Unum Group (UNM) Director E Michael Caulfield Sells 3,814 Shares

Unum Group (NYSE:UNM) Director E Michael Caulfield sold 3,814 shares of the firm’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $52.42, for a total transaction of $199,929.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Unum Group (NYSE:UNM) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.05. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the previous year, the firm earned $1.01 EPS. Unum Group’s revenue was up 2.0% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Monday, October 30th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Friday, October 27th. Unum Group’s dividend payout ratio (DPR) is 21.60%.

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A number of large investors have recently modified their holdings of the business. Gotham Asset Management LLC raised its position in Unum Group by 0.8% in the 2nd quarter. Gotham Asset Management LLC now owns 4,475 shares of the financial services provider’s stock worth $209,000 after buying an additional 35 shares during the last quarter. Quantum Capital Management raised its position in Unum Group by 0.4% in the 2nd quarter. Quantum Capital Management now owns 15,174 shares of the financial services provider’s stock worth $708,000 after buying an additional 54 shares during the last quarter. HM Payson & Co. raised its position in Unum Group by 0.5% in the 2nd quarter. HM Payson & Co. now owns 12,527 shares of the financial services provider’s stock worth $584,000 after buying an additional 62 shares during the last quarter. Honkamp Krueger Financial Services Inc. raised its position in Unum Group by 0.3% in the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 26,338 shares of the financial services provider’s stock worth $1,228,000 after buying an additional 81 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Unum Group by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the financial services provider’s stock worth $662,000 after buying an additional 100 shares during the last quarter. 93.26% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on the stock. SunTrust Banks, Inc. reissued a “buy” rating and issued a $62.00 price objective on shares of Unum Group in a research report on Friday, October 27th. Royal Bank Of Canada reissued a “hold” rating and issued a $52.00 price objective on shares of Unum Group in a research report on Friday, October 27th. Wells Fargo & Company set a $48.00 price objective on shares of Unum Group and gave the company a “hold” rating in a research report on Wednesday, October 25th. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Unum Group in a research report on Wednesday, October 18th. They issued a “sell” rating and a $48.00 price objective for the company. Finally, Zacks Investment Research raised shares of Unum Group from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $51.18.

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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