Unum Group $UNM Shares Bought by Algebris UK Ltd.

Algebris UK Ltd. lifted its position in shares of Unum Group (NYSE:UNM) by 79.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 699,806 shares of the financial services provider’s stock after buying an additional 310,343 shares during the quarter. Unum Group comprises 2.6% of Algebris UK Ltd.’s holdings, making the stock its 4th biggest position. Algebris UK Ltd.’s holdings in Unum Group were worth $54,260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Unum Group during the fourth quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of Unum Group during the third quarter worth $31,000. Ancora Advisors LLC lifted its holdings in shares of Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after buying an additional 339 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Unum Group during the third quarter worth $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Unum Group during the fourth quarter worth $48,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Evercore set a $103.00 price target on Unum Group in a research report on Friday, February 6th. JPMorgan Chase & Co. decreased their price target on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings cut Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Finally, Keefe, Bruyette & Woods restated a “moderate buy” rating and issued a $95.00 price target on shares of Unum Group in a research report on Thursday, March 26th. One equities research 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.25.

Unum Group Stock Up 1.9%

Shares of NYSE UNM opened at $83.81 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35. Unum Group has a 52 week low of $68.28 and a 52 week high of $84.04. The stock has a market capitalization of $13.39 billion, a P/E ratio of 18.22, a PEG ratio of 0.84 and a beta of 0.24. The stock’s fifty day moving average is $77.07 and its 200 day moving average is $76.24.

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

Unum Group Dividend Announcement

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

Insider Activity at Unum Group

In related news, EVP Lisa G. Iglesias sold 3,500 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $73.00, for a total value of $255,500.00. Following the sale, the executive vice president directly owned 29,453 shares of the company’s stock, valued at $2,150,069. This trade represents a 10.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. This trade represents 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 20,352 shares of company stock valued at $1,568,804 over the last ninety days. 1.00% of the stock is owned by corporate insiders.

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.