WINTON GROUP Ltd Has $869,000 Holdings in Unum Group (UNM)
WINTON GROUP Ltd lessened its holdings in shares of Unum Group (NYSE:UNM) by 51.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,992 shares of the financial services provider’s stock after selling 17,839 shares during the period. WINTON GROUP Ltd’s holdings in Unum Group were worth $869,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the business. Wells Fargo & Company MN grew its position in shares of Unum Group by 9.1% during the 3rd quarter. Wells Fargo & Company MN now owns 766,453 shares of the financial services provider’s stock worth $39,190,000 after purchasing an additional 63,792 shares in the last quarter. Cadence Capital Management LLC grew its position in shares of Unum Group by 15.8% during the 3rd quarter. Cadence Capital Management LLC now owns 9,314 shares of the financial services provider’s stock worth $476,000 after purchasing an additional 1,272 shares in the last quarter. Dai Ichi Life Insurance Company Ltd acquired a new position in shares of Unum Group during the 3rd quarter worth approximately $205,000. Nuance Investments LLC acquired a new position in shares of Unum Group during the 3rd quarter worth approximately $7,265,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Unum Group by 8.3% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,354 shares of the financial services provider’s stock worth $938,000 after purchasing an additional 1,399 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.
UNM has been the topic of a number of analyst reports. Morgan Stanley increased their target price on shares of Unum Group from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Unum Group from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Wednesday, September 6th. SunTrust Banks restated a “buy” rating and set a $62.00 target price on shares of Unum Group in a research report on Friday, October 27th. ValuEngine upgraded shares of Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, BidaskClub downgraded shares of Unum Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $53.27.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, topping 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 firm posted $1.01 EPS. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. equities analysts predict that Unum Group will post 4.23 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Monday, October 30th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend was Friday, October 27th. Unum Group’s dividend payout ratio (DPR) is presently 21.60%.
In related news, 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 value of $199,929.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christopher J. Jerome sold 7,849 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $53.24, for a total transaction of $417,880.76. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.
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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.
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