Unum Group $UNM Shares Bought by Sei Investments Co.

Sei Investments Co. grew its stake in shares of Unum Group (NYSE:UNM) by 9.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 608,586 shares of the financial services provider’s stock after purchasing an additional 54,574 shares during the period. Sei Investments Co. owned approximately 0.38% of Unum Group worth $44,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in UNM. Prosperity Consulting Group LLC increased its holdings in shares of Unum Group by 1.6% in the 1st quarter. Prosperity Consulting Group LLC now owns 8,157 shares of the financial services provider’s stock valued at $596,000 after purchasing an additional 128 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in Unum Group by 1.9% during the first quarter. D.A. Davidson & CO. now owns 7,922 shares of the financial services provider’s stock worth $579,000 after buying an additional 144 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in 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 buying an additional 149 shares in the last quarter. Larson Financial Group LLC grew its position in 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 buying an additional 159 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC grew its position in Unum Group by 1.2% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock worth $1,066,000 after buying an additional 165 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on UNM. Wells Fargo & Company lifted their price target on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings raised Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Truist Financial lifted their price objective on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Jefferies Financial Group boosted their target price on Unum Group from $117.00 to $123.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Unum Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.17.

Insider Activity

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president owned 42,587 shares in the company, valued at $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by company insiders.

Unum Group Price Performance

UNM stock opened at $86.22 on Monday. Unum Group has a 1 year low of $68.28 and a 1 year high of $93.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35. The stock’s 50 day moving average price is $87.88 and its 200 day moving average price is $80.08. The firm has a market cap of $13.78 billion, a P/E ratio of 18.74, a PEG ratio of 0.86 and a beta of 0.25.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS 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 during the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter last year, the business posted $2.04 EPS. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, sell-side analysts expect that Unum Group will post 8.75 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be given a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. This is an increase from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, July 24th. Unum Group’s dividend payout ratio (DPR) is 43.91%.

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.