Paradiem LLC Cuts Position in Unum Group $UNM

Paradiem LLC lessened its position in Unum Group (NYSE:UNM) by 70.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,556 shares of the financial services provider’s stock after selling 111,179 shares during the quarter. Unum Group accounts for approximately 0.8% of Paradiem LLC’s portfolio, making the stock its 29th largest holding. Paradiem LLC’s holdings in Unum Group were worth $3,531,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Algebris UK Ltd. raised its position in Unum Group by 95.7% in the 3rd quarter. Algebris UK Ltd. now owns 389,463 shares of the financial services provider’s stock worth $30,269,000 after purchasing an additional 190,454 shares during the period. State of Alaska Department of Revenue grew its stake in shares of Unum Group by 53.5% during the third quarter. State of Alaska Department of Revenue now owns 69,128 shares of the financial services provider’s stock valued at $5,376,000 after buying an additional 24,101 shares during the last quarter. Swedbank AB bought a new position in shares of Unum Group during the third quarter valued at about $14,644,000. Allianz Asset Management GmbH increased its holdings in shares of Unum Group by 63.7% in the third quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock worth $195,704,000 after buying an additional 978,937 shares during the period. Finally, Vest Financial LLC lifted its stake in shares of Unum Group by 5.5% in the 3rd quarter. Vest Financial LLC now owns 653,527 shares of the financial services provider’s stock valued at $50,831,000 after acquiring an additional 33,807 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Performance

Shares of UNM opened at $72.95 on Friday. The company has a 50-day simple moving average of $74.41 and a two-hundred day simple moving average of $75.60. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.37 and a quick ratio of 0.37. The firm has a market capitalization of $11.95 billion, a PE ratio of 17.16, a price-to-earnings-growth ratio of 1.61 and a beta of 0.20. Unum Group has a one year low of $66.81 and a one year high of $84.48.

Unum Group (NYSE:UNM) last posted its earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $3.29 billion. During the same quarter last year, the company posted $2.03 EPS. The firm’s revenue was up .2% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, analysts anticipate that Unum Group will post 9.14 EPS for the current fiscal year.

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

Unum Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, January 30th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $1.84 annualized dividend and a yield of 2.5%. Unum Group’s dividend payout ratio (DPR) is currently 43.29%.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Christopher W. Pyne sold 4,852 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the sale, the executive vice president owned 52,268 shares in the company, valued at approximately $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy F. Keaney sold 4,500 shares of Unum Group stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $72.58, for a total transaction of $326,610.00. Following the transaction, the director owned 38,592 shares of the company’s stock, valued at $2,801,007.36. The trade was a 10.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 21,852 shares of company stock worth $1,590,734. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

UNM has been the subject of several analyst reports. Barclays restated an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 price objective on shares of Unum Group in a research report on Monday, January 5th. Morgan Stanley dropped their price objective on Unum Group from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Weiss Ratings raised shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Citigroup reiterated a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Unum Group presently has a consensus rating of “Moderate Buy” and an average price target of $94.40.

Unum Group 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.