Nwq Investment Management Company LLC Has Cut Its Unum Group (UNM) Holding by $21.73 Million

November 14, 2017 - By Marie Mckinney

Investors sentiment decreased to 0.84 in 2017 Q2. Its down 0.03, from 0.87 in 2017Q1. It turned negative, as 36 investors sold UNM shares while 173 reduced holdings. 49 funds opened positions while 127 raised stakes. 205.07 million shares or 1.88% less from 209.00 million shares in 2017Q1 were reported. Kemnay Advisory Service Inc reported 0.47% stake. Focused Wealth Management Incorporated accumulated 28 shares or 0% of the stock. Patten Patten Tn reported 131,800 shares. American Century Cos has invested 0.16% in Unum Group (NYSE:UNM). Ftb Advisors holds 0.53% or 102,309 shares. Bridgeway Mgmt Inc accumulated 34,500 shares or 0.02% of the stock. Jpmorgan Chase reported 7.04 million shares stake. Moreover, Grantham Mayo Van Otterloo And Communication Limited Com has 0.03% invested in Unum Group (NYSE:UNM). British Columbia Mgmt Corporation reported 98,208 shares stake. Texas Yale Capital Corporation, Florida-based fund reported 24,425 shares. 12,691 are held by First Midwest Natl Bank Trust Division. Cornerstone Inv Prns Ltd Limited Liability Company, Georgia-based fund reported 35,021 shares. Moreover, Washington Natl Bank has 0.04% invested in Unum Group (NYSE:UNM) for 4,208 shares. Pub Employees Retirement Association Of Colorado has 0.02% invested in Unum Group (NYSE:UNM) for 47,677 shares. Thompson Siegel & Walmsley holds 0% or 730 shares in its portfolio.

Nwq Investment Management Company Llc decreased its stake in Unum Group (UNM) by 14.94% based on its latest 2017Q2 regulatory filing with the SEC. Nwq Investment Management Company Llc sold 472,480 shares as the company’s stock declined 6.23% while stock markets rallied. The institutional investor held 2.69M shares of the accident &health insurance company at the end of 2017Q2, valued at $125.42M, down from 3.16M at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Unum Group for a number of months, seems to be less bullish one the $11.85B market cap company. The stock declined 0.06% or $0.03 reaching $52.79 per share. About 597,421 shares traded. Unum Group (NYSE:UNM) has risen 29.60% since November 14, 2016 and is uptrending. It has outperformed by 12.90% the S&P500.

Nwq Investment Management Company Llc, which manages about $13.77 billion and $7.23B US Long portfolio, upped its stake in Hess Corp (NYSE:HES) by 164,697 shares to 2.19M shares, valued at $95.93M in 2017Q2, according to the filing. It also increased its holding in Harley Davidson Inc (NYSE:HOG) by 205,333 shares in the quarter, for a total of 327,325 shares, and has risen its stake in Synchrony Finl (NYSE:SYF).

Analysts await Unum Group (NYSE:UNM) to report earnings on February, 7. They expect $1.07 earnings per share, up 7.00 % or $0.07 from last year’s $1 per share. UNM’s profit will be $240.19M for 12.33 P/E if the $1.07 EPS becomes a reality. After $1.09 actual earnings per share reported by Unum Group for the previous quarter, Wall Street now forecasts -1.83 % negative EPS growth.

More important recent Unum Group (NYSE:UNM) news were published by: Timesfreepress.com which released: “Unum reports higher income; beats expectations” on October 26, 2017, also Nasdaq.com published article titled: “Unum Group (UNM) Q3 Earnings Beat Estimates, Revenues Meet”, Streetinsider.com published: “FBR Capital Upgrades Unum Group (UNM) to Neutral” on November 06, 2017. More interesting news about Unum Group (NYSE:UNM) was released by: Finance.Yahoo.com and their article: “Will Soft Unum UK Drag Unum Group’s (UNM) Q3 Earnings?” with publication date: October 23, 2017.

Unum Group (NYSE:UNM) Ratings Coverage

Among 15 analysts covering Unum Group (NYSE:UNM), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Unum Group has $62.0 highest and $30 lowest target. $48.55’s average target is -8.03% below currents $52.79 stock price. Unum Group had 34 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 26 by SunTrust. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, September 5. B. Riley & Co upgraded the shares of UNM in report on Monday, November 6 to “Neutral” rating. The rating was maintained by RBC Capital Markets with “Hold” on Monday, October 9. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, November 10 report. RBC Capital Markets maintained the stock with “Hold” rating in Monday, July 10 report. The company was downgraded on Wednesday, June 29 by Bank of America. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, October 5. Compass Point downgraded the shares of UNM in report on Monday, November 28 to “Neutral” rating. RBC Capital Markets downgraded Unum Group (NYSE:UNM) on Friday, December 9 to “Sector Perform” rating.

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