Texas Permanent School Fund Trims Position in Unum Group (UNM)

Texas Permanent School Fund decreased its position in Unum Group (NYSE:UNM) by 10.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 43,998 shares of the financial services provider’s stock after selling 5,099 shares during the period. Texas Permanent School Fund’s holdings in Unum Group were worth $1,293,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of UNM. BlackRock Inc. boosted its stake in Unum Group by 21.5% in the 4th quarter. BlackRock Inc. now owns 19,837,098 shares of the financial services provider’s stock worth $582,815,000 after purchasing an additional 3,516,140 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in Unum Group by 3,369.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,096,410 shares of the financial services provider’s stock worth $71,000 after purchasing an additional 2,035,983 shares during the period. Prudential Financial Inc. boosted its stake in Unum Group by 249.9% in the 4th quarter. Prudential Financial Inc. now owns 2,515,315 shares of the financial services provider’s stock worth $73,900,000 after purchasing an additional 1,796,405 shares during the period. Schroder Investment Management Group boosted its stake in Unum Group by 40.8% in the 3rd quarter. Schroder Investment Management Group now owns 2,761,483 shares of the financial services provider’s stock worth $107,891,000 after purchasing an additional 800,414 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its stake in Unum Group by 108,665.3% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 793,987 shares of the financial services provider’s stock worth $31,022,000 after purchasing an additional 793,257 shares during the period. 89.82% of the stock is owned by hedge funds and other institutional investors.

UNM stock traded up $0.19 during midday trading on Friday, reaching $36.37. The company had a trading volume of 20,974 shares, compared to its average volume of 1,835,860. Unum Group has a 1 year low of $26.76 and a 1 year high of $51.17. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.34. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 0.73 and a beta of 1.48.

Unum Group (NYSE:UNM) last released its earnings results on Tuesday, February 5th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.01). Unum Group had a return on equity of 12.69% and a net margin of 4.51%. The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter in the previous year, the company earned $1.13 EPS. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. On average, research analysts anticipate that Unum Group will post 5.49 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, February 15th. Shareholders of record on Monday, January 28th were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, January 25th. This represents a $1.04 dividend on an annualized basis and a yield of 2.86%. Unum Group’s payout ratio is 20.00%.

A number of research firms recently commented on UNM. TheStreet raised shares of Unum Group from a “c+” rating to a “b” rating in a research note on Friday, March 8th. Zacks Investment Research lowered shares of Unum Group from a “buy” rating to a “hold” rating in a research note on Monday, December 31st. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Unum Group from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, January 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $51.55.

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Unum Group Company Profile

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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