of “Hold” and an average target price of $53.27.

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About Unum Group

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.

Institutional Ownership by Quarter for Unum Group (NYSE:UNM)

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