Market News

As Penske Automotive Group (PAG) Stock Value Declined, Pacific Global Investment Management Company Has Boosted Holding by $954,899; Pitcairn Company Has Lowered Unum Group (UNM) Position by $336,150 as Share Price Declined

Unum Group (NYSE:UNM) Logo

Pitcairn Company decreased its stake in Unum Group (UNM) by 38.48% based on its latest 2017Q4 regulatory filing with the SEC. Pitcairn Company sold 6,225 shares as the company’s stock declined 13.36% with the market. The institutional investor held 9,953 shares of the accident &health insurance company at the end of 2017Q4, valued at $547,000, down from 16,178 at the end of the previous reported quarter. Pitcairn Company who had been investing in Unum Group for a number of months, seems to be less bullish one the $10.81B market cap company. The stock increased 0.31% or $0.15 during the last trading session, reaching $48.88. About 1.67 million shares traded. Unum Group (NYSE:UNM) has risen 4.49% since April 21, 2017 and is uptrending. It has underperformed by 7.06% the S&P500.

Pacific Global Investment Management Company increased its stake in Penske Automotive Group Inc (PAG) by 47.47% based on its latest 2017Q4 regulatory filing with the SEC. Pacific Global Investment Management Company bought 20,317 shares as the company’s stock declined 11.64% with the market. The institutional investor held 63,121 shares of the consumer durables company at the end of 2017Q4, valued at $3.02M, up from 42,804 at the end of the previous reported quarter. Pacific Global Investment Management Company who had been investing in Penske Automotive Group Inc for a number of months, seems to be bullish on the $3.73B market cap company. The stock decreased 0.59% or $0.26 during the last trading session, reaching $43.9. About 448,202 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has declined 7.69% since April 21, 2017 and is downtrending. It has underperformed by 19.24% the S&P500.

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.21, from 0.85 in 2017Q3. It increased, as 16 investors sold UNM shares while 169 reduced holdings. 64 funds opened positions while 133 raised stakes. 197.64 million shares or 1.55% less from 200.74 million shares in 2017Q3 were reported. Fuller & Thaler Asset Mngmt reported 0% of its portfolio in Unum Group (NYSE:UNM). Mai Cap holds 0.02% or 5,746 shares in its portfolio. Lingohr Partner Asset Management Gmbh reported 29,300 shares. Hennessy Advsrs Inc holds 80,300 shares. Systematic Financial Limited Partnership stated it has 0.47% in Unum Group (NYSE:UNM). 57,092 are held by Comerica National Bank. Farmers Co invested 1.22% of its portfolio in Unum Group (NYSE:UNM). Jpmorgan Chase And invested in 0.08% or 6.53M shares. Trexquant Investment Lp stated it has 36,911 shares. Stifel Fincl Corp has invested 0% of its portfolio in Unum Group (NYSE:UNM). Cranbrook Wealth Management Ltd Liability Com holds 0.02% of its portfolio in Unum Group (NYSE:UNM) for 1,082 shares. Art Advisors Limited Liability Co accumulated 33,100 shares. Guardian Life Insur Of America reported 0.01% of its portfolio in Unum Group (NYSE:UNM). Aviva Public Ltd Company has 125,138 shares for 0.04% of their portfolio. Agf Invs America has invested 0.9% in Unum Group (NYSE:UNM).

Analysts await Unum Group (NYSE:UNM) to report earnings on May, 1 after the close. They expect $1.24 earnings per share, up 21.57% or $0.22 from last year’s $1.02 per share. UNM’s profit will be $274.26M for 9.85 P/E if the $1.24 EPS becomes a reality. After $1.13 actual earnings per share reported by Unum Group for the previous quarter, Wall Street now forecasts 9.73% EPS growth.

Since December 14, 2017, it had 0 insider purchases, and 6 insider sales for $1.52 million activity. IGLESIAS LISA G sold $463,807 worth of stock. 1,435 Unum Group (NYSE:UNM) shares with value of $75,134 were sold by Waxenberg Daniel Jason. The insider McGarry John F sold $266,976. The insider Simonds Michael Q sold $260,450. Arnold Timothy Gerald had sold 1,000 shares worth $55,070.

Pitcairn Company, which manages about $1.00 billion US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 2,475 shares to 51,393 shares, valued at $8.70M in 2017Q4, according to the filing. It also increased its holding in Vanguard Index Fds (VTI) by 2,402 shares in the quarter, for a total of 51,454 shares, and has risen its stake in Bwx Technologies Inc.

Among 16 analysts covering Unum Group (NYSE:UNM), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Unum Group had 44 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Unum Group (NYSE:UNM) has “Outperform” rating given on Thursday, July 30 by RBC Capital Markets. RBC Capital Markets maintained Unum Group (NYSE:UNM) on Thursday, February 1 with “Hold” rating. The firm has “Hold” rating given on Monday, October 9 by RBC Capital Markets. RBC Capital Markets maintained Unum Group (NYSE:UNM) on Friday, July 28 with “Hold” rating. Goldman Sachs downgraded Unum Group (NYSE:UNM) on Friday, July 15 to “Sell” rating. On Thursday, October 5 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was initiated by Credit Suisse with “Neutral” on Friday, October 7. The stock of Unum Group (NYSE:UNM) earned “Neutral” rating by B. Riley & Co on Monday, November 6. Citigroup initiated the shares of UNM in report on Thursday, January 26 with “Buy” rating. Keefe Bruyette & Woods maintained the shares of UNM in report on Thursday, August 31 with “Hold” rating.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.20, from 1.28 in 2017Q3. It dived, as 27 investors sold PAG shares while 65 reduced holdings. 32 funds opened positions while 67 raised stakes. 34.38 million shares or 0.09% more from 34.35 million shares in 2017Q3 were reported. Opus Capital Ltd Llc stated it has 0.65% in Penske Automotive Group, Inc. (NYSE:PAG). Hsbc Holdings Public Limited Liability Co has invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). Riverhead Capital Limited Liability Com owns 800 shares. Ubs Asset Mngmt Americas Incorporated holds 37,637 shares. First Advsrs LP holds 0.02% in Penske Automotive Group, Inc. (NYSE:PAG) or 173,240 shares. Voya Inv Mngmt Ltd Com holds 0% or 9,619 shares. State Common Retirement Fund has invested 0.01% in Penske Automotive Group, Inc. (NYSE:PAG). 524,140 are held by Gamco Et Al. Sei Investments Communication holds 21,243 shares. 277,066 are held by Bruni J V. Deutsche State Bank Ag holds 0.01% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 251,978 shares. Bluemountain Cap Llc has invested 0.03% in Penske Automotive Group, Inc. (NYSE:PAG). Alliancebernstein Lp holds 17,600 shares or 0% of its portfolio. Edmp reported 41,595 shares. 49,478 were reported by Eaton Vance.

Since March 27, 2018, it had 0 insider buys, and 1 sale for $50.00 million activity.

Pacific Global Investment Management Company, which manages about $700.64M and $460.76M US Long portfolio, decreased its stake in Rush Enterprises Inc (A) (NASDAQ:RUSHA) by 8,520 shares to 60,420 shares, valued at $3.07M in 2017Q4, according to the filing. It also reduced its holding in Mobile Mini Inc (NASDAQ:MINI) by 14,130 shares in the quarter, leaving it with 88,325 shares, and cut its stake in Darling Ingredients Inc (NYSE:DAR).

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *