Unum Group (NYSE:UNM) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC increased its holdings in Unum Group (NYSE:UNM - Free Report) by 9.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 134,134 shares of the financial services provider's stock after buying an additional 11,331 shares during the quarter. Janus Henderson Group PLC owned about 0.07% of Unum Group worth $7,972,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of UNM. V Square Quantitative Management LLC purchased a new stake in Unum Group in the 2nd quarter worth approximately $26,000. Capital Performance Advisors LLP purchased a new stake in Unum Group in the 3rd quarter worth approximately $31,000. 1620 Investment Advisors Inc. purchased a new stake in Unum Group in the 2nd quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Unum Group in the 3rd quarter worth approximately $37,000. Finally, Innealta Capital LLC purchased a new stake in Unum Group in the 2nd quarter worth approximately $40,000. Institutional investors and hedge funds own 86.57% of the company's stock.

Insider Activity at Unum Group

In other Unum Group news, EVP Timothy Gerald Arnold sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $76.92, for a total transaction of $769,200.00. Following the sale, the executive vice president now directly owns 54,827 shares in the company, valued at $4,217,292.84. This represents a 15.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Walter Lynn Rice, Jr. sold 1,500 shares of the business's stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $69.56, for a total transaction of $104,340.00. Following the completion of the transaction, the chief accounting officer now owns 8,361 shares of the company's stock, valued at approximately $581,591.16. This trade represents a 15.21 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 107,914 shares of company stock worth $7,998,745. Insiders own 0.93% of the company's stock.

Wall Street Analysts Forecast Growth

UNM has been the topic of several recent research reports. Morgan Stanley upped their price objective on Unum Group from $62.00 to $64.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 30th. Barclays increased their target price on Unum Group from $72.00 to $74.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th. Bank of America increased their target price on Unum Group from $54.00 to $63.00 and gave the company a "neutral" rating in a research report on Thursday, October 10th. Evercore ISI upgraded Unum Group from an "in-line" rating to an "outperform" rating and increased their target price for the company from $67.00 to $84.00 in a research report on Thursday, November 14th. Finally, JPMorgan Chase & Co. decreased their target price on Unum Group from $65.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, October 3rd. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $67.73.

Unum Group Trading Down 1.2 %

Shares of UNM stock traded down $0.91 during trading on Monday, hitting $74.05. 1,301,767 shares of the stock traded hands, compared to its average volume of 1,253,206. The firm has a market capitalization of $13.52 billion, a P/E ratio of 8.01, a price-to-earnings-growth ratio of 1.07 and a beta of 0.79. Unum Group has a 52-week low of $43.04 and a 52-week high of $77.63. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.28 and a quick ratio of 0.28. The firm's fifty day moving average price is $67.95 and its 200-day moving average price is $58.52.

Unum Group (NYSE:UNM - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $2.13 EPS for the quarter, beating the consensus estimate of $2.10 by $0.03. The business had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.26 billion. Unum Group had a return on equity of 15.21% and a net margin of 13.76%. The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.94 EPS. As a group, research analysts forecast that Unum Group will post 8.53 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, October 25th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Friday, October 25th. Unum Group's dividend payout ratio is presently 18.18%.

Unum Group Company Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. 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.