Zurcher Kantonalbank Zurich Cantonalbank Lowers Position in Unum Group $UNM

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in Unum Group (NYSE:UNM) by 81.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,338 shares of the financial services provider’s stock after selling 343,703 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Unum Group were worth $5,994,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. OneDigital Investment Advisors LLC raised its holdings in shares of Unum Group by 4.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 141 shares in the last quarter. True Wealth Design LLC raised its holdings in shares of Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 156 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Unum Group by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider’s stock valued at $3,813,000 after acquiring an additional 160 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC raised its holdings in shares of Unum Group by 1.2% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock valued at $1,066,000 after acquiring an additional 165 shares in the last quarter. Finally, Savant Capital LLC raised its holdings in shares of Unum Group by 0.4% in the 3rd quarter. Savant Capital LLC now owns 46,619 shares of the financial services provider’s stock valued at $3,626,000 after acquiring an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Performance

Shares of NYSE UNM opened at $77.40 on Friday. The stock has a market cap of $12.50 billion, a price-to-earnings ratio of 18.21, a P/E/G ratio of 1.59 and a beta of 0.19. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34. Unum Group has a 1-year low of $68.28 and a 1-year high of $83.13. The stock’s 50-day moving average is $74.44 and its 200 day moving average is $75.69.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.19). The firm had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, sell-side analysts anticipate that Unum Group will post 8.74 EPS for the current fiscal year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is presently 43.29%.

Insider Buying and Selling

In related news, Director Timothy F. Keaney sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction of $326,610.00. Following the transaction, the director directly owned 38,592 shares in the company, valued at $2,801,007.36. This trade represents a 10.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the transaction, the executive vice president owned 52,268 shares in the company, valued at approximately $3,787,861.96. The trade was a 8.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,852 shares of company stock valued at $1,590,734 in the last 90 days. 0.92% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on UNM shares. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. UBS Group raised their price objective on Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Bank of America decreased their price objective on Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. decreased their price objective on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $92.91.

About Unum Group

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.