Unum Group $UNM Stock Holdings Cut by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Unum Group (NYSE:UNM) by 65.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,221 shares of the financial services provider’s stock after selling 82,921 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Unum Group were worth $3,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in Unum Group during the 4th quarter valued at $491,000. M&T Bank Corp boosted its stake in Unum Group by 2.7% during the 4th quarter. M&T Bank Corp now owns 10,035 shares of the financial services provider’s stock valued at $778,000 after purchasing an additional 268 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in Unum Group by 12.8% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 10,362 shares of the financial services provider’s stock valued at $803,000 after purchasing an additional 1,176 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in Unum Group by 5.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,744 shares of the financial services provider’s stock valued at $368,000 after purchasing an additional 265 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its stake in Unum Group by 6.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 23,754 shares of the financial services provider’s stock valued at $1,841,000 after purchasing an additional 1,361 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

Unum Group Price Performance

UNM opened at $80.80 on Monday. The stock has a fifty day moving average of $74.95 and a 200-day moving average of $75.74. The firm has a market capitalization of $12.91 billion, a P/E ratio of 17.57, a PEG ratio of 0.82 and a beta of 0.24. Unum Group has a 12-month low of $68.28 and a 12-month high of $83.13. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM) last released its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. The company 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 in the prior year, the company earned $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities analysts forecast that Unum Group will post 8.72 EPS for the current fiscal year.

Unum Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is currently 40.00%.

Insider Buying and Selling at Unum Group

In related news, EVP Christopher W. Pyne sold 4,852 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $72.47, for a total transaction of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares in the company, valued at approximately $3,787,861.96. This trade represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cynthia Egan sold 9,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $73.00, for a total value of $657,000.00. Following the sale, the director owned 42,846 shares of the company’s stock, valued at approximately $3,127,758. This represents a 17.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,852 shares of company stock valued at $2,552,414 in the last quarter. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on UNM shares. Evercore set a $103.00 price target on Unum Group in a research note on Friday, February 6th. Truist Financial raised their price objective on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research note on Thursday, March 26th. Morgan Stanley reduced their price objective on Unum Group from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.17.

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.