Unum Group (NYSE:UNM) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in Unum Group (NYSE:UNM) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,355 shares of the financial services provider’s stock after selling 328 shares during the period. Yousif Capital Management LLC’s holdings in Unum Group were worth $4,041,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Caprock Group LLC boosted its stake in Unum Group by 3.0% in the fourth quarter. Caprock Group LLC now owns 8,004 shares of the financial services provider’s stock valued at $362,000 after acquiring an additional 230 shares during the period. United Services Automobile Association boosted its stake in Unum Group by 1.9% in the third quarter. United Services Automobile Association now owns 12,530 shares of the financial services provider’s stock valued at $616,000 after acquiring an additional 239 shares during the period. Private Trust Co. NA boosted its stake in Unum Group by 12.0% in the fourth quarter. Private Trust Co. NA now owns 2,385 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 255 shares during the period. Savant Capital LLC boosted its stake in Unum Group by 3.5% in the third quarter. Savant Capital LLC now owns 7,927 shares of the financial services provider’s stock valued at $390,000 after acquiring an additional 266 shares during the period. Finally, Wedmont Private Capital boosted its position in shares of Unum Group by 6.3% during the fourth quarter. Wedmont Private Capital now owns 4,655 shares of the financial services provider’s stock worth $213,000 after buying an additional 274 shares during the period. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Unum Group Stock Performance

UNM opened at $50.75 on Friday. The firm has a market cap of $9.74 billion, a PE ratio of 7.82, a P/E/G ratio of 1.03 and a beta of 0.87. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $51.30 and a 200-day simple moving average of $47.68. Unum Group has a fifty-two week low of $40.04 and a fifty-two week high of $54.57.

Unum Group (NYSE:UNM) last released its earnings results on Tuesday, January 30th. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.07). The business had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Unum Group had a net margin of 10.36% and a return on equity of 16.03%. Unum Group’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.43 EPS. As a group, equities analysts predict that Unum Group will post 8.18 EPS for the current fiscal year.

Unum Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, April 26th will be issued a $0.365 dividend. The ex-dividend date of this dividend is Thursday, April 25th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.88%. Unum Group’s payout ratio is currently 22.50%.

Insider Activity

In other news, CFO Steven Andrew Zabel sold 10,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $51.06, for a total value of $510,600.00. Following the completion of the sale, the chief financial officer now owns 122,246 shares in the company, valued at $6,241,880.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Richard P. Mckenney sold 50,000 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $49.15, for a total transaction of $2,457,500.00. Following the completion of the sale, the chief executive officer now directly owns 1,076,753 shares in the company, valued at $52,922,409.95. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Steven Andrew Zabel sold 10,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $51.06, for a total value of $510,600.00. Following the sale, the chief financial officer now owns 122,246 shares of the company’s stock, valued at $6,241,880.76. The disclosure for this sale can be found here. Insiders sold 81,000 shares of company stock worth $4,018,100 over the last quarter. Corporate insiders own 0.93% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group boosted their price objective on Unum Group from $47.00 to $52.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. Wells Fargo & Company boosted their price objective on Unum Group from $64.00 to $66.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. increased their price target on Unum Group from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Morgan Stanley increased their price target on Unum Group from $50.00 to $52.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. Finally, StockNews.com raised Unum Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 31st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $56.38.

Unum Group Profile

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