Cornerstone Capital Management Holdings LLC. increased its position in Unum Group (NYSE:UNM) by 128.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 324,988 shares of the financial services provider’s stock after purchasing an additional 182,701 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.14% of Unum Group worth $16,615,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of UNM. Janus Henderson Group PLC raised its position in Unum Group by 8,280.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,062,519 shares of the financial services provider’s stock valued at $96,175,000 after buying an additional 2,037,909 shares during the last quarter. Prudential Financial Inc. raised its position in Unum Group by 30.5% in the 2nd quarter. Prudential Financial Inc. now owns 3,109,206 shares of the financial services provider’s stock valued at $144,982,000 after buying an additional 727,487 shares during the last quarter. Balyasny Asset Management LLC raised its position in Unum Group by 370.0% in the 2nd quarter. Balyasny Asset Management LLC now owns 874,161 shares of the financial services provider’s stock valued at $40,762,000 after buying an additional 688,176 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Unum Group by 2,958.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 637,002 shares of the financial services provider’s stock valued at $32,570,000 after buying an additional 616,171 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Unum Group by 21.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,944,398 shares of the financial services provider’s stock valued at $150,548,000 after buying an additional 515,351 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

In related news, EVP Christopher J. Jerome sold 7,849 shares of Unum Group stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $53.24, for a total value of $417,880.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director E Michael Caulfield sold 3,814 shares of Unum Group stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $52.42, for a total value of $199,929.88. The disclosure for this sale can be found here. Company insiders own 0.53% of the company’s stock.

A number of equities research analysts recently commented on the company. Zacks Investment Research lowered Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. BidaskClub lowered Unum Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 17th. Wells Fargo & Company set a $48.00 price target on Unum Group and gave the company a “hold” rating in a research report on Wednesday, October 25th. SunTrust Banks reissued a “buy” rating and issued a $62.00 price target on shares of Unum Group in a research report on Friday, October 27th. Finally, ValuEngine raised Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Unum Group currently has an average rating of “Hold” and a consensus target price of $53.27.

Shares of Unum Group (NYSE:UNM) traded up $0.70 during trading on Monday, hitting $57.49. The stock had a trading volume of 775,600 shares, compared to its average volume of 1,172,070. Unum Group has a 1 year low of $42.90 and a 1 year high of $57.50. The stock has a market cap of $12,900.13, a price-to-earnings ratio of 13.82, a PEG ratio of 1.94 and a beta of 1.66. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.29.

Unum Group (NYSE:UNM) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.05. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period last year, the firm posted $1.01 EPS. The business’s revenue was up 2.0% compared to the same quarter last year. equities analysts forecast that Unum Group will post 4.23 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Monday, October 30th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend was Friday, October 27th. Unum Group’s dividend payout ratio is presently 21.60%.

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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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