Qsemble Capital Management LP increased its position in shares of Unum Group (NYSE:UNM – Free Report) by 112.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 49,037 shares of the financial services provider’s stock after acquiring an additional 25,910 shares during the quarter. Qsemble Capital Management LP’s holdings in Unum Group were worth $4,384,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. UBS Group AG boosted its position in shares of Unum Group by 5.4% during the 4th quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock worth $105,161,000 after acquiring an additional 68,957 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Unum Group during the fourth quarter valued at approximately $2,567,000. TABR Capital Management LLC acquired a new position in Unum Group during the fourth quarter valued at approximately $5,768,000. Swedbank AB lifted its stake in Unum Group by 148.3% during the fourth quarter. Swedbank AB now owns 467,505 shares of the financial services provider’s stock worth $36,232,000 after purchasing an additional 279,233 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in Unum Group during the fourth quarter worth $1,898,000. 86.57% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
UNM has been the topic of a number of research analyst reports. Morgan Stanley raised their target price on Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Barclays upped their price objective on Unum Group from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Keefe, Bruyette & Woods reduced their price objective on Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. UBS Group set a $94.00 target price on Unum Group in a research report on Tuesday, July 7th. Finally, Jefferies Financial Group boosted their target price on Unum Group from $117.00 to $123.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Unum Group currently has an average rating of “Moderate Buy” and an average target price of $99.00.
Unum Group Stock Performance
Shares of UNM stock opened at $93.41 on Friday. The business’s 50-day moving average price is $89.51 and its 200-day moving average price is $81.26. Unum Group has a 12 month low of $68.28 and a 12 month high of $94.55. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 0.98 and a beta of 0.26. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.
Unum Group (NYSE:UNM – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, hitting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The company had revenue of $3.39 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the previous year, the business posted $1.92 earnings per share. The business’s quarterly revenue was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities research analysts forecast that Unum Group will post 8.65 EPS for the current year.
Unum Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s payout ratio is presently 47.09%.
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.
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