John F. Mcgarry Sells 4,588 Shares of Unum Group (UNM) Stock

Unum Group (NYSE:UNM) CFO John F. Mcgarry sold 4,588 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $58.19, for a total value of $266,975.72. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Unum Group (NYSE:UNM) traded down $0.21 during trading hours on Thursday, reaching $56.14. The company’s stock had a trading volume of 1,180,030 shares, compared to its average volume of 1,638,408. 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 company has a market capitalization of $12,462.57, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 1.57 and a beta of 1.67. Unum Group has a 12-month low of $43.55 and a 12-month high of $58.73.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.82 billion. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.01 earnings per share. equities research analysts forecast that Unum Group will post 4.23 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Monday, January 29th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Friday, January 26th. This represents a $0.92 annualized dividend and a yield of 1.64%. Unum Group’s dividend payout ratio is 21.60%.

Several research firms recently issued reports on UNM. Wells Fargo & Co set a $48.00 target price on Unum Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. SunTrust Banks reiterated a “buy” rating and set a $58.00 target price on shares of Unum Group in a report on Wednesday, September 27th. Royal Bank of Canada reiterated a “hold” rating and set a $52.00 target price on shares of Unum Group in a report on Friday, October 27th. Langen Mcalenn reiterated a “neutral” rating on shares of Unum Group in a report on Tuesday. Finally, ValuEngine upgraded Unum Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $56.00.

Large investors have recently added to or reduced their stakes in the business. BB&T Investment Services Inc. bought a new position in shares of Unum Group during the second quarter worth approximately $100,000. Invictus RG bought a new position in shares of Unum Group during the third quarter worth approximately $176,000. Keel Point LLC bought a new position in shares of Unum Group during the third quarter worth approximately $202,000. Schulhoff & Co. Inc. bought a new position in shares of Unum Group during the third quarter worth approximately $204,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Unum Group during the third quarter worth approximately $205,000. Hedge funds and other institutional investors own 91.75% of the company’s stock.

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Unum Group Company 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.

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

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