Arizona State Retirement System lifted its stake in Unum Group (NYSE:UNM – Get Rating) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,435 shares of the financial services provider’s stock after buying an additional 1,788 shares during the quarter. Arizona State Retirement System’s holdings in Unum Group were worth $2,316,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Echo Street Capital Management LLC increased its position in Unum Group by 1.5% during the 3rd quarter. Echo Street Capital Management LLC now owns 17,542 shares of the financial services provider’s stock valued at $681,000 after buying an additional 255 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Unum Group by 6.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 4,940 shares of the financial services provider’s stock valued at $192,000 after purchasing an additional 290 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in Unum Group by 1.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 25,938 shares of the financial services provider’s stock worth $1,064,000 after acquiring an additional 309 shares during the period. Balentine LLC boosted its position in shares of Unum Group by 4.1% during the fourth quarter. Balentine LLC now owns 8,103 shares of the financial services provider’s stock worth $332,000 after buying an additional 319 shares during the period. Finally, CWM LLC boosted its position in shares of Unum Group by 9.5% during the third quarter. CWM LLC now owns 4,199 shares of the financial services provider’s stock worth $163,000 after buying an additional 365 shares during the period. Institutional investors own 79.64% of the company’s stock.
Insider Buying and Selling at Unum Group
In other Unum Group news, COO Michael Q. Simonds sold 18,000 shares of Unum Group stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $43.72, for a total value of $786,960.00. Following the sale, the chief operating officer now owns 222,088 shares of the company’s stock, valued at approximately $9,709,687.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gloria C. Larson acquired 3,270 shares of the firm’s stock in a transaction dated Tuesday, March 14th. The stock was bought at an average price of $39.78 per share, for a total transaction of $130,080.60. Following the acquisition, the director now directly owns 119,846 shares of the company’s stock, valued at $4,767,473.88. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Michael Q. Simonds sold 18,000 shares of Unum Group stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $43.72, for a total value of $786,960.00. Following the transaction, the chief operating officer now owns 222,088 shares of the company’s stock, valued at approximately $9,709,687.36. The disclosure for this sale can be found here. Company insiders own 0.77% of the company’s stock.
Analyst Ratings Changes
Unum Group Stock Down 1.0 %
Shares of UNM opened at $44.31 on Wednesday. The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 6.28, a PEG ratio of 0.71 and a beta of 1.06. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.28 and a current ratio of 0.28. The business’s fifty day moving average price is $40.74 and its two-hundred day moving average price is $41.46. Unum Group has a 52 week low of $31.11 and a 52 week high of $46.64.
Unum Group (NYSE:UNM – Get Rating) last posted its quarterly earnings results on Tuesday, May 2nd. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.22. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Unum Group had a return on equity of 14.67% and a net margin of 11.78%. The firm’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. On average, analysts predict that Unum Group will post 6.94 earnings per share for the current year.
Unum Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 19th. Shareholders of record on Friday, April 28th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, April 27th. Unum Group’s dividend payout ratio is 18.70%.
About Unum Group
Unum Group engages in the provision of financial protection benefits. Its services include disability, life, accident, critical illness, dental, vision, and other related services. It operates through the following segments: Unum US, Unum International, Colonial Life, Closed Block, and Corporate. The Unum US segment focuses on group disability, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business.
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