UBS Group AG Increases Stock Position in Unum Group $UNM

UBS Group AG raised its position in shares of Unum Group (NYSE:UNM) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,356,916 shares of the financial services provider’s stock after purchasing an additional 68,957 shares during the period. UBS Group AG’s holdings in Unum Group were worth $105,161,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Unum Group during the third quarter valued at $31,000. Ancora Advisors LLC lifted 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. True Wealth Design LLC raised its position in shares of Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 156 shares during the last quarter. SJS Investment Consulting Inc. raised its position in shares of Unum Group by 2,350.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 564 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of Unum Group in the 3rd quarter worth about $47,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Insider Buying and Selling

In related news, Director Timothy F. Keaney sold 4,500 shares of Unum Group stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total value of $326,610.00. Following the completion of the sale, the director directly owned 38,592 shares in the company, valued at approximately $2,801,007.36. This trade represents a 10.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the sale, the executive vice president owned 42,587 shares of the company’s stock, valued at $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 33,852 shares of company stock worth $2,552,414 in the last three months. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on UNM. Zacks Research raised Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Bank of America lowered their price target on Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings lowered Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $115.00 price target on shares of Unum Group in a research report on Monday, January 5th. Finally, JPMorgan Chase & Co. lowered their price target on Unum Group from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Unum Group presently has a consensus rating of “Moderate Buy” and an average target price of $93.17.

Unum Group Price Performance

UNM opened at $80.80 on Friday. The stock has a 50-day moving average price of $74.95 and a 200-day moving average price of $75.74. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.37. The firm has a market cap of $13.01 billion, a PE ratio of 17.57, a P/E/G ratio of 0.82 and a beta of 0.24. Unum Group has a 1 year low of $68.28 and a 1 year high of $83.13.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same period last year, the company earned $2.04 EPS. Unum Group’s revenue for the quarter was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts predict that Unum Group will post 8.72 earnings per share for the current fiscal year.

Unum Group Announces Dividend

The firm 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 $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is presently 40.00%.

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.