Brandywine Global Investment Management LLC lowered its position in shares of Unum Group (NYSE:UNM) by 0.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 311,215 shares of the financial services provider’s stock after selling 202 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.14% of Unum Group worth $14,512,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Russell Investments Group Ltd. raised its position in shares of Unum Group by 16.1% during the 1st quarter. Russell Investments Group Ltd. now owns 86,389 shares of the financial services provider’s stock worth $4,050,000 after purchasing an additional 11,977 shares during the period. UBS Asset Management Americas Inc. raised its position in shares of Unum Group by 6.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 664,844 shares of the financial services provider’s stock worth $31,175,000 after purchasing an additional 38,887 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of Unum Group by 11.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 10,171 shares of the financial services provider’s stock worth $477,000 after purchasing an additional 1,081 shares during the period. Pacer Advisors Inc. raised its position in shares of Unum Group by 3.2% during the 1st quarter. Pacer Advisors Inc. now owns 4,366 shares of the financial services provider’s stock worth $205,000 after purchasing an additional 134 shares during the period. Finally, Stifel Financial Corp acquired a new stake in shares of Unum Group during the 1st quarter worth approximately $1,235,000. Hedge funds and other institutional investors own 92.34% of the company’s stock.

A number of brokerages have recently weighed in on UNM. SunTrust Banks, Inc. reiterated a “buy” rating and set a $58.00 price target on shares of Unum Group in a research report on Wednesday. BidaskClub upgraded Unum Group from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research cut Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Barclays PLC increased their price target on Unum Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday, August 11th. Finally, Wells Fargo & Company reiterated a “hold” rating on shares of Unum Group in a research report on Sunday, July 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Unum Group has an average rating of “Hold” and a consensus target price of $49.56.

Unum Group (UNM) opened at 51.13 on Friday. The company has a 50-day moving average price of $48.82 and a 200-day moving average price of $47.20. The company has a market capitalization of $11.54 billion, a price-to-earnings ratio of 12.31 and a beta of 1.57. Unum Group has a one year low of $33.98 and a one year high of $51.43.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Thursday, July 27th. The financial services provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. Unum Group had a net margin of 8.57% and a return on equity of 10.23%. The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the company earned $1.00 earnings per share. Equities research analysts anticipate that Unum Group will post $4.17 EPS for the current year.

In other news, Director Pamela H. Godwin sold 2,500 shares of Unum Group stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.71, for a total value of $126,775.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gloria C. Larson sold 2,460 shares of Unum Group stock in a transaction that occurred on 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. 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.

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

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