Unum Group (NYSE:UNM) Stock Position Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in Unum Group (NYSE:UNM - Free Report) by 13.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 337,273 shares of the financial services provider's stock after buying an additional 40,313 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.19% of Unum Group worth $27,474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Millstone Evans Group LLC bought a new stake in shares of Unum Group in the 4th quarter worth $45,000. Duncker Streett & Co. Inc. bought a new stake in shares of Unum Group in the 4th quarter worth $58,000. SBI Securities Co. Ltd. bought a new stake in shares of Unum Group in the 4th quarter worth $91,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Unum Group by 60.3% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,282 shares of the financial services provider's stock worth $104,000 after buying an additional 482 shares in the last quarter. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Unum Group during the fourth quarter worth $102,000. Institutional investors own 86.57% of the company's stock.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 10,000 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $80.00, for a total value of $800,000.00. Following the completion of the sale, the executive vice president now owns 51,170 shares of the company's stock, valued at $4,093,600. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.92% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on UNM shares. Morgan Stanley boosted their target price on Unum Group from $76.00 to $83.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Wall Street Zen lowered Unum Group from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Wells Fargo & Company boosted their target price on Unum Group from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Raymond James Financial raised Unum Group from a "market perform" rating to a "strong-buy" rating and set a $108.00 target price on the stock in a research report on Wednesday, March 5th. Finally, Barclays boosted their target price on Unum Group from $85.00 to $89.00 and gave the stock an "overweight" rating in a research report on Friday, April 11th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $88.29.

Unum Group Stock Performance

Shares of UNM stock opened at $80.47 on Friday. Unum Group has a 1-year low of $49.63 and a 1-year high of $84.48. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 9.48, a P/E/G ratio of 1.25 and a beta of 0.43. The stock's fifty day simple moving average is $79.71 and its 200-day simple moving average is $77.32.

Unum Group (NYSE:UNM - Get Free Report) last issued its earnings results on Tuesday, April 29th. The financial services provider reported $2.04 EPS for the quarter, missing analysts' consensus estimates of $2.19 by ($0.15). Unum Group had a net margin of 12.31% and a return on equity of 14.17%. The firm had revenue of $3.09 billion during the quarter, compared to analysts' expectations of $3.34 billion. During the same quarter last year, the firm earned $2.12 EPS. The business's revenue for the quarter was down 3.4% compared to the same quarter last year. On average, sell-side analysts predict that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, April 25th were paid a $0.42 dividend. The ex-dividend date was Friday, April 25th. This represents a $1.68 dividend on an annualized basis and a yield of 2.09%. Unum Group's dividend payout ratio (DPR) is currently 19.79%.

About Unum Group

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.

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