Auxier Asset Management Has $3,655,000 Holdings in Unum Group (UNM)
Auxier Asset Management held its position in Unum Group (NYSE:UNM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,389 shares of the financial services provider’s stock at the end of the 2nd quarter. Auxier Asset Management’s holdings in Unum Group were worth $3,655,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the company. Cambridge Financial Group Inc. boosted its position in shares of Unum Group by 2.5% in the 2nd quarter. Cambridge Financial Group Inc. now owns 120,798 shares of the financial services provider’s stock worth $5,633,000 after purchasing an additional 2,918 shares in the last quarter. Koch Industries Inc. acquired a new stake in shares of Unum Group in the 2nd quarter worth $209,000. Piedmont Investment Advisors LLC boosted its position in shares of Unum Group by 3.6% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 27,106 shares of the financial services provider’s stock worth $1,264,000 after purchasing an additional 937 shares in the last quarter. Kalos Management Inc. boosted its position in shares of Unum Group by 0.5% in the 2nd quarter. Kalos Management Inc. now owns 56,270 shares of the financial services provider’s stock worth $2,623,000 after purchasing an additional 274 shares in the last quarter. Finally, BB&T Investment Services Inc. acquired a new stake in shares of Unum Group in the 2nd quarter worth $100,000. 92.34% of the stock is owned by hedge funds and other institutional investors.
Shares of Unum Group (NYSE UNM) traded down 0.08% during trading on Friday, reaching $51.97. The company had a trading volume of 1,001,174 shares. Unum Group has a 1-year low of $34.83 and a 1-year high of $52.75. The firm has a 50-day moving average of $49.80 and a 200 day moving average of $47.69. The firm has a market capitalization of $11.73 billion, a PE ratio of 12.52 and a beta of 1.59.
Unum Group (NYSE:UNM) last released its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. Unum Group had a net margin of 8.57% and a return on equity of 10.23%. The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Analysts expect that Unum Group will post $4.17 earnings per share for the current year.
UNM has been the subject of a number of recent analyst reports. Morgan Stanley raised their price objective on 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 raised Unum Group from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Wednesday, September 6th. BidaskClub cut Unum Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. ValuEngine raised Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Wells Fargo & Company reissued a “hold” rating on shares of Unum Group in a research report on Sunday, July 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $51.33.
In other news, Director Pamela H. Godwin sold 2,500 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $50.71, for a total value of $126,775.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gloria C. Larson sold 2,460 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $50.23, for a total transaction of $123,565.80. 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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