DGS Capital Management LLC Decreases Position in Unum Group $UNM

DGS Capital Management LLC trimmed its holdings in Unum Group (NYSE:UNM) by 15.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,512 shares of the financial services provider’s stock after selling 6,494 shares during the quarter. DGS Capital Management LLC’s holdings in Unum Group were worth $2,520,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC acquired a new stake in Unum Group during the fourth quarter worth approximately $25,000. SHP Wealth Management purchased a new stake in shares of Unum Group during the 4th quarter worth approximately $25,000. MBM Wealth Consultants LLC acquired a new position in shares of Unum Group in the 1st quarter valued at $29,000. Triumph Capital Management acquired a new position in shares of Unum Group in the 3rd quarter valued at $31,000. Finally, Ancora Advisors LLC grew its position in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after buying an additional 339 shares during the last quarter. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’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 transaction of $961,680.00. Following the completion of the sale, the executive vice president directly owned 42,587 shares of the company’s stock, valued at $3,412,922.18. This represents a 21.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Unum Group Stock Down 0.0%

Shares of NYSE:UNM opened at $92.31 on Monday. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market cap of $14.75 billion, a P/E ratio of 20.07, a P/E/G ratio of 0.93 and a beta of 0.25. The firm has a fifty day moving average price of $85.37 and a 200 day moving average price of $79.03.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. 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 prior year, the company earned $2.04 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts predict that Unum Group will post 8.77 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 given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, April 24th. Unum Group’s payout ratio is 40.00%.

Analysts Set New Price Targets

Several equities research analysts recently commented on UNM shares. Wells Fargo & Company lifted their price target on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. UBS Group raised their price objective on Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Bank of America decreased their target price on Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Unum Group has an average rating of “Moderate Buy” and an average price target of $94.00.

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.