BT Investment Management Ltd bought a new stake in Unum Group (NYSE:UNM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 134,982 shares of the financial services provider’s stock, valued at approximately $6,294,000. BT Investment Management Ltd owned approximately 0.06% of Unum Group at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Keybank National Association OH increased its position in Unum Group by 4.6% during the 1st quarter. Keybank National Association OH now owns 24,107 shares of the financial services provider’s stock worth $1,130,000 after purchasing an additional 1,067 shares in the last quarter. Achmea Investment Management B.V. acquired a new position in Unum Group during the 1st quarter worth approximately $3,930,000. State of Tennessee Treasury Department increased its position in Unum Group by 64.0% during the 1st quarter. State of Tennessee Treasury Department now owns 175,796 shares of the financial services provider’s stock worth $8,244,000 after purchasing an additional 68,624 shares in the last quarter. Aviva PLC increased its position in Unum Group by 0.5% during the 2nd quarter. Aviva PLC now owns 144,311 shares of the financial services provider’s stock worth $6,731,000 after purchasing an additional 690 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in Unum Group by 30.5% during the 2nd quarter. Prudential Financial Inc. now owns 3,109,206 shares of the financial services provider’s stock worth $144,982,000 after purchasing an additional 727,487 shares in the last quarter. Institutional investors own 92.34% of the company’s stock.
Unum Group (NYSE:UNM) traded up 0.18% on Friday, reaching $50.12. 607,626 shares of the company’s stock traded hands. Unum Group has a 12 month low of $33.98 and a 12 month high of $51.43. The company has a market cap of $11.31 billion, a PE ratio of 12.07 and a beta of 1.57. The firm’s 50 day moving average price is $48.82 and its 200 day moving average price is $47.20.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.80 billion. Unum Group had a return on equity of 10.23% and a net margin of 8.57%. During the same quarter last year, the company earned $1.00 earnings per share. On average, equities analysts expect that Unum Group will post $4.17 EPS for the current fiscal year.
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In other news, Director Pamela H. Godwin sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $50.71, for a total value of $126,775.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gloria C. Larson sold 2,460 shares of Unum Group stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $50.23, for a total value of $123,565.80. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by company insiders.
UNM has been the topic of a number of research reports. BidaskClub raised shares of Unum Group from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research lowered shares of Unum Group from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Barclays PLC boosted their target price on shares of Unum Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Friday, August 11th. Wells Fargo & Company reissued a “hold” rating on shares of Unum Group in a report on Sunday, July 30th. Finally, ValuEngine raised shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Unum Group presently has an average rating of “Hold” and a consensus target price of $48.50.
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.
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