Interval Partners LP Buys 81,482 Shares of Unum Group $UNM

Interval Partners LP raised its holdings in shares of Unum Group (NYSE:UNM) by 113.8% during the 4th quarter, HoldingsChannel reports. The fund owned 153,056 shares of the financial services provider’s stock after acquiring an additional 81,482 shares during the quarter. Interval Partners LP’s holdings in Unum Group were worth $11,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. OneDigital Investment Advisors LLC boosted its stake in shares of Unum Group by 4.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock worth $271,000 after acquiring an additional 141 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Unum Group by 5.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock worth $218,000 after acquiring an additional 149 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Unum Group by 0.4% during the 4th quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock worth $2,934,000 after acquiring an additional 159 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its stake in shares of Unum Group by 1.2% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock worth $1,066,000 after acquiring an additional 165 shares during the last quarter. Finally, L2 Asset Management LLC boosted its stake in shares of Unum Group by 1.6% during the 4th quarter. L2 Asset Management LLC now owns 10,343 shares of the financial services provider’s stock worth $802,000 after acquiring an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Insider Buying and Selling at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the sale, the executive vice president directly owned 42,587 shares in the company, valued at $3,412,922.18. The trade was a 21.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by company insiders.

Unum Group Stock Down 0.7%

Shares of UNM stock opened at $91.65 on Thursday. The stock has a market cap of $14.64 billion, a P/E ratio of 19.92, a PEG ratio of 0.94 and a beta of 0.24. Unum Group has a 52 week low of $68.28 and a 52 week high of $93.21. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $82.36 and its two-hundred day simple moving average is $77.71.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same period in the previous year, the firm posted $2.04 EPS. The business’s quarterly 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. Analysts predict that Unum Group will post 8.76 EPS for the current fiscal year.

Unum Group Announces Dividend

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

Analyst Ratings Changes

UNM has been the topic of several analyst reports. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. UBS Group lifted their price target 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. Wells Fargo & Company lifted their price target 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. Bank of America dropped their price target on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Finally, Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Unum Group has an average rating of “Moderate Buy” and a consensus target price of $93.83.

About Unum Group

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.