Dockside LLC Invests $2.66 Million in Unum Group $UNM

Dockside LLC bought a new stake in Unum Group (NYSE:UNM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 34,300 shares of the financial services provider’s stock, valued at approximately $2,658,000.

Other institutional investors have also recently bought and sold shares of the company. UBS Group AG grew its holdings in Unum Group by 5.4% in the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after purchasing an additional 68,957 shares during the period. SG Americas Securities LLC grew its holdings in Unum Group by 1,167.7% in the fourth quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock valued at $11,911,000 after purchasing an additional 141,572 shares during the period. Qsemble Capital Management LP grew its holdings in Unum Group by 245.9% in the fourth quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock valued at $8,273,000 after purchasing an additional 75,885 shares during the period. First Trust Advisors LP grew its holdings in Unum Group by 4.0% in the third quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after purchasing an additional 223,095 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new stake in Unum Group in the fourth quarter valued at approximately $1,898,000. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were 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 of the company’s stock, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher W. Pyne sold 4,852 shares of the business’s 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 transaction, the executive vice president directly 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. The SEC filing for this sale provides additional information. Insiders own 1.00% of the company’s stock.

Unum Group Trading Up 0.9%

Shares of UNM stock opened at $92.55 on Friday. The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 0.94 and a beta of 0.24. 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 has a fifty-two week low of $68.28 and a fifty-two week high of $92.97. The firm’s 50 day moving average price is $81.34 and its two-hundred day moving average price is $77.38.

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

Unum Group Announces Dividend

The firm also recently declared 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. This represents a $1.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, April 24th. Unum Group’s payout ratio is 40.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UNM shares. Truist Financial boosted their target price on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Bank of America lowered their target price on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 price target on shares of Unum Group in a research report on Thursday, March 26th. Finally, Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.83.

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.