Unum Group (NYSE:UNM – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 5th. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Unum Group (NYSE:UNM – Get Rating) last issued its quarterly earnings data on Tuesday, February 1st. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.07. Unum Group had a net margin of 6.86% and a return on equity of 8.09%. The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.98 billion. During the same period last year, the company earned $1.15 earnings per share. The business’s revenue was up .6% on a year-over-year basis. On average, analysts expect Unum Group to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.
UNM opened at $31.46 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.28 and a quick ratio of 0.28. The company’s 50-day moving average is $30.20 and its 200 day moving average is $27.47. Unum Group has a fifty-two week low of $22.25 and a fifty-two week high of $34.28. The firm has a market capitalization of $6.35 billion, a P/E ratio of 7.83, a PEG ratio of 0.66 and a beta of 1.53.
In other news, COO Michael Q. Simonds sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 22nd. The shares were sold at an average price of $30.00, for a total value of $600,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lisa G. Iglesias sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, April 18th. The shares were sold at an average price of $32.55, for a total transaction of $976,500.00. Following the completion of the sale, the executive vice president now directly owns 76,814 shares in the company, valued at approximately $2,500,295.70. The disclosure for this sale can be found here. Insiders own 0.62% of the company’s stock.
Large investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC grew its stake in Unum Group by 37.7% during the fourth quarter. Flagship Harbor Advisors LLC now owns 10,228 shares of the financial services provider’s stock valued at $251,000 after acquiring an additional 2,800 shares in the last quarter. JustInvest LLC grew its stake in Unum Group by 44.2% during the fourth quarter. JustInvest LLC now owns 13,526 shares of the financial services provider’s stock valued at $332,000 after acquiring an additional 4,148 shares in the last quarter. Sei Investments Co. grew its stake in Unum Group by 24.4% in the 4th quarter. Sei Investments Co. now owns 33,315 shares of the financial services provider’s stock worth $708,000 after buying an additional 6,539 shares in the last quarter. Metropolitan Life Insurance Co NY grew its stake in Unum Group by 10.0% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 36,568 shares of the financial services provider’s stock worth $898,000 after buying an additional 3,315 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in Unum Group by 74.9% in the 4th quarter. Stifel Financial Corp now owns 48,383 shares of the financial services provider’s stock worth $1,189,000 after buying an additional 20,726 shares in the last quarter. 82.47% of the stock is owned by institutional investors.
A number of research analysts recently weighed in on UNM shares. Zacks Investment Research lowered shares of Unum Group from a “hold” rating to a “sell” rating and set a $29.00 price target on the stock. in a research report on Wednesday, February 23rd. Barclays raised their price target on shares of Unum Group from $28.00 to $31.00 and gave the company an “underweight” rating in a research report on Tuesday, April 12th. Jefferies Financial Group started coverage on shares of Unum Group in a research report on Tuesday, January 25th. They set a “hold” rating and a $27.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Unum Group from $30.00 to $34.00 in a research report on Tuesday, April 5th. Finally, Wolfe Research started coverage on shares of Unum Group in a research report on Friday, January 21st. They issued a “market perform” rating and a $26.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Unum Group currently has a consensus rating of “Hold” and an average target price of $29.88.
Unum Group Company Profile (Get Rating)
Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, 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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