Keybank National Association OH lifted its holdings in shares of Unum Group (NYSE:UNM) by 40.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,891 shares of the financial services provider’s stock after purchasing an additional 7,451 shares during the quarter. Keybank National Association OH’s holdings in Unum Group were worth $1,421,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cerebellum GP LLC acquired a new position in shares of Unum Group during the 4th quarter worth $125,000. Invictus RG acquired a new position in shares of Unum Group during the 3rd quarter worth $176,000. Keel Point LLC acquired a new position in shares of Unum Group during the 3rd quarter worth $202,000. Schulhoff & Co. Inc. acquired a new position in shares of Unum Group during the 3rd quarter worth $204,000. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Unum Group during the 3rd quarter worth $205,000. Institutional investors own 90.16% of the company’s stock.
Several brokerages have recently commented on UNM. Zacks Investment Research upgraded shares of Unum Group from a “hold” rating to a “buy” rating and set a $63.00 price target on the stock in a research note on Friday, January 12th. SunTrust Banks reaffirmed a “buy” rating and set a $69.00 price objective on shares of Unum Group in a report on Thursday, January 11th. Wells Fargo & Co set a $56.00 price objective on shares of Unum Group and gave the stock a “hold” rating in a report on Wednesday, December 13th. Langen Mcalenn reaffirmed a “neutral” rating on shares of Unum Group in a report on Tuesday, January 16th. Finally, Deutsche Bank began coverage on shares of Unum Group in a report on Tuesday, January 2nd. They set a “hold” rating and a $58.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $56.73.
In other Unum Group news, CFO John F. Mcgarry sold 4,588 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $58.19, for a total value of $266,975.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lisa G. Iglesias sold 8,459 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $54.83, for a total transaction of $463,806.97. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,047 shares of company stock valued at $1,046,303. Insiders own 0.53% of the company’s stock.
Shares of Unum Group (NYSE:UNM) opened at $52.34 on Wednesday. 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 has a 1-year low of $43.55 and a 1-year high of $58.73. The firm has a market cap of $11,740.00, a price-to-earnings ratio of 11.95, a price-to-earnings-growth ratio of 1.45 and a beta of 1.51.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Unum Group had a net margin of 8.81% and a return on equity of 10.43%. The firm had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same period in the prior year, the firm earned $0.99 EPS. The business’s revenue was up 1.5% on a year-over-year basis. equities research analysts predict that Unum Group will post 5.17 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Monday, January 29th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date was Friday, January 26th. Unum Group’s dividend payout ratio (DPR) is presently 21.00%.
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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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