LSV Asset Management Sells 8,394 Shares of Unum Group $UNM

LSV Asset Management lowered its position in shares of Unum Group (NYSE:UNM) by 0.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,732,940 shares of the financial services provider’s stock after selling 8,394 shares during the quarter. LSV Asset Management owned about 1.60% of Unum Group worth $212,568,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Krilogy Financial LLC bought a new position in Unum Group during the third quarter worth about $304,000. Center for Financial Planning Inc. acquired a new position in shares of Unum Group during the 3rd quarter worth approximately $81,000. Midwest Trust Co increased its holdings in shares of Unum Group by 7.9% during the third quarter. Midwest Trust Co now owns 3,168 shares of the financial services provider’s stock worth $246,000 after purchasing an additional 233 shares during the period. Prospera Financial Services Inc increased its holdings in shares of Unum Group by 8.4% during the third quarter. Prospera Financial Services Inc now owns 20,515 shares of the financial services provider’s stock worth $1,597,000 after purchasing an additional 1,591 shares during the period. Finally, Profund Advisors LLC raised its position in shares of Unum Group by 8.3% in the third quarter. Profund Advisors LLC now owns 3,497 shares of the financial services provider’s stock valued at $272,000 after buying an additional 268 shares in the last quarter. Institutional investors own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UNM shares. Jefferies Financial Group reissued a “buy” rating and set a $115.00 price target on shares of Unum Group in a research report on Monday, January 5th. Evercore set a $103.00 target price on Unum Group in a research report on Friday, February 6th. Barclays reissued an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Morgan Stanley set a $85.00 price target on Unum Group in a research note on Monday, December 15th. Finally, Wells Fargo & Company upped their price objective on shares of Unum Group from $98.00 to $104.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $97.69.

Unum Group Trading Down 0.4%

Shares of UNM opened at $71.47 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.36 and a current ratio of 0.37. Unum Group has a 52-week low of $66.81 and a 52-week high of $84.48. The firm has a market cap of $11.96 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.61 and a beta of 0.20. The business’s fifty day moving average is $76.86 and its 200-day moving average is $75.26.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.19). Unum Group had a return on equity of 12.62% and a net margin of 5.65%.The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the company earned $2.03 earnings per share. Unum Group’s quarterly revenue was up .2% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities analysts anticipate that Unum Group will post 9.14 EPS for the current fiscal year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 30th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $1.84 annualized dividend and a dividend yield of 2.6%. Unum Group’s payout ratio is 43.29%.

Unum Group declared that its board has initiated a stock buyback plan on Thursday, December 4th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 8.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, CAO Walter Lynn Rice, Jr. sold 900 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $73.50, for a total value of $66,150.00. Following the completion of the transaction, the chief accounting officer owned 8,940 shares in the company, valued at $657,090. This trade represents a 9.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steven Andrew Zabel sold 7,500 shares of Unum Group stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $76.38, for a total transaction of $572,850.00. Following the sale, the executive vice president owned 113,807 shares in the company, valued at approximately $8,692,578.66. This represents a 6.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.92% of the stock is owned by corporate insiders.

Unum Group Company 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.