Keefe, Bruyette & Woods reaffirmed their hold rating on shares of Unum Group (NYSE:UNM) in a report issued on Friday. Keefe, Bruyette & Woods currently has a $53.00 price target on the financial services provider’s stock.

Several other equities analysts have also weighed in on the stock. B. Riley raised shares of Unum Group from a sell rating to a neutral rating and lifted their target price for the company from $43.00 to $52.00 in a report on Monday, November 6th. Royal Bank Of Canada reaffirmed a hold rating and set a $52.00 target price on shares of Unum Group in a report on Friday, October 27th. SunTrust Banks, Inc. reaffirmed a buy rating and set a $62.00 target price on shares of Unum Group in a report on Friday, October 27th. Wells Fargo & Company set a $48.00 target price on shares of Unum Group and gave the company a hold rating in a report on Wednesday, October 25th. Finally, Goldman Sachs Group, Inc. (The) assumed coverage on shares of Unum Group in a report on Wednesday, October 18th. They set a sell rating and a $48.00 target price for the company. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Hold and a consensus target price of $51.38.

Unum Group (NYSE:UNM) opened at $52.82 on Friday. Unum Group has a 1 year low of $40.90 and a 1 year high of $53.36. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.17 and a current ratio of 0.17. The stock has a market cap of $11,762.48, a P/E ratio of 12.60, a price-to-earnings-growth ratio of 1.77 and a beta of 1.65.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. The company had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.82 billion. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. Unum Group’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $1.01 EPS. equities analysts predict that Unum Group will post 4.24 earnings per share for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Monday, October 30th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, October 27th. This represents a $0.92 annualized dividend and a yield of 1.74%. Unum Group’s dividend payout ratio (DPR) is presently 21.60%.

In other Unum Group news, Director E Michael Caulfield sold 3,814 shares of Unum Group stock in a transaction on Monday, October 30th. The shares were sold at an average price of $52.42, for a total transaction of $199,929.88. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.53% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Gotham Asset Management LLC boosted its position in shares of Unum Group by 0.8% during the 2nd quarter. Gotham Asset Management LLC now owns 4,475 shares of the financial services provider’s stock valued at $209,000 after acquiring an additional 35 shares during the last quarter. Quantum Capital Management boosted its position in shares of Unum Group by 0.4% during the 2nd quarter. Quantum Capital Management now owns 15,174 shares of the financial services provider’s stock valued at $708,000 after acquiring an additional 54 shares during the last quarter. HM Payson & Co. boosted its position in shares of Unum Group by 0.5% during the 2nd quarter. HM Payson & Co. now owns 12,527 shares of the financial services provider’s stock valued at $584,000 after acquiring an additional 62 shares during the last quarter. Honkamp Krueger Financial Services Inc. boosted its position in shares of Unum Group by 0.3% during the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 26,338 shares of the financial services provider’s stock valued at $1,228,000 after acquiring an additional 81 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in shares of Unum Group by 0.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 100 shares during the last quarter. 92.31% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Unum Group (NYSE:UNM)

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