FDO Partners LLC Sells 17,671 Shares of Unum Group (UNM)

FDO Partners LLC lowered its holdings in Unum Group (NYSE:UNM) by 57.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,923 shares of the financial services provider’s stock after selling 17,671 shares during the quarter. FDO Partners LLC’s holdings in Unum Group were worth $661,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of UNM. Louisiana State Employees Retirement System raised its holdings in shares of 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 valued at $662,000 after purchasing an additional 100 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Unum Group by 797.2% in the 2nd quarter. Acadian Asset Management LLC now owns 61,746 shares of the financial services provider’s stock valued at $2,880,000 after purchasing an additional 54,864 shares in the last quarter. Strs Ohio raised its holdings in shares of Unum Group by 26.6% in the 2nd quarter. Strs Ohio now owns 27,310 shares of the financial services provider’s stock valued at $1,273,000 after purchasing an additional 5,730 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Unum Group by 27.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 243,552 shares of the financial services provider’s stock valued at $11,347,000 after purchasing an additional 52,989 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Unum Group by 11.9% in the 2nd quarter. Sei Investments Co. now owns 248,802 shares of the financial services provider’s stock valued at $11,602,000 after purchasing an additional 26,385 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

In other Unum Group news, Director E Michael Caulfield sold 3,814 shares of the company’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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christopher J. Jerome sold 7,849 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $53.24, for a total transaction of $417,880.76. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

Several research firms have recently commented on UNM. Barclays boosted their price target on shares of Unum Group from $56.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, August 11th. BidaskClub raised shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Zacks Investment Research downgraded shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. SunTrust Banks reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Unum Group in a research report on Wednesday, September 27th. Finally, ValuEngine raised shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $53.27.

Shares of Unum Group (UNM) traded down $0.14 during trading on Monday, hitting $56.48. 1,448,100 shares of the stock were exchanged, compared to its average volume of 1,179,221. The stock has a market cap of $12,673.50, a P/E ratio of 13.58, a P/E/G ratio of 1.90 and a beta of 1.66. Unum Group has a 52-week low of $42.47 and a 52-week high of $57.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.17 and a current ratio of 0.17.

Unum Group (NYSE:UNM) last posted its quarterly earnings data 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. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.01 earnings per share. equities research analysts expect that Unum Group will post 4.24 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Monday, October 30th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend was Friday, October 27th. Unum Group’s dividend payout ratio is presently 21.60%.

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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.

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

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