Advisor Group Inc. lifted its holdings in shares of Unum Group (NYSE:UNM) by 46.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,873 shares of the financial services provider’s stock after buying an additional 4,735 shares during the period. Advisor Group Inc.’s holdings in Unum Group were worth $437,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in UNM. Stanley Laman Group Ltd. raised its stake in Unum Group by 2.4% in the 4th quarter. Stanley Laman Group Ltd. now owns 14,983 shares of the financial services provider’s stock valued at $440,000 after purchasing an additional 347 shares during the last quarter. Creative Planning grew its holdings in Unum Group by 3.5% in the 4th quarter. Creative Planning now owns 10,879 shares of the financial services provider’s stock valued at $320,000 after buying an additional 368 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Unum Group by 6.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 8,243 shares of the financial services provider’s stock valued at $242,000 after buying an additional 500 shares in the last quarter. Relative Value Partners Group LLC grew its holdings in Unum Group by 7.4% in the 4th quarter. Relative Value Partners Group LLC now owns 7,250 shares of the financial services provider’s stock valued at $213,000 after buying an additional 500 shares in the last quarter. Finally, OLD Second National Bank of Aurora grew its holdings in Unum Group by 0.7% in the 4th quarter. OLD Second National Bank of Aurora now owns 77,154 shares of the financial services provider’s stock valued at $2,267,000 after buying an additional 533 shares in the last quarter. 92.47% of the stock is owned by institutional investors and hedge funds.

Several analysts have issued reports on UNM shares. JPMorgan Chase & Co. dropped their target price on Unum Group from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, January 2nd. Zacks Investment Research cut Unum Group from a “buy” rating to a “hold” rating in a report on Monday, December 31st. Finally, TheStreet upgraded Unum Group from a “c+” rating to a “b” rating in a report on Friday, March 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $51.55.

NYSE UNM opened at $33.28 on Tuesday. The firm has a market cap of $7.16 billion, a PE ratio of 6.40, a price-to-earnings-growth ratio of 0.68 and a beta of 1.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.17 and a quick ratio of 0.17. Unum Group has a twelve month low of $26.76 and a twelve month high of $49.33.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, February 5th. The financial services provider reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.01). The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a return on equity of 12.69% and a net margin of 4.51%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.13 earnings per share. As a group, equities analysts expect that Unum Group will post 5.49 earnings per share for the current year.

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About Unum Group

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

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