Shares of Unum Group (NYSE:UNM) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $31.43 and last traded at $31.98, with a volume of 171063 shares traded. The stock had previously closed at $33.61.

Several equities analysts have commented on UNM shares. TheStreet downgraded shares of Unum Group from a “b-” rating to a “c+” rating in a report on Wednesday, October 24th. Zacks Investment Research upgraded shares of Unum Group from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Friday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $53.08.

The firm has a market cap of $7.35 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 0.72 and a beta of 1.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.18 and a current ratio of 0.18.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Wednesday, October 24th. The financial services provider reported $1.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.08. Unum Group had a net margin of 4.68% and a return on equity of 12.06%. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.89 billion. As a group, equities research analysts expect that Unum Group will post 5.22 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 16th. Shareholders of record on Monday, October 29th were issued a $0.26 dividend. The ex-dividend date was Friday, October 26th. This represents a $1.04 annualized dividend and a dividend yield of 3.21%. Unum Group’s dividend payout ratio is currently 24.24%.

Several large investors have recently added to or reduced their stakes in UNM. Cornerstone Wealth Management LLC acquired a new position in shares of Unum Group in the second quarter valued at about $583,000. Aperio Group LLC grew its stake in shares of Unum Group by 3.3% in the second quarter. Aperio Group LLC now owns 244,348 shares of the financial services provider’s stock valued at $9,038,000 after acquiring an additional 7,911 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Unum Group by 6.9% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 763,401 shares of the financial services provider’s stock valued at $28,238,000 after acquiring an additional 49,393 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Unum Group by 32.4% in the second quarter. Wells Fargo & Company MN now owns 800,902 shares of the financial services provider’s stock valued at $29,625,000 after acquiring an additional 195,950 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Unum Group by 17.9% in the second quarter. Assetmark Inc. now owns 11,885 shares of the financial services provider’s stock valued at $440,000 after acquiring an additional 1,803 shares in the last quarter. Hedge funds and other institutional investors own 90.38% of the company’s stock.

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Unum Group Company Profile (NYSE:UNM)

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

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