Measured Wealth Private Client Group LLC Buys New Stake in Unum Group (NYSE:UNM)

Measured Wealth Private Client Group LLC acquired a new position in Unum Group (NYSE:UNM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,276 shares of the financial services provider's stock, valued at approximately $531,000.

Several other large investors also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in shares of Unum Group during the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Unum Group in the third quarter worth about $37,000. V Square Quantitative Management LLC raised its stake in shares of Unum Group by 38.2% in the third quarter. V Square Quantitative Management LLC now owns 702 shares of the financial services provider's stock worth $42,000 after buying an additional 194 shares during the period. Quarry LP lifted its position in shares of Unum Group by 4,794.7% during the 3rd quarter. Quarry LP now owns 930 shares of the financial services provider's stock valued at $55,000 after buying an additional 911 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Unum Group by 26.4% during the 4th quarter. Versant Capital Management Inc now owns 766 shares of the financial services provider's stock valued at $56,000 after acquiring an additional 160 shares during the period. 86.57% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Timothy Gerald Arnold sold 10,000 shares of the firm's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $76.92, for a total value of $769,200.00. Following the sale, the executive vice president now directly owns 54,827 shares in the company, valued at approximately $4,217,292.84. This trade represents a 15.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lisa G. Iglesias sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $72.61, for a total transaction of $363,050.00. Following the transaction, the executive vice president now owns 35,840 shares of the company's stock, valued at approximately $2,602,342.40. This trade represents a 12.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 98,164 shares of company stock valued at $7,346,040. Corporate insiders own 0.93% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on UNM shares. Barclays raised their price objective on shares of Unum Group from $76.00 to $85.00 and gave the company an "overweight" rating in a research report on Monday, January 6th. BMO Capital Markets began coverage on Unum Group in a research report on Thursday, January 23rd. They issued an "outperform" rating and a $91.00 price objective on the stock. Evercore ISI upgraded Unum Group from an "in-line" rating to an "outperform" rating and increased their target price for the stock from $67.00 to $84.00 in a research report on Thursday, November 14th. Wells Fargo & Company boosted their price target on Unum Group from $74.00 to $81.00 and gave the stock an "overweight" rating in a report on Tuesday, January 14th. Finally, Jefferies Financial Group increased their price objective on shares of Unum Group from $91.00 to $96.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $79.45.

Unum Group Trading Down 0.1 %

UNM stock traded down $0.09 during mid-day trading on Monday, reaching $76.86. 512,184 shares of the stock traded hands, compared to its average volume of 1,113,938. The business has a 50-day moving average price of $74.23 and a two-hundred day moving average price of $65.49. The stock has a market capitalization of $14.04 billion, a PE ratio of 8.12, a PEG ratio of 1.17 and a beta of 0.80. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.28 and a current ratio of 0.29. Unum Group has a one year low of $47.65 and a one year high of $79.43.

Unum Group (NYSE:UNM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.11). Unum Group had a return on equity of 14.91% and a net margin of 13.81%. Equities research analysts expect that Unum Group will post 9.12 EPS for the current year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 24th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.19%. The ex-dividend date is Friday, January 24th. Unum Group's dividend payout ratio is presently 17.74%.

Unum Group 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.