Sharpepoint LLC Buys Shares of 5,501 Unum Group $UNM

Sharpepoint LLC bought a new stake in shares of Unum Group (NYSE:UNM) during the fourth quarter, Holdings Channel reports. The fund bought 5,501 shares of the financial services provider’s stock, valued at approximately $426,000.

Other institutional investors have also added to or reduced their stakes in the company. UBS Group AG boosted its holdings in shares of Unum Group by 5.4% in the 4th quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after buying an additional 68,957 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Unum Group by 1,167.7% in the 4th quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock valued at $11,911,000 after buying an additional 141,572 shares in the last quarter. Qsemble Capital Management LP boosted its holdings in shares of Unum Group by 245.9% in the 4th quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock valued at $8,273,000 after buying an additional 75,885 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Unum Group by 4.0% in the 3rd quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after buying an additional 223,095 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Unum Group in the 4th quarter valued at about $1,898,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Up 3.3%

UNM stock opened at $90.95 on Thursday. The firm has a 50 day moving average of $80.59 and a 200 day moving average of $77.16. The stock has a market capitalization of $14.53 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 0.89 and a beta of 0.24. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 52 week low of $68.28 and a 52 week high of $91.36.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating the consensus estimate of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same period in the previous year, the business posted $2.04 EPS. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts forecast that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, April 24th. Unum Group’s payout ratio is presently 40.00%.

Insider Activity at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the completion of the sale, the executive vice president directly owned 42,587 shares in the company, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of Unum Group stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $72.47, for a total transaction of $351,624.44. Following the sale, the executive vice president owned 52,268 shares of the company’s stock, valued at approximately $3,787,861.96. The trade was a 8.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a research note on Thursday, March 26th. Wells Fargo & Company lifted their target price on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, UBS Group lifted their target price on shares of 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

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.