Unum Group (UNM) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in shares of Unum Group (NYSE:UNM) by 8.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,285 shares of the financial services provider’s stock after selling 4,895 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Unum Group were worth $2,776,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Unum Group by 1.4% in the second quarter. Vanguard Group Inc. now owns 24,407,058 shares of the financial services provider’s stock valued at $1,138,102,000 after purchasing an additional 337,531 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Unum Group by 6.3% in the second 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 lifted its holdings in shares of Unum Group by 1.8% in the second 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. lifted its holdings in shares of Unum Group by 7.5% in the second 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 lifted its holdings in shares of Unum Group by 0.6% in the second 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. Institutional investors and hedge funds own 91.77% of the company’s stock.

Shares of Unum Group (UNM) traded down $0.18 during mid-day trading on Wednesday, hitting $56.34. 838,673 shares of the stock traded hands, compared to its average volume of 1,176,012. Unum Group has a fifty-two week low of $42.76 and a fifty-two week high of $57.49. 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 stock has a market capitalization of $12,680.00, a P/E ratio of 13.71, a PEG ratio of 1.93 and a beta of 1.66.

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

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

In other news, Director E Michael Caulfield sold 3,814 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $52.42, for a total value of $199,929.88. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Christopher J. Jerome sold 7,849 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $53.24, for a total transaction of $417,880.76. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. BidaskClub raised shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Barclays upped their price target on shares of Unum Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday, August 11th. Wells Fargo & Company set a $48.00 price target on shares of Unum Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, SunTrust Banks reissued a “buy” rating and issued a $62.00 price objective on shares of Unum Group in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Unum Group currently has a consensus rating of “Hold” and a consensus price target of $53.27.

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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.

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

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