Unum Group $UNM Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its position in shares of Unum Group (NYSE:UNM) by 54.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,154,762 shares of the financial services provider’s stock after selling 1,361,364 shares during the quarter. Allianz Asset Management GmbH’s holdings in Unum Group were worth $89,494,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. increased its stake in Unum Group by 20.2% during the fourth quarter. Fox Run Management L.L.C. now owns 21,558 shares of the financial services provider’s stock worth $1,671,000 after acquiring an additional 3,629 shares during the last quarter. Brandywine Global Investment Management LLC grew its stake in shares of Unum Group by 20.0% in the fourth quarter. Brandywine Global Investment Management LLC now owns 211,266 shares of the financial services provider’s stock valued at $16,373,000 after buying an additional 35,267 shares in the last quarter. Syon Capital LLC grew its stake in shares of Unum Group by 80.1% in the fourth quarter. Syon Capital LLC now owns 8,076 shares of the financial services provider’s stock valued at $626,000 after buying an additional 3,593 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Unum Group in the fourth quarter valued at about $53,000. Finally, Havemeyer Place LP acquired a new stake in shares of Unum Group in the fourth quarter valued at about $1,633,000. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Unum Group Price Performance

Shares of NYSE UNM opened at $90.95 on Thursday. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $91.36. The business has a 50 day moving average price of $80.59 and a two-hundred day moving average price of $77.16. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a market cap 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.

Unum Group (NYSE:UNM) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 12.60% and a net margin of 5.86%.Unum Group’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts expect that Unum Group will post 8.76 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

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

Wall Street Analyst Weigh In

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

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 stock was sold at an average price of $80.14, for a total value of $961,680.00. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares in the company, valued at approximately $3,787,861.96. This trade represents a 8.49% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by company insiders.

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.