Sharpepoint LLC Makes New $426,000 Investment in Unum Group $UNM

Sharpepoint LLC bought a new position in Unum Group (NYSE:UNM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,501 shares of the financial services provider’s stock, valued at approximately $426,000.

Other hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new position in shares of Unum Group in the fourth quarter worth $25,000. Triumph Capital Management purchased a new position in shares of Unum Group in the third quarter worth $31,000. Ancora Advisors LLC increased its holdings in shares of Unum Group by 385.2% in the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 339 shares during the last quarter. Danske Bank A S bought a new stake in shares of Unum Group in the third quarter worth about $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Unum Group in the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Wall Street Analysts Forecast Growth

UNM has been the subject of several research analyst reports. UBS Group raised their price target on Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Wells Fargo & Company raised their price target on Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Truist Financial increased their price objective on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

Insider Activity

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’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 transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at $3,412,922.18. This trade represents a 21.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $72.47, for a total transaction of $351,624.44. Following the completion of the transaction, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. This represents a 8.49% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.00% of the company’s stock.

Unum Group Price Performance

Unum Group stock opened at $90.95 on Thursday. The firm has a 50-day moving average price of $80.59 and a 200-day moving average price of $77.16. The firm has a market capitalization of $14.53 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 0.89 and a beta of 0.24. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 12-month low of $68.28 and a 12-month high of $91.36.

Unum Group (NYSE:UNM) last released its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.07. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, equities research analysts forecast that Unum Group will post 8.76 EPS for the current year.

Unum Group Dividend Announcement

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

Unum Group Company 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.