Unum Group $UNM Stake Lifted by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its stake in Unum Group (NYSE:UNM) by 16.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 53,908 shares of the financial services provider’s stock after buying an additional 7,471 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Unum Group were worth $3,937,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of UNM. Laurel Wealth Advisors LLC acquired a new stake in shares of Unum Group in the 4th quarter worth about $25,000. SHP Wealth Management acquired a new stake in shares of Unum Group in the fourth quarter valued at approximately $25,000. MBM Wealth Consultants LLC bought a new stake in shares of Unum Group during the first quarter valued at approximately $29,000. Triumph Capital Management acquired a new position in shares of Unum Group during the third quarter worth approximately $31,000. Finally, Ancora Advisors LLC grew 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 worth $33,000 after buying an additional 339 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on UNM. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Truist Financial raised their price target on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings raised shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a research report on Thursday, March 26th. Finally, Wells Fargo & Company boosted their price target on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $94.00.

Insider Activity at Unum Group

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.00% of the company’s stock.

Unum Group Price Performance

Shares of NYSE UNM opened at $92.31 on Monday. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 0.93 and a beta of 0.25. Unum Group has a twelve month low of $68.28 and a twelve month high of $93.21. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $85.37 and a two-hundred day moving average of $79.03.

Unum Group (NYSE:UNM) last issued its quarterly 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 return on equity of 12.60% and a net margin of 5.86%.The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter 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. As a group, analysts expect that Unum Group will post 8.77 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

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

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.