Shares of Unum Group (NYSE:UNM) have received an average recommendation of “Hold” from the fifteen analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $53.08.
Several equities research analysts recently issued reports on the stock. TheStreet cut shares of Unum Group from a “b-” rating to a “c+” rating in a research report on Wednesday, October 24th. Zacks Investment Research raised shares of Unum Group from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Friday, October 12th.
Shares of NYSE UNM traded down $1.18 during midday trading on Friday, reaching $32.43. 3,690,693 shares of the stock were exchanged, compared to its average volume of 2,042,941. The company has a market cap of $7.35 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 0.72 and a beta of 1.30. Unum Group has a 52-week low of $31.43 and a 52-week high of $58.73. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.18 and a quick ratio of 0.18.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, October 24th. The financial services provider reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.89 billion. Unum Group had a net margin of 4.68% and a return on equity of 12.06%. On average, analysts anticipate that Unum Group will post 5.22 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, November 16th. Investors of record on Monday, October 29th were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, October 26th. This represents a $1.04 annualized dividend and a dividend yield of 3.21%. Unum Group’s dividend payout ratio is presently 24.24%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stratos Wealth Partners LTD. acquired a new position in Unum Group during the third quarter valued at approximately $117,000. Signaturefd LLC lifted its position in Unum Group by 95.1% during the second quarter. Signaturefd LLC now owns 3,313 shares of the financial services provider’s stock valued at $123,000 after buying an additional 1,615 shares in the last quarter. Focused Wealth Management Inc lifted its position in Unum Group by 12,500.0% during the second quarter. Focused Wealth Management Inc now owns 3,528 shares of the financial services provider’s stock valued at $131,000 after buying an additional 3,500 shares in the last quarter. Tuttle Tactical Management acquired a new position in Unum Group during the second quarter valued at approximately $166,000. Finally, Csenge Advisory Group acquired a new position in Unum Group during the third quarter valued at approximately $180,000. 90.38% of the stock is currently owned by institutional investors and hedge funds.
About Unum Group
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.
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