Keybank National Association OH decreased its position in shares of Unum Group (NYSE:UNM) by 18.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,440 shares of the financial services provider’s stock after selling 4,093 shares during the period. Keybank National Association OH’s holdings in Unum Group were worth $943,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Unum Group by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 24,407,058 shares of the financial services provider’s stock worth $1,138,102,000 after acquiring an additional 337,531 shares in the last quarter. JPMorgan Chase & Co. raised its position in Unum Group by 6.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,036,701 shares of the financial services provider’s stock valued at $328,121,000 after purchasing an additional 415,909 shares in the last quarter. LSV Asset Management raised its position in Unum Group by 1.8% in the 2nd quarter. LSV Asset Management now owns 4,913,271 shares of the financial services provider’s stock valued at $229,105,000 after purchasing an additional 88,700 shares in the last quarter. Ameriprise Financial Inc. raised its position in Unum Group by 7.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,216,005 shares of the financial services provider’s stock valued at $196,593,000 after purchasing an additional 292,664 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Unum Group by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,288,709 shares of the financial services provider’s stock valued at $153,356,000 after purchasing an additional 19,134 shares in the last quarter. 92.31% of the stock is currently owned by hedge funds and other institutional investors.
Unum Group (NYSE UNM) opened at $52.81 on Wednesday. The stock has a market capitalization of $11,852.23, a P/E ratio of 12.70, a P/E/G ratio of 1.78 and a beta of 1.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.17 and a current ratio of 0.17. Unum Group has a 12 month low of $40.96 and a 12 month high of $53.36.
Unum Group (NYSE:UNM) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.82 billion. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.01 EPS. analysts expect that Unum Group will post 4.24 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Monday, October 30th will be paid a dividend of $0.23 per share. The ex-dividend date is Friday, October 27th. This represents a $0.92 dividend on an annualized basis and a yield of 1.74%. Unum Group’s dividend payout ratio is presently 21.60%.
COPYRIGHT VIOLATION NOTICE: “Keybank National Association OH Decreases Position in Unum Group (UNM)” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/11/15/keybank-national-association-oh-decreases-position-in-unum-group-unm.html.
In related news, Director E Michael Caulfield sold 3,814 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $52.42, for a total transaction of $199,929.88. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.53% of the company’s stock.
A number of equities research analysts have issued reports on the company. BidaskClub raised Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Wells Fargo & Company set a $48.00 price target on Unum Group and gave the company a “hold” rating in a research report on Wednesday, October 25th. Zacks Investment Research raised Unum Group from a “sell” rating to a “hold” rating and set a $56.00 price target on the stock in a research report on Monday, July 31st. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $58.00 price target on shares of Unum Group in a research report on Wednesday, September 27th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $52.00 price target on shares of Unum Group in a research report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, eight 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 stock has an average rating of “Hold” and an average price target of $51.38.
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.
Receive News & Ratings for Unum Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unum Group and related companies with MarketBeat.com's FREE daily email newsletter.