Langen Mcalenn restated their neutral rating on shares of Unum Group (NYSE:UNM) in a research note published on Tuesday morning. Langen Mcalenn also issued estimates for Unum Group’s Q4 2017 earnings at $1.16 EPS and FY2018 earnings at $5.30 EPS.
A number of other equities analysts have also weighed in on the stock. SunTrust Banks restated a buy rating and set a $69.00 price target on shares of Unum Group in a research report on Thursday, January 11th. Deutsche Bank initiated coverage on shares of Unum Group in a report on Tuesday, January 2nd. They issued a hold rating and a $58.00 target price on the stock. Zacks Investment Research upgraded shares of Unum Group from a hold rating to a buy rating and set a $63.00 price objective on the stock in a report on Friday, January 12th. ValuEngine upgraded shares of Unum Group from a buy rating to a strong-buy rating in a report on Sunday, December 31st. Finally, Royal Bank of Canada restated a hold rating and issued a $51.00 price objective on shares of Unum Group in a report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Hold and an average target price of $56.00.
Shares of Unum Group (NYSE UNM) opened at $55.99 on Tuesday. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.29. Unum Group has a one year low of $43.55 and a one year high of $58.73. The company has a market cap of $12,597.20, a price-to-earnings ratio of 13.14, a PEG ratio of 1.57 and a beta of 1.67.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Monday, January 29th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, January 26th. Unum Group’s payout ratio is currently 21.60%.
In related news, CFO John F. Mcgarry sold 4,588 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $58.19, for a total transaction of $266,975.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Timothy Gerald Arnold sold 1,000 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $55.07, for a total transaction of $55,070.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,710 shares of company stock worth $1,403,663. Insiders own 0.53% of the company’s stock.
Large investors have recently modified their holdings of the stock. BB&T Investment Services Inc. acquired a new stake in Unum Group during the 2nd quarter worth $100,000. Invictus RG acquired a new stake in Unum Group during the 3rd quarter worth $176,000. Keel Point LLC acquired a new stake in Unum Group during the 3rd quarter worth $202,000. Schulhoff & Co. Inc. acquired a new stake in Unum Group during the 3rd quarter worth $204,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Unum Group during the 3rd quarter worth $205,000. Hedge funds and other institutional investors own 91.75% of the company’s stock.
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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.
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