Blair William & Co. IL Acquires 531 Shares of Unum Group $UNM

Blair William & Co. IL grew its holdings in Unum Group (NYSE:UNM) by 10.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 5,539 shares of the financial services provider’s stock after buying an additional 531 shares during the quarter. Blair William & Co. IL’s holdings in Unum Group were worth $447,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Quintet Private Bank Europe S.A. bought a new position in shares of Unum Group during the 2nd quarter worth approximately $28,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of Unum Group during the 1st quarter worth approximately $30,000. Atwood & Palmer Inc. raised its stake in shares of Unum Group by 100.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 400 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 200 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Unum Group during the 1st quarter worth approximately $35,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Unum Group by 196.9% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 478 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 317 shares in the last quarter. Institutional investors own 86.57% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of Unum Group from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Wednesday, October 8th. UBS Group set a $87.00 price target on shares of Unum Group and gave the company a “neutral” rating in a research note on Wednesday, July 30th. Evercore ISI cut their price target on shares of Unum Group from $100.00 to $96.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 30th. Barclays upped their price target on shares of Unum Group from $92.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Finally, Wolfe Research upgraded shares of Unum Group to a “strong-buy” rating in a research note on Tuesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Unum Group currently has a consensus rating of “Moderate Buy” and an average price target of $93.23.

Unum Group Stock Performance

Shares of NYSE UNM opened at $75.42 on Friday. The company’s fifty day moving average price is $73.83 and its 200 day moving average price is $76.85. Unum Group has a 1 year low of $61.37 and a 1 year high of $84.48. The company has a market capitalization of $12.84 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 1.21 and a beta of 0.36. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.30 and a current ratio of 0.30.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.16). Unum Group had a return on equity of 13.44% and a net margin of 11.77%.The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the company posted $2.16 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. Unum Group has set its FY 2025 guidance at 8.500-8.50 EPS. On average, research analysts predict that Unum Group will post 9.14 earnings per share for the current year.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 24th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.4%. Unum Group’s dividend payout ratio is 22.01%.

Unum Group Company Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.