Unum Group (NYSE:UNM - Get Free Report) EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm's stock in a transaction dated 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 owned 42,587 shares of the company's stock, valued at $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 is available through this hyperlink.
Unum Group Trading Up 0.5%
Shares of NYSE:UNM opened at $80.80 on Friday. Unum Group has a 52-week low of $68.28 and a 52-week high of $83.13. The company has a market capitalization of $13.01 billion, a P/E ratio of 17.57, a price-to-earnings-growth ratio of 0.82 and a beta of 0.19. The company has a 50-day simple moving average of $74.95 and a 200 day simple moving average of $75.74. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.35.
Unum Group (NYSE:UNM - Get Free Report) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (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 the consensus estimate of $2.91 billion. During the same period last year, the business posted $2.04 EPS. Unum Group's revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts forecast that Unum Group will post 8.72 earnings per share for the current year.
Unum Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, April 24th. Unum Group's dividend payout ratio (DPR) is 40.00%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. OneDigital Investment Advisors LLC increased its holdings in shares of Unum Group by 4.2% during the third quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider's stock worth $271,000 after purchasing an additional 141 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Unum Group by 5.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider's stock worth $218,000 after purchasing an additional 149 shares during the period. True Wealth Design LLC increased its holdings in shares of Unum Group by 36.2% during the third quarter. True Wealth Design LLC now owns 587 shares of the financial services provider's stock worth $46,000 after purchasing an additional 156 shares during the period. Larson Financial Group LLC increased its holdings in shares of Unum Group by 0.4% during the fourth quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider's stock worth $2,934,000 after purchasing an additional 159 shares during the period. Finally, Arizona State Retirement System increased its holdings in shares of Unum Group by 0.3% during the third quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider's stock worth $3,813,000 after purchasing an additional 160 shares during the period. 86.57% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Unum Group from $92.00 to $90.00 and set a "neutral" rating on the stock in a report on Friday, February 6th. Truist Financial increased their price target on shares of Unum Group from $88.00 to $96.00 and gave the company a "buy" rating in a report on Thursday. Wells Fargo & Company lowered their price target on shares of Unum Group from $102.00 to $99.00 and set an "overweight" rating on the stock in a report on Friday, April 10th. Weiss Ratings cut shares of Unum Group from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, March 27th. Finally, Keefe, Bruyette & Woods reissued a "moderate buy" rating and issued a $95.00 price target on shares of Unum Group in a report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $93.17.
Get Our Latest Stock Analysis on UNM
About Unum Group
(
Get Free Report)
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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