MML Investors Services LLC purchased a new stake in Unum Group (NYSE:UNM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,013 shares of the financial services provider’s stock, valued at approximately $275,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Amundi Pioneer Asset Management Inc. raised its position in shares of Unum Group by 47.8% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 1,028,656 shares of the financial services provider’s stock valued at $56,464,000 after purchasing an additional 332,496 shares during the period. AXA increased its holdings in Unum Group by 5.0% during the 4th quarter. AXA now owns 262,900 shares of the financial services provider’s stock worth $14,431,000 after acquiring an additional 12,600 shares during the period. Geode Capital Management LLC increased its holdings in Unum Group by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 2,514,687 shares of the financial services provider’s stock worth $137,746,000 after acquiring an additional 85,020 shares during the period. Investec Asset Management LTD increased its holdings in Unum Group by 128.2% during the 4th quarter. Investec Asset Management LTD now owns 4,316,708 shares of the financial services provider’s stock worth $236,944,000 after acquiring an additional 2,425,302 shares during the period. Finally, Burney Co. increased its holdings in Unum Group by 3.0% during the 4th quarter. Burney Co. now owns 118,010 shares of the financial services provider’s stock worth $6,478,000 after acquiring an additional 3,481 shares during the period. 92.95% of the stock is currently owned by institutional investors.
In other news, EVP Christopher J. Jerome sold 7,806 shares of the stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $50.90, for a total value of $397,325.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John F. Mcgarry sold 4,588 shares of the company’s 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 disclosure for this sale can be found here. Insiders sold a total of 18,829 shares of company stock worth $999,888 in the last three months. Insiders own 0.53% of the company’s stock.
Unum Group stock opened at $50.63 on Thursday. The company has a market cap of $11,034.29, a price-to-earnings ratio of 11.56, a PEG ratio of 1.38 and a beta of 1.49. Unum Group has a twelve month low of $43.55 and a twelve month high of $58.73. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.29.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.13 EPS for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.05. The firm had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.84 billion. Unum Group had a net margin of 8.81% and a return on equity of 10.43%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS. equities research analysts expect that Unum Group will post 5.17 earnings per share for the current fiscal year.
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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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