Roof Eidam Maycock Peralta LLC Has $508,000 Stock Holdings in Unum Group (NYSE:UNM)

Roof Eidam Maycock Peralta LLC boosted its stake in shares of Unum Group (NYSE:UNM) by 120.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,240 shares of the financial services provider’s stock after purchasing an additional 3,410 shares during the period. Roof Eidam Maycock Peralta LLC’s holdings in Unum Group were worth $508,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new position in Unum Group during the first quarter valued at approximately $35,000. Rossby Financial LCC acquired a new stake in Unum Group during the 1st quarter worth approximately $46,000. Wayfinding Financial LLC bought a new position in Unum Group during the 1st quarter worth $49,000. Cullen Frost Bankers Inc. increased its stake in Unum Group by 1,289.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 806 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 748 shares during the period. Finally, Manchester Capital Management LLC increased its stake in Unum Group by 95.4% during the 1st quarter. Manchester Capital Management LLC now owns 1,030 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 503 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on UNM. Morgan Stanley lifted their price target on Unum Group from $83.00 to $85.00 and gave the company an “equal weight” rating in a research note on Monday, July 14th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $95.00 price target (down previously from $100.00) on shares of Unum Group in a research note on Thursday, July 31st. Wells Fargo & Company cut their price objective on Unum Group from $105.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Barclays set a $96.00 price objective on Unum Group and gave the company an “overweight” rating in a report on Monday, July 7th. Finally, Piper Sandler raised their price objective on Unum Group from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, July 3rd. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.62.

Unum Group Stock Up 0.8%

Shares of UNM opened at $70.55 on Thursday. The company has a market capitalization of $12.02 billion, a PE ratio of 8.44, a PEG ratio of 1.13 and a beta of 0.40. Unum Group has a 12 month low of $52.65 and a 12 month high of $84.48. The stock’s 50-day moving average price is $79.08 and its two-hundred day moving average price is $78.39. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.31.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 29th. The financial services provider reported $2.07 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.16). The company had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.35 billion. Unum Group had a return on equity of 13.44% and a net margin of 11.77%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.16 earnings per share. On average, analysts anticipate that Unum Group will post 9.14 EPS for the current year.

Unum Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, July 25th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, July 25th. This is a boost from Unum Group’s previous quarterly dividend of $0.42. Unum Group’s dividend payout ratio (DPR) is presently 22.01%.

Unum Group Company Profile

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