Unum Group’s (UNM) “Neutral” Rating Reaffirmed at Langen Mcalenn

Unum Group (NYSE:UNM)‘s stock had its “neutral” rating reiterated by investment analysts at Langen Mcalenn in a report released on Tuesday. Langen Mcalenn also issued estimates for Unum Group’s Q4 2017 earnings at $1.16 EPS.

A number of other analysts also recently issued reports on UNM. Zacks Investment Research downgraded shares of Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. SunTrust Banks reissued a “buy” rating and set a $62.00 target price on shares of Unum Group in a research report on Friday, October 27th. Wells Fargo & Co set a $48.00 target price on shares of Unum Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. ValuEngine raised shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada reissued a “hold” rating and set a $51.00 target price on shares of Unum Group in a research report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Unum Group presently has an average rating of “Hold” and a consensus price target of $56.00.

Unum Group (NYSE:UNM) opened at $55.54 on Tuesday. Unum Group has a one year low of $43.55 and a one year high of $58.73. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.29. The company has a market cap of $13,146.96, a PE ratio of 13.04, a PEG ratio of 1.65 and a beta of 1.67.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $1.09 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.05. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the prior year, the company posted $1.01 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. sell-side analysts forecast that Unum Group will post 4.23 earnings per share for the current year.

In other Unum Group news, CEO Timothy Gerald Arnold sold 1,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $55.07, for a total value of $55,070.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director E Michael Caulfield sold 3,814 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $52.42, for a total transaction of $199,929.88. The disclosure for this sale can be found here. Insiders sold 21,122 shares of company stock valued at $1,136,688 in the last ninety days. 0.53% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the business. Gotham Asset Management LLC boosted its stake in shares of Unum Group by 0.8% during the 2nd quarter. Gotham Asset Management LLC now owns 4,475 shares of the financial services provider’s stock valued at $209,000 after buying an additional 35 shares during the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Unum Group during the 2nd quarter valued at approximately $1,427,000. California Public Employees Retirement System boosted its stake in shares of Unum Group by 3.7% during the 3rd quarter. California Public Employees Retirement System now owns 785,277 shares of the financial services provider’s stock valued at $40,151,000 after buying an additional 27,791 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Unum Group by 11.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 273,147 shares of the financial services provider’s stock valued at $12,736,000 after buying an additional 28,259 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in shares of Unum Group by 6.8% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 914,985 shares of the financial services provider’s stock valued at $46,783,000 after buying an additional 58,117 shares during the last quarter. 91.75% of the stock is owned by institutional investors.

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About Unum Group

Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company’s products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate.

Analyst Recommendations for Unum Group (NYSE:UNM)

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