Unum Group (NYSE:UNM) has earned an average rating of “Hold” from the fourteen analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $52.64.
Several equities analysts recently weighed in on UNM shares. TheStreet lowered shares of Unum Group from a “b-” rating to a “c+” rating in a research report on Wednesday, October 24th. JPMorgan Chase & Co. cut their price objective on shares of Unum Group from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 2nd. Finally, Zacks Investment Research lowered shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, December 31st.
Large investors have recently added to or reduced their stakes in the company. FTB Advisors Inc. raised its position in shares of Unum Group by 7.1% in the third quarter. FTB Advisors Inc. now owns 109,168 shares of the financial services provider’s stock valued at $4,266,000 after purchasing an additional 7,259 shares during the period. Donald Smith & CO. Inc. increased its position in Unum Group by 4.3% during the third quarter. Donald Smith & CO. Inc. now owns 5,555,352 shares of the financial services provider’s stock worth $217,048,000 after acquiring an additional 227,260 shares during the period. Pacer Advisors Inc. increased its position in Unum Group by 13.8% during the third quarter. Pacer Advisors Inc. now owns 11,798 shares of the financial services provider’s stock worth $461,000 after acquiring an additional 1,428 shares during the period. Aperio Group LLC increased its position in Unum Group by 16.3% during the third quarter. Aperio Group LLC now owns 284,119 shares of the financial services provider’s stock worth $11,101,000 after acquiring an additional 39,771 shares during the period. Finally, Credit Suisse AG increased its position in Unum Group by 67.9% during the third quarter. Credit Suisse AG now owns 604,161 shares of the financial services provider’s stock worth $23,605,000 after acquiring an additional 244,288 shares during the period. 90.38% of the stock is currently owned by institutional investors.
Shares of UNM opened at $35.84 on Thursday. The company has a market cap of $7.67 billion, a P/E ratio of 6.89, a price-to-earnings-growth ratio of 0.71 and a beta of 1.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.18 and a current ratio of 0.17. Unum Group has a twelve month low of $26.76 and a twelve month high of $53.10.
Unum Group (NYSE:UNM) last issued its quarterly earnings data on Tuesday, February 5th. The financial services provider reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.01). The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a net margin of 4.51% and a return on equity of 12.69%. Unum Group’s revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.13 EPS. Analysts predict that Unum Group will post 5.5 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Monday, January 28th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Friday, January 25th. Unum Group’s dividend payout ratio is 20.00%.
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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