Brokerages Set Unum Group (UNM) Target Price at $52.44

Unum Group (NYSE:UNM) has been assigned an average rating of “Hold” from the twelve brokerages that are covering the stock, reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $52.44.

UNM has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their target price on Unum Group from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 2nd. Zacks Investment Research lowered Unum Group from a “buy” rating to a “hold” rating in a research report on Monday, December 31st. Finally, TheStreet raised Unum Group from a “c+” rating to a “b” rating in a research report on Friday, March 8th.

NYSE:UNM traded up $0.24 during mid-day trading on Friday, hitting $34.95. The company had a trading volume of 37,142 shares, compared to its average volume of 1,905,890. 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 1 year low of $26.76 and a 1 year high of $49.33. The firm has a market capitalization of $7.45 billion, a PE ratio of 6.68, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, February 5th. The financial services provider reported $1.30 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.01). Unum Group had a net margin of 4.51% and a return on equity of 12.69%. The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same period last year, the business earned $1.13 earnings per share. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. Equities analysts anticipate that Unum Group will post 5.48 EPS for the current year.

Large investors have recently bought and sold shares of the stock. Prime Capital Investment Advisors LLC acquired a new position in Unum Group in the fourth quarter worth about $25,000. We Are One Seven LLC acquired a new position in Unum Group in the fourth quarter valued at approximately $29,000. CSat Investment Advisory L.P. boosted its stake in Unum Group by 81.4% in the fourth quarter. CSat Investment Advisory L.P. now owns 1,288 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 578 shares during the period. Stamos Capital Partners L.P. acquired a new position in shares of Unum Group during the fourth quarter worth approximately $60,000. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Unum Group by 3,369.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,096,410 shares of the financial services provider’s stock worth $71,000 after buying an additional 2,035,983 shares during the period. Institutional investors and hedge funds own 92.47% of the company’s stock.

Unum Group Company Profile

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.

Further Reading: How analysts view the yield curve

Analyst Recommendations for Unum Group (NYSE:UNM)

Receive News & Ratings for Unum Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unum Group and related companies with's FREE daily email newsletter.