Comerica Bank decreased its holdings in shares of Unum Group (NYSE:UNM) by 18.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,182 shares of the financial services provider’s stock after selling 9,908 shares during the quarter. Comerica Bank’s holdings in Unum Group were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of UNM. Donald Smith & CO. Inc. lifted its holdings in shares of Unum Group by 158.2% during the 2nd quarter. Donald Smith & CO. Inc. now owns 5,328,092 shares of the financial services provider’s stock valued at $197,086,000 after acquiring an additional 3,264,382 shares in the last quarter. Nuance Investments LLC lifted its holdings in shares of Unum Group by 224.9% during the 2nd quarter. Nuance Investments LLC now owns 1,802,312 shares of the financial services provider’s stock valued at $66,668,000 after acquiring an additional 1,247,604 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Unum Group by 1,402.8% during the 2nd quarter. Victory Capital Management Inc. now owns 1,032,795 shares of the financial services provider’s stock valued at $38,203,000 after acquiring an additional 964,068 shares in the last quarter. Investec Asset Management LTD lifted its holdings in shares of Unum Group by 18.4% during the 2nd quarter. Investec Asset Management LTD now owns 4,753,433 shares of the financial services provider’s stock valued at $175,829,000 after acquiring an additional 739,037 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Unum Group by 20.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,871,332 shares of the financial services provider’s stock valued at $143,202,000 after acquiring an additional 645,870 shares in the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.
Shares of UNM stock opened at $35.91 on Monday. Unum Group has a 12 month low of $33.27 and a 12 month high of $58.73. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 0.76 and a beta of 1.32.
Unum Group (NYSE:UNM) last issued its quarterly earnings data 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. Unum Group had a net margin of 4.68% and a return on equity of 12.06%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.89 billion. Sell-side analysts forecast that Unum Group will post 5.22 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 16th. Shareholders of record on Monday, October 29th were issued a $0.26 dividend. The ex-dividend date of this dividend was Friday, October 26th. This represents a $1.04 dividend on an annualized basis and a yield of 2.90%. Unum Group’s dividend payout ratio is currently 24.24%.
UNM has been the topic of several recent research reports. TheStreet lowered shares of Unum Group from a “b-” rating to a “c+” rating in a report on Wednesday, October 24th. Zacks Investment Research upgraded shares of Unum Group from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Friday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $53.08.
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Unum Group Company Profile
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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