Timothy Gerald Arnold Sells 1,000 Shares of Unum Group (UNM) Stock

Unum Group (NYSE:UNM) CEO Timothy Gerald Arnold sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $55.07, for a total transaction of $55,070.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Unum Group (NYSE:UNM) traded down $0.08 during midday trading on Monday, reaching $53.95. 2,536,115 shares of the company’s stock were exchanged, compared to its average volume of 1,199,170. 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 capitalization of $12,123.74, a PE ratio of 12.99, a PEG ratio of 1.83 and a beta of 1.66. Unum Group has a 1 year low of $43.33 and a 1 year high of $57.55.

Unum Group (NYSE:UNM) last posted its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ 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 revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.01 earnings per share. analysts expect that Unum Group will post 4.21 EPS for the current fiscal year.

UNM has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 4th. Morgan Stanley boosted their price objective on shares of 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 reaffirmed a “buy” rating and set a $58.00 price objective on shares of Unum Group in a research report on Wednesday, September 27th. Goldman Sachs Group initiated coverage on shares of Unum Group in a research report on Wednesday, October 18th. They set a “sell” rating and a $48.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $53.00 price objective 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 issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $54.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of UNM. Global X Management Co. LLC lifted its stake in Unum Group by 35.3% in the second 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 during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Unum Group by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,058,332 shares of the financial services provider’s stock valued at $49,351,000 after acquiring an additional 15,747 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Unum Group by 21.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 98,208 shares of the financial services provider’s stock valued at $4,579,000 after acquiring an additional 17,155 shares during the last quarter. State of Wisconsin Investment Board lifted its stake in Unum Group by 29.7% in the second quarter. State of Wisconsin Investment Board now owns 205,943 shares of the financial services provider’s stock valued at $9,603,000 after acquiring an additional 47,150 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in Unum Group by 2.5% in the second quarter. Legal & General Group Plc now owns 1,249,171 shares of the financial services provider’s stock valued at $58,248,000 after acquiring an additional 30,617 shares during the last quarter. Hedge funds and other 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.

Insider Buying and Selling by Quarter for Unum Group (NYSE:UNM)

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