Capitolis Liquid Global Markets LLC Takes $12.77 Million Position in Unum Group $UNM

Capitolis Liquid Global Markets LLC purchased a new stake in shares of Unum Group (NYSE:UNM) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 164,200 shares of the financial services provider’s stock, valued at approximately $12,771,000.

A number of other hedge funds have also bought and sold shares of UNM. Algebris UK Ltd. raised its stake in shares of Unum Group by 95.7% during 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 position in 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 period. Swedbank AB bought a new position in Unum Group during the third quarter valued at about $14,644,000. Allianz Asset Management GmbH increased its holdings in Unum Group by 63.7% during 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 last quarter. Finally, Vest Financial LLC increased its holdings in Unum Group by 5.5% during the third quarter. Vest Financial LLC now owns 653,527 shares of the financial services provider’s stock worth $50,831,000 after buying an additional 33,807 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Insider Transactions at Unum Group

In other news, Director Cynthia Egan sold 9,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total value of $657,000.00. Following the transaction, the director owned 42,846 shares of the company’s stock, valued at approximately $3,127,758. This represents a 17.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Lisa G. Iglesias sold 3,500 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total value of $255,500.00. Following the completion of the sale, the executive vice president owned 29,453 shares in the company, valued at $2,150,069. This trade represents a 10.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 17,000 shares of company stock valued at $1,239,110. 0.92% of the stock is currently owned by company insiders.

Unum Group Price Performance

UNM stock opened at $72.14 on Friday. The firm has a 50 day moving average of $74.82 and a 200-day moving average of $75.52. 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 has a 12 month low of $66.81 and a 12 month high of $84.48. The firm has a market capitalization of $11.81 billion, a P/E ratio of 16.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.20.

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 the consensus estimate of $3.29 billion. During the same period last year, the company posted $2.03 EPS. The business’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. As a group, sell-side analysts predict that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group announced that its board has authorized a share buyback plan on Thursday, December 4th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to reacquire up to 8.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, January 30th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, January 30th. Unum Group’s payout ratio is 43.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup reiterated a “market perform” rating on shares of Unum Group in a research note on Thursday, December 18th. Evercore set a $103.00 price target on shares of Unum Group in a research note on Friday, February 6th. 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. UBS Group dropped their price objective on Unum Group from $85.00 to $81.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, Zacks Research lowered Unum Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.