Unum Group (UNM) Stake Lifted by Hartford Investment Management Co.

Hartford Investment Management Co. lifted its holdings in Unum Group (NYSE:UNM) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,842 shares of the financial services provider’s stock after purchasing an additional 1,814 shares during the quarter. Hartford Investment Management Co.’s holdings in Unum Group were worth $2,855,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System lifted its holdings in shares of Unum Group by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the financial services provider’s stock valued at $662,000 after purchasing an additional 100 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Unum Group by 797.2% during the second quarter. Acadian Asset Management LLC now owns 61,746 shares of the financial services provider’s stock valued at $2,880,000 after purchasing an additional 54,864 shares during the last quarter. Strs Ohio lifted its holdings in shares of Unum Group by 26.6% during the second quarter. Strs Ohio now owns 27,310 shares of the financial services provider’s stock valued at $1,273,000 after purchasing an additional 5,730 shares during the last quarter. Great West Life Assurance Co. Can lifted its holdings in shares of Unum Group by 27.8% during the second quarter. Great West Life Assurance Co. Can now owns 243,552 shares of the financial services provider’s stock valued at $11,347,000 after purchasing an additional 52,989 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Unum Group by 11.9% in 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 in the last quarter. 91.77% of the stock is owned by institutional investors.

Unum Group (NYSE:UNM) traded down $0.14 on Monday, reaching $56.48. The company’s stock had a trading volume of 1,448,100 shares, compared to its average volume of 1,179,221. The firm has a market cap of $12,673.50, a price-to-earnings ratio of 13.58, a P/E/G ratio of 1.90 and a beta of 1.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.17 and a quick ratio of 0.17. Unum Group has a 12-month low of $42.47 and a 12-month high of $57.37.

Unum Group (NYSE:UNM) last released 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 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 company’s revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. equities research analysts expect that Unum Group will post 4.24 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Monday, October 30th were given a $0.23 dividend. The ex-dividend date was Friday, October 27th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.63%. Unum Group’s dividend payout ratio is currently 21.60%.

Several equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $53.00 price objective on shares of Unum Group in a research note on Friday, November 10th. B. Riley raised Unum Group from a “sell” rating to a “neutral” rating and upped their target price for the stock from $43.00 to $52.00 in a research report on Monday, November 6th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $52.00 target price on shares of Unum Group in a research report on Friday, October 27th. SunTrust Banks reaffirmed a “buy” rating and issued a $62.00 target price on shares of Unum Group in a research report on Friday, October 27th. Finally, Wells Fargo & Company set a $48.00 target price on Unum Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $53.27.

In other Unum Group news, EVP Christopher J. Jerome sold 7,849 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $53.24, for a total value of $417,880.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $199,929.88. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by company insiders.

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Unum Group 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.

Institutional Ownership by Quarter for Unum Group (NYSE:UNM)

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