Atlas Capital Advisors Inc. Makes New Investment in Unum Group $UNM

Atlas Capital Advisors Inc. purchased a new position in Unum Group (NYSE:UNM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,634 shares of the financial services provider’s stock, valued at approximately $1,134,000.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Unum Group in the fourth quarter worth approximately $25,000. Triumph Capital Management purchased a new position in Unum Group during the third quarter worth approximately $31,000. Ancora Advisors LLC lifted its position in Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after buying an additional 339 shares in the last quarter. Danske Bank A S purchased a new position in Unum Group during the third quarter worth approximately $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Unum Group during the fourth quarter worth approximately $48,000. 86.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’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 completion of the transaction, the executive vice president directly owned 42,587 shares of the company’s stock, valued at $3,412,922.18. The trade was a 21.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UNM. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Morgan Stanley lifted their price objective on Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Weiss Ratings upgraded Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Finally, Truist Financial lifted their price objective on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

Unum Group Price Performance

NYSE:UNM opened at $92.55 on Monday. Unum Group has a 52 week low of $68.28 and a 52 week high of $92.97. 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 stock’s fifty day moving average is $81.34 and its two-hundred day moving average is $77.39. The company has a market capitalization of $14.79 billion, a P/E ratio of 20.12, a P/E/G ratio of 0.94 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. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same period in the previous year, the firm posted $2.04 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities analysts expect that Unum Group will post 8.76 EPS for the current year.

Unum Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a dividend of $0.46 per share. 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 payout ratio is presently 40.00%.

Unum Group 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.