Unum Group (NYSE:UNM) EVP Lisa G. Iglesias sold 8,459 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $54.83, for a total transaction of $463,806.97. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Unum Group (NYSE:UNM) traded up $0.70 during mid-day trading on Thursday, reaching $58.22. The company’s stock had a trading volume of 1,270,240 shares, compared to its average volume of 1,473,655. 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 stock has a market cap of $12,910.00, a price-to-earnings ratio of 13.67, a P/E/G ratio of 1.74 and a beta of 1.66. Unum Group has a 12 month low of $43.55 and a 12 month high of $58.50.
Unum Group (NYSE:UNM) last released its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.05. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same period in the previous year, the company posted $1.01 EPS. Unum Group’s revenue was up 2.0% compared to the same quarter last year. equities research analysts predict that Unum Group will post 4.23 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of UNM. Janus Henderson Group PLC increased its holdings in shares of Unum Group by 8,280.8% in the second quarter. Janus Henderson Group PLC now owns 2,062,519 shares of the financial services provider’s stock valued at $96,175,000 after purchasing an additional 2,037,909 shares during the period. Prudential Financial Inc. grew 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 during the period. Balyasny Asset Management LLC grew 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 during the period. Assenagon Asset Management S.A. grew 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 during the period. Finally, Bank of New York Mellon Corp grew 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 during the period. Institutional investors own 91.52% of the company’s stock.
UNM has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Unum Group from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Friday, September 15th. SunTrust Banks restated a “buy” rating and set a $58.00 price objective on shares of Unum Group in a report on Wednesday, September 27th. Morgan Stanley upped their price objective on shares of Unum Group from $52.00 to $55.00 and gave the company an “equal weight” rating in a report on Thursday, October 5th. Royal Bank of Canada reiterated a “hold” rating and issued a $51.00 price target on shares of Unum Group in a report on Tuesday, October 10th. Finally, Goldman Sachs Group assumed coverage on shares of Unum Group in a report on Wednesday, October 18th. They issued a “sell” rating and a $48.00 price target on the stock. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Unum Group has an average rating of “Hold” and an average price target of $55.55.
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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.
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