TABR Capital Management LLC Makes New Investment in Unum Group $UNM

TABR Capital Management LLC bought a new stake in shares of Unum Group (NYSE:UNM) in the fourth quarter, Holdings Channel reports. The fund bought 74,430 shares of the financial services provider’s stock, valued at approximately $5,768,000. Unum Group comprises about 2.2% of TABR Capital Management LLC’s portfolio, making the stock its 14th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in shares of Unum Group during the third quarter worth approximately $31,000. Ancora Advisors LLC lifted its holdings in Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in Unum Group by 44.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 537 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 164 shares during the last quarter. True Wealth Design LLC raised its position in shares of Unum Group by 36.2% in the third quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after buying an additional 156 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its stake in shares of Unum Group by 2,350.0% in the third quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock worth $46,000 after buying an additional 564 shares in the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group Stock Down 0.6%

Shares of UNM opened at $72.49 on Monday. The firm has a market cap of $11.87 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 1.57 and a beta of 0.20. Unum Group has a 12-month low of $66.81 and a 12-month high of $84.48. The company’s 50-day moving average price is $74.25 and its 200 day moving average price is $75.67. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34.

Unum Group (NYSE:UNM) last announced its earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.19). Unum Group had a return on equity of 12.62% and a net margin of 5.65%.The company had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same period last year, the business earned $2.03 EPS. The company’s quarterly revenue was up .2% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, sell-side analysts forecast that Unum Group will post 9.14 earnings per share for the current year.

Unum Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors 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 dividend on an annualized basis and a dividend yield of 2.5%. Unum Group’s dividend payout ratio (DPR) is presently 43.29%.

Unum Group declared that its board has authorized a stock repurchase plan on Thursday, December 4th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 8.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have recently issued reports on UNM. Wells Fargo & Company dropped their price target on Unum Group from $104.00 to $102.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. JPMorgan Chase & Co. reduced their price objective on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Citigroup restated a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. UBS Group cut their target price on Unum Group from $85.00 to $81.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $115.00 price target on shares of Unum Group in a report on Monday, January 5th. 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $94.40.

Insider Activity at Unum Group

In other news, EVP Lisa G. Iglesias sold 3,500 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the transaction, the executive vice president directly owned 29,453 shares in the company, valued at $2,150,069. This trade represents a 10.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of Unum Group stock in a transaction on Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares of the company’s stock, valued at $3,787,861.96. The trade was a 8.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,852 shares of company stock worth $1,590,734 over the last quarter. Company insiders own 0.93% of the company’s stock.

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.