Thompson Investment Management Inc. trimmed its holdings in shares of Unum Group (NYSE:UNM) by 4.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 9,175 shares of the financial services provider’s stock after selling 405 shares during the quarter. Thompson Investment Management Inc.’s holdings in Unum Group were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prime Capital Investment Advisors LLC acquired a new stake in Unum Group during the 4th quarter valued at approximately $25,000. CWM LLC lifted its stake in Unum Group by 68.3% during the 1st quarter. CWM LLC now owns 737 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 299 shares during the period. We Are One Seven LLC acquired a new stake in Unum Group during the 4th quarter valued at approximately $29,000. CSat Investment Advisory L.P. lifted its stake in Unum Group by 81.4% during the 4th quarter. CSat Investment Advisory L.P. now owns 1,288 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 578 shares during the period. Finally, Stamos Capital Partners L.P. acquired a new stake in Unum Group during the 4th quarter valued at approximately $60,000. Institutional investors and hedge funds own 93.18% of the company’s stock.

UNM opened at $35.87 on Thursday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.34. Unum Group has a 1 year low of $26.76 and a 1 year high of $49.24. The firm has a market capitalization of $7.85 billion, a P/E ratio of 6.90, a PEG ratio of 0.75 and a beta of 1.46.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, February 5th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.01). Unum Group had a net margin of 4.51% and a return on equity of 12.69%. The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.91 billion. During the same quarter in the prior year, the firm earned $1.13 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. As a group, equities research analysts forecast that Unum Group will post 5.46 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, April 29th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Friday, April 26th. Unum Group’s dividend payout ratio is currently 20.00%.

Several brokerages have commented on UNM. Zacks Investment Research cut shares of Unum Group from a “hold” rating to a “sell” rating in a research note on Friday, April 12th. TheStreet upgraded shares of Unum Group from a “c+” rating to a “b” rating in a research note on Friday, March 8th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Unum Group from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, January 2nd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Unum Group presently has an average rating of “Hold” and a consensus target price of $49.75.

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About Unum Group

Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. 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.

Further Reading: Fiduciary

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

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