United Services Automobile Association decreased its position in shares of Unum Group (NYSE:UNM) by 2.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,057 shares of the financial services provider’s stock after selling 1,865 shares during the period. United Services Automobile Association’s holdings in Unum Group were worth $3,473,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in UNM. Bronfman E.L. Rothschild L.P. raised its stake in shares of Unum Group by 1.2% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,434 shares of the financial services provider’s stock worth $114,000 after buying an additional 29 shares during the last quarter. Crestwood Advisors Group LLC acquired a new stake in Unum Group during the first quarter valued at approximately $150,000. Glassman Wealth Services raised its stake in Unum Group by 12,121.4% in the fourth quarter. Glassman Wealth Services now owns 3,422 shares of the financial services provider’s stock valued at $150,000 after buying an additional 3,394 shares during the last quarter. Coastline Trust Co acquired a new stake in Unum Group during the first quarter valued at approximately $202,000. Finally, Federated Investors Inc. PA raised its stake in Unum Group by 217,300.0% in the fourth quarter. Federated Investors Inc. PA now owns 4,348 shares of the financial services provider’s stock valued at $191,000 after buying an additional 4,346 shares during the last quarter. 93.20% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Unum Group (NYSE:UNM) traded down 0.94% on Tuesday, hitting $47.45. 83,081 shares of the stock traded hands. The stock’s 50 day moving average price is $45.96 and its 200 day moving average price is $46.05. Unum Group has a 52-week low of $29.79 and a 52-week high of $50.27. The stock has a market cap of $10.83 billion, a P/E ratio of 11.65 and a beta of 1.49.
Unum Group (NYSE:UNM) last posted its earnings results on Wednesday, April 26th. The financial services provider reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.02. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.84 billion. Unum Group had a net margin of 8.54% and a return on equity of 10.23%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 EPS. On average, equities analysts expect that Unum Group will post $4.10 EPS for the current fiscal year.
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UNM has been the topic of several research reports. Citigroup Inc. lowered shares of Unum Group from a “buy” rating to a “neutral” rating and set a $53.00 price objective on the stock. in a research note on Monday, March 13th. Deutsche Bank AG boosted their price objective on shares of Unum Group from $46.00 to $48.00 and gave the stock a “hold” rating in a research note on Wednesday, April 19th. Royal Bank Of Canada reissued a “hold” rating and set a $50.00 price objective on shares of Unum Group in a research note on Friday, April 28th. Finally, BidaskClub raised shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $43.55.
In other Unum Group news, EVP Michael Q. Simonds sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $46.61, for a total transaction of $233,050.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.53% of the company’s stock.
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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