Unum Group (NYSE:UNM) EVP Sells $351,624.44 in Stock

Unum Group (NYSE:UNM) EVP Christopher Pyne sold 4,852 shares of the business’s stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Unum Group Trading Down 0.6%

Shares of UNM stock opened at $72.49 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 0.37. The company has a market capitalization of $11.87 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.58 and a beta of 0.20. Unum Group has a 52-week low of $66.81 and a 52-week high of $84.48. The company has a 50-day simple moving average of $74.25 and a two-hundred day simple moving average of $75.62.

Unum Group (NYSE:UNM) last posted its earnings results on Thursday, February 5th. The financial services provider reported $1.92 EPS 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 firm had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same period in the prior year, the business earned $2.03 EPS. 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. Research analysts anticipate that Unum Group will post 9.14 EPS for the current fiscal year.

Unum Group announced that its Board of Directors has approved a share buyback program on Thursday, December 4th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 8.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Unum Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 30th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Friday, January 30th. Unum Group’s dividend payout ratio (DPR) is 43.29%.

Analyst Ratings Changes

A number of brokerages have issued reports on UNM. JPMorgan Chase & Co. reduced their price objective on Unum Group from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. UBS Group cut their price target on shares of Unum Group from $85.00 to $81.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Citigroup restated a “market perform” rating on shares of Unum Group in a research report on Thursday, December 18th. Evercore set a $103.00 price objective on shares of Unum Group in a report on Friday, February 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Unum Group from $104.00 to $102.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.40.

Institutional Investors Weigh In On Unum Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in Unum Group during the fourth quarter worth about $25,000. SHP Wealth Management purchased a new position in shares of Unum Group in the fourth quarter worth about $25,000. Triumph Capital Management bought a new stake in shares of Unum Group in the third quarter valued at approximately $31,000. Ancora Advisors LLC raised its position in shares of Unum Group by 385.2% in the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares during the period. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Unum Group during the 4th quarter valued at approximately $39,000. 86.57% of the stock is currently owned by institutional investors.

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.