Unum Group (NYSE:UNM) – Equities research analysts at B. Riley lowered their FY2017 EPS estimates for shares of Unum Group in a report issued on Monday. B. Riley analyst R. Binner now expects that the financial services provider will post earnings per share of $4.22 for the year, down from their prior forecast of $4.30. B. Riley currently has a “Neutral” rating and a $52.00 target price on the stock.

Unum Group (NYSE:UNM) last posted its quarterly earnings data 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. The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.01 EPS.

Several other equities research analysts have also recently weighed in on UNM. Barclays raised their price objective on shares of Unum Group from $56.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, August 11th. BidaskClub upgraded shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Zacks Investment Research cut shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. SunTrust Banks restated a “buy” rating and issued a $58.00 price objective on shares of Unum Group in a research report on Wednesday, September 27th. Finally, ValuEngine upgraded shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $53.27.

Shares of Unum Group (NYSE UNM) opened at $57.02 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.17 and a quick ratio of 0.17. The firm has a market cap of $12,673.50, a PE ratio of 13.58, a price-to-earnings-growth ratio of 1.90 and a beta of 1.66. Unum Group has a 1 year low of $42.66 and a 1 year high of $57.49.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Monday, October 30th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend was Friday, October 27th. Unum Group’s dividend payout ratio is 21.60%.

In other news, Director E Michael Caulfield sold 3,814 shares of Unum Group stock in a transaction that occurred on Monday, October 30th. The shares were 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 at this link. Also, EVP Christopher J. Jerome sold 7,849 shares of Unum Group stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $53.24, for a total transaction of $417,880.76. The disclosure for this sale can be found here. 0.53% of the stock is owned by insiders.

Several large investors have recently modified their holdings of UNM. Strs Ohio grew its position in shares of Unum Group by 26.6% during the 2nd quarter. Strs Ohio now owns 27,310 shares of the financial services provider’s stock worth $1,273,000 after buying an additional 5,730 shares during the period. Great West Life Assurance Co. Can boosted 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 worth $11,347,000 after acquiring an additional 52,989 shares during the last quarter. Sei Investments Co. boosted 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 worth $11,602,000 after acquiring an additional 26,385 shares during the last quarter. Advisor Partners LLC boosted 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 worth $443,000 after acquiring an additional 585 shares during the last quarter. Finally, Global X Management Co. LLC boosted 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 worth $323,000 after acquiring an additional 1,810 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

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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.

Earnings History and Estimates for Unum Group (NYSE:UNM)

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