Unum Group (NYSE: UNM) is 29.70% higher on its value in year-to-date trading and has touched a low of $41.75 and a high of $58.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNM stock was last observed hovering at around $58.12 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $58.65, the stock is 5.10% and 7.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 0.91% at the moment leaves the stock 14.81% off its SMA200. UNM registered 18.70% gain for a year compared to 6-month gain of 9.30%. The firm has a 50-day simple moving average (SMA 50) of $54.8662 and a 200-day simple moving average (SMA200) of $51.15565.
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The stock witnessed a 6.19% loss in the last 1 month and extending the period to 3 months gives it a 14.75%, and is 2.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.57% over the week and 1.66% over the month.
Unum Group (UNM) has around 10812 employees, a market worth around $10.90B and $12.68B in sales. Current P/E ratio is 8.62 and Fwd P/E is 6.57. Profit margin for the company is 10.38%. Distance from 52-week low is 40.48% and -0.07% from its 52-week high. The company has generated returns on investments over the last 12 months (9.45%).
with sales reaching $3.26B over the same period.The EPS is expected to grow by 10.62% this year, but quarterly earnings will post 5.00% year-over-year. Quarterly sales are estimated to grow 5.40% in year-over-year returns.
Unum Group (UNM) Top Institutional Holders
768.0 institutions hold shares in Unum Group (UNM), with institutional investors hold 91.25% of the company’s shares. The shares outstanding are 193.37M, and float is at 184.17M with Short Float at 2.30%. Institutions hold 90.46% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.09 million shares valued at $1.03 billion. The investor’s holdings represent 10.4319% of the UNM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.33 million shares valued at $987.98 million to account for 10.0392 of the shares outstanding. The other top investors are FMR LLC which holds 16.27 million shares representing 8.4472% and valued at over $831.31 million, while NORGES BANK holds 7.6056 of the shares totaling 14.64 million with a market value of $748.48 million.
Unum Group (UNM) Insider Activity
The most recent transaction is an insider sale by McKenney Richard P, the company’s President and CEO. SEC filings show that McKenney Richard P sold 67,795 shares of the company’s common stock on Sep 05 ’24 at a price of $54.98 per share for a total of $3.73 million. Following the sale, the insider now owns 1.07 million shares.
Still, SEC filings show that on Aug 15 ’24, Pyne Christopher W (EVP, Group Benefits) disposed off 2,250 shares at an average price of $54.67 for $0.12 million. The insider now directly holds 54,012 shares of Unum Group (UNM).
