Skandinaviska Enskilda Banken AB publ Has $3.45 Million Holdings in Unum Group (UNM)

Skandinaviska Enskilda Banken AB publ raised its stake in Unum Group (NYSE:UNM) by 6.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,485 shares of the financial services provider’s stock after purchasing an additional 4,200 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Unum Group were worth $3,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Unum Group by 1.4% during the second quarter. Vanguard Group Inc. now owns 24,407,058 shares of the financial services provider’s stock worth $1,138,102,000 after acquiring an additional 337,531 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Unum Group by 6.3% during the second quarter. JPMorgan Chase & Co. now owns 7,036,701 shares of the financial services provider’s stock worth $328,121,000 after acquiring an additional 415,909 shares during the last quarter. LSV Asset Management grew its stake in shares of Unum Group by 1.8% during the second quarter. LSV Asset Management now owns 4,913,271 shares of the financial services provider’s stock worth $229,105,000 after acquiring an additional 88,700 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Unum Group by 7.5% during the second quarter. Ameriprise Financial Inc. now owns 4,216,005 shares of the financial services provider’s stock worth $196,593,000 after purchasing an additional 292,664 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Unum Group by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,288,709 shares of the financial services provider’s stock worth $153,356,000 after purchasing an additional 19,134 shares during the period. Institutional investors own 91.77% of the company’s stock.

In other news, 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 value of $417,880.76. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $199,929.88. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.

A number of equities research analysts recently commented on the company. Barclays lifted their target price on Unum Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Friday, August 11th. BidaskClub upgraded Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Zacks Investment Research cut Unum Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. SunTrust Banks reiterated a “buy” rating and set a $58.00 price target on shares of Unum Group in a research report on Wednesday, September 27th. Finally, ValuEngine upgraded Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Unum Group presently has an average rating of “Hold” and an average price target of $53.27.

Shares of Unum Group (UNM) traded up $0.54 during trading hours on Tuesday, reaching $57.02. The company’s stock had a trading volume of 982,900 shares, compared to its average volume of 1,178,378. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.29. The stock has a market cap of $12,673.50, a PE ratio of 13.58, a P/E/G ratio of 1.90 and a beta of 1.66. Unum Group has a 12 month low of $42.66 and a 12 month high of $57.49.

Unum Group (NYSE:UNM) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 return on equity of 10.37% and a net margin of 8.67%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.01 EPS. analysts predict that Unum Group will post 4.24 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Monday, October 30th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.61%. The ex-dividend date was Friday, October 27th. Unum Group’s payout ratio is currently 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.

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

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