Macquarie Group Ltd. raised its stake in shares of Unum Group (NYSE:UNM) by 11.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 93,900 shares of the financial services provider’s stock after acquiring an additional 10,000 shares during the period. Macquarie Group Ltd.’s holdings in Unum Group were worth $4,379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quantum Capital Management lifted its stake in Unum Group by 0.4% during the 2nd quarter. Quantum Capital Management now owns 15,174 shares of the financial services provider’s stock valued at $708,000 after acquiring an additional 54 shares during the period. HM Payson & Co. lifted its stake 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 valued at $584,000 after acquiring an additional 62 shares during the period. Honkamp Krueger Financial Services Inc. lifted its stake 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 valued at $1,228,000 after acquiring an additional 81 shares during the period. Louisiana State Employees Retirement System lifted its stake 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 valued at $662,000 after acquiring an additional 100 shares during the period. Finally, Newman Dignan & Sheerar Inc. lifted its stake 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 valued at $744,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 92.20% of the company’s stock.

Several equities analysts have issued reports on UNM shares. BidaskClub upgraded shares of Unum Group from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. Zacks Investment Research cut shares of Unum Group from a “buy” rating to a “hold” rating in a research note on Monday, September 4th. Morgan Stanley upped their target price on shares of Unum Group from $52.00 to $55.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. SunTrust Banks, Inc. restated a “buy” rating and set a $58.00 target price on shares of Unum Group in a research note on Wednesday, September 27th. Finally, Goldman Sachs Group, Inc. (The) started coverage on shares of Unum Group in a research note on Wednesday. They set a “sell” rating and a $48.00 target price on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Unum Group presently has an average rating of “Hold” and an average target price of $51.00.

COPYRIGHT VIOLATION NOTICE: “Unum Group (UNM) Shares Bought by Macquarie Group Ltd.” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/10/20/unum-group-unm-shares-bought-by-macquarie-group-ltd.html.

Shares of Unum Group (NYSE:UNM) opened at 52.28 on Friday. The stock has a market cap of $11.80 billion, a price-to-earnings ratio of 12.59 and a beta of 1.59. The stock’s 50 day moving average is $50.26 and its 200 day moving average is $47.86. Unum Group has a 52-week low of $34.83 and a 52-week high of $52.75.

Unum Group (NYSE:UNM) last released its earnings results on Thursday, July 27th. The financial services provider reported $1.05 EPS for the quarter, topping the Zacks’ 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 firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. On average, equities analysts predict that Unum Group will post $4.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Monday, October 30th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Friday, October 27th. Unum Group’s dividend payout ratio (DPR) is 22.17%.

In other Unum Group news, Director Gloria C. Larson sold 2,460 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $50.23, for a total value of $123,565.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pamela H. Godwin sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.71, for a total value of $126,775.00. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.

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.

Want to see what other hedge funds are holding UNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unum Group (NYSE:UNM).

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

Receive News & Stock Ratings for Unum Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unum Group and related stocks with our FREE daily email newsletter.