Nations Financial Group Inc. IA ADV Has $227,000 Stock Position in Unum Group $UNM

Nations Financial Group Inc. IA ADV reduced its position in Unum Group (NYSE:UNM) by 92.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 3,102 shares of the financial services provider’s stock after selling 39,815 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Unum Group were worth $227,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in UNM. Laurel Wealth Advisors LLC purchased a new stake in shares of Unum Group in the fourth quarter valued at $25,000. SHP Wealth Management purchased a new position in shares of Unum Group during the fourth quarter valued at $25,000. Triumph Capital Management purchased a new position in shares of Unum Group during the third quarter valued at $31,000. Ancora Advisors LLC raised its position in Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after buying an additional 339 shares during the period. Finally, Nalls Sherbakoff Group LLC purchased a new stake in Unum Group in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Performance

Shares of UNM stock opened at $88.78 on Friday. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $93.21. The stock’s 50-day moving average is $83.93 and its two-hundred day moving average is $78.37. 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 firm has a market cap of $14.19 billion, a P/E ratio of 19.30, a PEG ratio of 0.90 and a beta of 0.24.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (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 firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Analysts predict that Unum Group will post 8.76 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $0.46 dividend. The ex-dividend date was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.1%. Unum Group’s payout ratio is 40.00%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UNM shares. Morgan Stanley lifted their target price on Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Bank of America lowered their price objective 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. Wells Fargo & Company upped their price objective on shares of Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Finally, UBS Group increased their target price on shares of Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $93.83.

Insider Buying and Selling

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the 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 owned 42,587 shares in the company, valued at $3,412,922.18. This represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.