VIRGINIA RETIREMENT SYSTEMS ET Al Trims Stock Position in Unum Group $UNM

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its stake in shares of Unum Group (NYSE:UNM) by 5.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 308,620 shares of the financial services provider’s stock after selling 19,050 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Unum Group were worth $23,918,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Algebris UK Ltd. lifted its position 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 buying an additional 190,454 shares during the last quarter. UBS Group AG increased its holdings in shares of Unum Group by 5.4% in the 4th quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after acquiring an additional 68,957 shares during the period. SG Americas Securities LLC increased its holdings in shares of Unum Group by 1,167.7% in the 4th quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock valued at $11,911,000 after acquiring an additional 141,572 shares during the period. Allianz Asset Management GmbH increased its holdings in shares of Unum Group by 63.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock valued at $195,704,000 after acquiring an additional 978,937 shares during the period. Finally, Vest Financial LLC increased its holdings in shares of Unum Group by 5.5% in the 3rd quarter. Vest Financial LLC now owns 653,527 shares of the financial services provider’s stock valued at $50,831,000 after acquiring an additional 33,807 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Performance

Shares of UNM opened at $80.37 on Thursday. 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 has a market capitalization of $12.84 billion, a P/E ratio of 17.47, a P/E/G ratio of 0.83 and a beta of 0.24. The company’s fifty day moving average is $76.14 and its two-hundred day moving average is $75.99. Unum Group has a 1 year low of $68.28 and a 1 year high of $83.13.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.07. The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. Unum Group’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, sell-side analysts predict that Unum Group will post 8.73 earnings per share for the current year.

Unum Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, April 24th. Unum Group’s payout ratio is currently 40.00%.

Insider Buying and Selling

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 transaction of $657,000.00. Following the transaction, the director directly owned 42,846 shares of the company’s stock, valued at $3,127,758. This represents a 17.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Timothy F. Keaney sold 4,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction of $326,610.00. Following the transaction, the director directly owned 38,592 shares in the company, valued at approximately $2,801,007.36. This trade represents a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 33,852 shares of company stock worth $2,552,414 in the last ninety days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays reaffirmed an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Truist Financial lifted their target price on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wells Fargo & Company lifted their target price on shares of Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. cut their target price 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. Finally, Evercore set a $103.00 target price on shares of Unum Group in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $93.25.

Key Unum Group News

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Unum remains above the latest consensus-style expectations for near-term earnings, and Zacks still has a Hold rating rather than a bearish call, which may limit downside pressure.

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.