Kera Capital Partners Inc. Makes New Investment in Unum Group $UNM

Kera Capital Partners Inc. bought a new position in shares of Unum Group (NYSE:UNM) during the 4th quarter, Holdings Channel.com reports. The fund bought 6,094 shares of the financial services provider’s stock, valued at approximately $463,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UNM. Corient Private Wealth LLC increased its stake in Unum Group by 52.1% during the 4th quarter. Corient Private Wealth LLC now owns 199,133 shares of the financial services provider’s stock worth $15,433,000 after acquiring an additional 68,176 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of Unum Group by 88.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 540,144 shares of the financial services provider’s stock valued at $42,067,000 after acquiring an additional 252,870 shares during the period. First Citizens Bank & Trust Co. lifted its position in shares of Unum Group by 0.8% during the 4th quarter. First Citizens Bank & Trust Co. now owns 21,140 shares of the financial services provider’s stock valued at $1,638,000 after acquiring an additional 165 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Unum Group during the 4th quarter worth $791,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Unum Group by 3.8% during the 4th quarter. NewEdge Advisors LLC now owns 6,001 shares of the financial services provider’s stock worth $465,000 after purchasing an additional 220 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UNM. Keefe, Bruyette & Woods restated a “moderate buy” rating and issued a $95.00 price target on shares of Unum Group in a research report on Thursday, March 26th. Wells Fargo & Company increased 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. Weiss Ratings upgraded Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, UBS Group lifted their price objective on Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Unum Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

Unum Group Stock Up 0.0%

Shares of NYSE:UNM opened at $90.01 on Friday. The firm has a market cap of $14.38 billion, a P/E ratio of 19.57, a PEG ratio of 0.91 and a beta of 0.24. Unum Group has a 52-week low of $68.28 and a 52-week high of $93.21. The business’s 50 day simple moving average is $82.90 and its two-hundred day simple moving average is $77.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35.

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

Unum Group Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 annualized dividend and a dividend yield of 2.0%. Unum Group’s dividend payout ratio (DPR) is currently 40.00%.

Insider Buying and Selling

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president directly owned 42,587 shares in the company, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

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.