Unum Group $UNM Position Lessened by LSV Asset Management

LSV Asset Management decreased its stake in Unum Group (NYSE:UNM) by 2.5% during the 4th quarter, HoldingsChannel reports. The firm owned 2,665,606 shares of the financial services provider’s stock after selling 67,334 shares during the period. LSV Asset Management’s holdings in Unum Group were worth $206,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Unum Group in the 4th quarter worth approximately $25,000. Triumph Capital Management bought a new stake in shares of Unum Group in the 3rd quarter worth approximately $31,000. Ancora Advisors LLC lifted its holdings in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 339 shares during the last quarter. Danske Bank A S bought a new stake in shares of Unum Group in the 3rd quarter worth approximately $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Unum Group in the 4th quarter worth approximately $48,000. Institutional investors own 86.57% of the company’s stock.

Insider Activity

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president directly owned 42,587 shares in the company, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lisa G. Iglesias sold 3,500 shares of Unum Group stock in a transaction on Monday, March 9th. The shares were sold at an average price of $73.00, for a total value of $255,500.00. Following the transaction, the executive vice president owned 29,453 shares in the company, valued at approximately $2,150,069. This trade represents a 10.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 20,352 shares of company stock worth $1,568,804. 1.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on UNM shares. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 target price on shares of Unum Group in a research note on Thursday, March 26th. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. cut their target price on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. UBS Group lifted their target price on Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $93.83.

Unum Group Stock Up 0.1%

Shares of Unum Group stock opened at $84.55 on Friday. The business’s fifty day moving average price is $77.54 and its two-hundred day moving average price is $76.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market capitalization of $13.51 billion, a P/E ratio of 18.38, a PEG ratio of 0.86 and a beta of 0.24. Unum Group has a 1-year low of $68.28 and a 1-year high of $85.27.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.07. The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, research analysts forecast that Unum Group will post 8.73 EPS for the current year.

Unum Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $0.46 per share. The ex-dividend date was Friday, April 24th. This represents a $1.84 annualized dividend and a dividend yield of 2.2%. Unum Group’s dividend payout ratio (DPR) is 40.00%.

Unum Group Profile

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.