Capital Fund Management S.A. acquired a new position in shares of Unum Group (NYSE:UNM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 69,100 shares of the financial services provider’s stock, valued at approximately $3,222,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bronfman E.L. Rothschild L.P. boosted its holdings in Unum Group by 1.2% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 2,434 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 29 shares during the last quarter. HM Payson & Co. boosted its holdings in Unum Group by 0.5% during the 2nd quarter. HM Payson & Co. now owns 12,527 shares of the financial services provider’s stock worth $584,000 after acquiring an additional 62 shares during the last quarter. Honkamp Krueger Financial Services Inc. boosted its holdings in Unum Group by 0.3% during the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 26,338 shares of the financial services provider’s stock worth $1,228,000 after acquiring an additional 81 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Unum Group by 0.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the financial services provider’s stock worth $662,000 after acquiring an additional 100 shares during the last quarter. Finally, Newman Dignan & Sheerar Inc. boosted its holdings in Unum Group by 0.6% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 15,954 shares of the financial services provider’s stock worth $744,000 after acquiring an additional 100 shares during the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, EVP Breege A. Farrell sold 15,000 shares of Unum Group stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of $45.47, for a total value of $682,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gloria C. Larson sold 2,460 shares of Unum Group stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $50.23, for a total value of $123,565.80. The disclosure for this sale can be found here. Insiders sold a total of 19,960 shares of company stock valued at $932,391 over the last quarter. 0.53% of the stock is owned by corporate insiders.

Unum Group (UNM) opened at 48.53 on Wednesday. Unum Group has a one year low of $33.98 and a one year high of $51.43. The company has a 50 day moving average of $48.87 and a 200-day moving average of $47.22. The stock has a market capitalization of $10.95 billion, a P/E ratio of 11.69 and a beta of 1.57.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. Unum Group had a return on equity of 10.23% and a net margin of 8.57%. The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the company earned $1.00 EPS. Equities research analysts predict that Unum Group will post $4.17 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Monday, July 31st were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.90%. This is an increase from Unum Group’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, July 27th. Unum Group’s dividend payout ratio (DPR) is presently 22.17%.

Unum Group declared that its Board of Directors has initiated a stock repurchase program on Thursday, May 25th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

A number of equities analysts have issued reports on UNM shares. BidaskClub raised shares of Unum Group from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research raised shares of Unum Group from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a report on Wednesday, June 28th. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of Unum Group in a report on Sunday, July 30th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Unum Group has an average rating of “Hold” and a consensus target price of $46.44.

Unum Group Company Profile

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.

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Institutional Ownership by Quarter for Unum Group (NYSE:UNM)

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