In today’s session Unum Group (UNM) registered an unusually high (606) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious UNM increase. With 606 contracts traded and 7094 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: UNM161216C00038000 closed last at: $5.2 or 7.1% down. The stock increased 1.03% or $0.44 on November 23, hitting $43.04. About 1.39 million shares traded hands. Unum Group (NYSE:UNM) has risen 26.89% since April 22, 2016 and is uptrending. It has outperformed by 21.48% the S&P500.
Analysts await Unum Group (NYSE:UNM) to report earnings on February, 7. They expect $0.97 EPS, up 2.11% or $0.02 from last year’s $0.95 per share. UNM’s profit will be $225.37 million for 11.09 P/E if the $0.97 EPS becomes a reality. After $0.99 actual EPS reported by Unum Group for the previous quarter, Wall Street now forecasts -2.02% negative EPS growth.
Unum Group (NYSE:UNM) Ratings Coverage
Out of 7 analysts covering Unum Group (NYSE:UNM), 3 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 43% are positive. Unum Group has been the topic of 15 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was initiated by Credit Suisse on Friday, October 7 with “Neutral”. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, November 15. On Thursday, December 3 the stock rating was downgraded by Bank of America to “Neutral”. As per Thursday, April 28, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, July 30 report. RBC Capital Markets maintained Unum Group (NYSE:UNM) on Wednesday, February 3 with “Outperform” rating. Deutsche Bank maintained it with “Hold” rating and $39 target price in Friday, July 31 report. The stock has “Sell” rating given by Goldman Sachs on Friday, July 15. The stock of Unum Group (NYSE:UNM) earned “Market Perform” rating by Wells Fargo on Friday, September 23. On Wednesday, June 29 the stock rating was downgraded by Bank of America to “Underperform”.
According to Zacks Investment Research, “UnumProvident is the industry leader in disability income protection and one of the top providers of supplemental benefits in the nation. The company’s subsidiaries offer comprehensive insurance solutions to help protect against the financial effects of accident, illness or death. Below are the countries in which we operate, and the companies that offer products in each country.”
Insitutional Activity: The institutional sentiment decreased to 0.81 in Q2 2016. Its down 0.32, from 1.13 in 2016Q1. The ratio fall, as 23 funds sold all Unum Group shares owned while 148 reduced positions. 56 funds bought stakes while 138 increased positions. They now own 215.33 million shares or 4.62% less from 225.76 million shares in 2016Q1.
Trexquant Inv Lp holds 0.47% of its portfolio in Unum Group (NYSE:UNM) for 113,569 shares. Hanson Doremus Invest Mgmt holds 17,552 shares or 0.25% of its portfolio. Amica Pension Fund Board Of Trustees last reported 10,329 shares in the company. Janus Cap Mgmt Ltd Liability has invested 0% of its portfolio in Unum Group (NYSE:UNM). Ontario Teachers Pension Plan Board accumulated 0.04% or 121,459 shares. Herndon Capital Ltd Liability Company has invested 0% of its portfolio in Unum Group (NYSE:UNM). Old Mutual Customised Solutions (Proprietary) Limited has 0.04% invested in the company for 5,200 shares. Ubs Asset Mngmt Americas, a Illinois-based fund reported 640,515 shares. Royal London Asset Mngmt last reported 0.04% of its portfolio in the stock. Moreover, Meiji Yasuda Life Insur Company has 0.06% invested in Unum Group (NYSE:UNM) for 11,150 shares. Moreover, Franklin Resource has 0% invested in Unum Group (NYSE:UNM) for 59,782 shares. Babson Capital Ltd Llc reported 75,366 shares or 0.06% of all its holdings. Tcw Gru accumulated 17,450 shares or 0% of the stock. Dekabank Deutsche Girozentrale accumulated 0.3% or 848,737 shares. Brandywine Glob Invest Management Ltd Liability Corp last reported 0.06% of its portfolio in the stock.
Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 4 sales for $2.42 million net activity. Another trade for 8,000 shares valued at $331,930 was made by Jerome Christopher J on Monday, November 14. $59,179 worth of Unum Group (NYSE:UNM) shares were sold by Arnold Timothy Gerald. The insider WATJEN THOMAS R sold $1.33 million. Another trade for 16,983 shares valued at $698,681 was made by McGarry John F on Tuesday, November 15.
Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The company has a market cap of $10.00 billion. The Firm provides a portfolio of other insurance products, including employer and employee paid group benefits, life insurance and other related services. It has a 11.29 P/E ratio. The Company’s divisions are Unum US, Unum UK, Colonial Life, Closed Block and Corporate.
UNM Company Profile
Unum Group, incorporated on March 22, 1995, is a well-known provider of disability insurance products in the United States and the United Kingdom. The Firm also provides a portfolio of other insurance products, including employer and employee paid group benefits, life insurance and other related services. The Company’s divisions are Unum US, Unum UK, Colonial Life, Closed Block and Corporate.
Another recent and important Unum Group (NYSE:UNM) news was published by Zacks.com which published an article titled: “Unum Group (UNM) Q3 Earnings Beat Estimates, View Intact” on October 27, 2016.
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