Unum Group (NYSE:UNM) Shares Sold by Creative Planning

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Creative Planning decreased its position in Unum Group (NYSE:UNM) by 2.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 11,945 shares of the financial services provider’s stock after selling 312 shares during the period. Creative Planning’s holdings in Unum Group were worth $401,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in Unum Group by 8.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,875,403 shares of the financial services provider’s stock valued at $143,237,000 after purchasing an additional 396,764 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Unum Group by 15.1% during the fourth quarter. Geode Capital Management LLC now owns 3,344,324 shares of the financial services provider’s stock valued at $98,111,000 after acquiring an additional 438,390 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Unum Group by 0.7% during the first quarter. Northern Trust Corp now owns 2,635,821 shares of the financial services provider’s stock valued at $89,169,000 after acquiring an additional 19,621 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Unum Group by 4.5% during the first quarter. Parametric Portfolio Associates LLC now owns 986,440 shares of the financial services provider’s stock valued at $33,371,000 after acquiring an additional 42,386 shares during the last quarter. Finally, Clark Capital Management Group Inc. boosted its stake in shares of Unum Group by 7.2% during the first quarter. Clark Capital Management Group Inc. now owns 982,514 shares of the financial services provider’s stock valued at $33,238,000 after acquiring an additional 65,941 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors.

UNM opened at $25.76 on Friday. The business’s fifty day simple moving average is $31.85 and its 200 day simple moving average is $34.31. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.35. Unum Group has a 52 week low of $25.69 and a 52 week high of $40.76. The firm has a market cap of $5.72 billion, a P/E ratio of 4.95, a PEG ratio of 0.56 and a beta of 1.50.

Unum Group (NYSE:UNM) last issued its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. Unum Group had a return on equity of 12.90% and a net margin of 4.46%. The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the company earned $1.30 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, equities analysts expect that Unum Group will post 5.45 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 16th. Shareholders of record on Monday, July 29th will be paid a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 4.43%. This is a positive change from Unum Group’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, July 26th. Unum Group’s dividend payout ratio (DPR) is presently 21.92%.

In other Unum Group news, Director Gloria C. Larson sold 1,602 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $33.55, for a total value of $53,747.10. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.49% of the stock is currently owned by company insiders.

A number of analysts recently commented on UNM shares. Morgan Stanley decreased their price objective on Unum Group from $42.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. TheStreet lowered Unum Group from a “b-” rating to a “c+” rating in a research note on Thursday, June 6th. ValuEngine lowered Unum Group from a “sell” rating to a “strong sell” rating in a research note on Monday, July 29th. Credit Suisse Group started coverage on Unum Group in a research note on Wednesday, July 10th. They set an “underperform” rating on the stock. Finally, Zacks Investment Research raised Unum Group from a “sell” rating to a “hold” rating and set a $35.00 price objective on the stock in a research note on Thursday, May 30th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Unum Group presently has an average rating of “Hold” and a consensus price target of $39.00.

About Unum Group

Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.

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

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