Savant Capital LLC Sells 33,746 Shares of Unum Group $UNM

Savant Capital LLC trimmed its stake in Unum Group (NYSE:UNM) by 72.4% during the 4th quarter, Holdings Channel reports. The firm owned 12,873 shares of the financial services provider’s stock after selling 33,746 shares during the quarter. Savant Capital LLC’s holdings in Unum Group were worth $998,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of UNM. Allianz Asset Management GmbH increased its position in shares of Unum Group by 63.7% in the third quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock worth $195,704,000 after purchasing an additional 978,937 shares during the last quarter. AQR Capital Management LLC grew its position in Unum Group by 35.1% during the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock valued at $181,622,000 after acquiring an additional 607,684 shares during the last quarter. Two Sigma Investments LP grew its position in Unum Group by 127.3% during the third quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock valued at $67,240,000 after acquiring an additional 484,107 shares during the last quarter. Moore Capital Management LP grew its position in Unum Group by 195.0% during the third quarter. Moore Capital Management LP now owns 658,912 shares of the financial services provider’s stock valued at $51,250,000 after acquiring an additional 435,552 shares during the last quarter. Finally, Algebris UK Ltd. grew its position in Unum Group by 79.7% during the fourth quarter. Algebris UK Ltd. now owns 699,806 shares of the financial services provider’s stock valued at $54,260,000 after acquiring an additional 310,343 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Lisa G. Iglesias sold 3,500 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the transaction, the executive vice president owned 29,453 shares of the company’s stock, valued at approximately $2,150,069. This trade represents a 10.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the transaction, the executive vice president directly owned 52,268 shares of the company’s stock, valued at $3,787,861.96. This represents a 8.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 20,352 shares of company stock valued at $1,568,804. 1.00% of the stock is currently owned by company insiders.

Unum Group Stock Performance

Shares of UNM stock opened at $84.08 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $13.43 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 0.85 and a beta of 0.24. The stock has a fifty day moving average of $78.77 and a 200 day moving average of $76.67. Unum Group has a 52 week low of $68.28 and a 52 week high of $85.27.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating the consensus estimate of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, research analysts expect that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a dividend of $0.46 per share. 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 currently 40.00%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Bank of America reduced their price target on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Truist Financial increased their price target on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Unum Group presently has an average rating of “Moderate Buy” and a consensus target price of $93.83.

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.