California State Teachers Retirement System decreased its holdings in Unum Group (NYSE:UNM) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 382,652 shares of the financial services provider’s stock after selling 3,339 shares during the quarter. California State Teachers Retirement System owned about 0.19% of Unum Group worth $11,372,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Stanley Laman Group Ltd. lifted its position in shares of Unum Group by 2.5% during the 2nd quarter. Stanley Laman Group Ltd. now owns 15,315 shares of the financial services provider’s stock valued at $514,000 after acquiring an additional 380 shares during the period. Hartford Investment Management Co. grew its holdings in Unum Group by 1.5% in the third quarter. Hartford Investment Management Co. now owns 27,707 shares of the financial services provider’s stock valued at $823,000 after purchasing an additional 416 shares during the last quarter. Commerce Bank grew its holdings in Unum Group by 2.5% in the second quarter. Commerce Bank now owns 17,493 shares of the financial services provider’s stock valued at $587,000 after purchasing an additional 428 shares during the last quarter. Copperwynd Financial LLC increased its position in shares of Unum Group by 3.9% in the second quarter. Copperwynd Financial LLC now owns 11,662 shares of the financial services provider’s stock valued at $391,000 after buying an additional 433 shares in the last quarter. Finally, CSat Investment Advisory L.P. increased its position in shares of Unum Group by 55.8% in the second quarter. CSat Investment Advisory L.P. now owns 1,613 shares of the financial services provider’s stock valued at $54,000 after buying an additional 578 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

UNM opened at $28.94 on Wednesday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.32. The firm has a market cap of $6.29 billion, a P/E ratio of 5.57, a PEG ratio of 0.63 and a beta of 1.61. Unum Group has a 52 week low of $24.71 and a 52 week high of $38.29. The business’s fifty day simple moving average is $29.34 and its 200 day simple moving average is $30.29.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.01). Unum Group had a net margin of 8.89% and a return on equity of 12.31%. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same period in the previous year, the firm posted $1.37 EPS. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, equities analysts expect that Unum Group will post 5.41 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, October 28th were issued a dividend of $0.285 per share. The ex-dividend date of this dividend was Friday, October 25th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.94%. Unum Group’s dividend payout ratio (DPR) is presently 21.92%.

UNM has been the topic of several recent research reports. ValuEngine upgraded shares of Unum Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Barclays set a $36.00 target price on shares of Unum Group and gave the stock a “buy” rating in a research report on Monday, August 12th. Citigroup reduced their price target on shares of Unum Group from $37.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday, September 13th. DOWLING & PARTN reiterated a “buy” rating on shares of Unum Group in a research report on Monday, November 18th. Finally, Zacks Investment Research lowered shares of Unum Group from a “hold” rating to a “sell” rating and set a $32.00 price target on the stock. in a research report on Monday, November 11th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Unum Group presently has an average rating of “Hold” and a consensus target price of $36.40.

Unum Group Company Profile

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.

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

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