Catalyst Funds Management Pty Ltd Cuts Stock Holdings in Unum Group $UNM

Catalyst Funds Management Pty Ltd decreased its position in shares of Unum Group (NYSE:UNM) by 68.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,600 shares of the financial services provider’s stock after selling 7,900 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Unum Group were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Christopher W. Pyne sold 4,852 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $72.47, for a total transaction of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares of the company’s stock, valued at approximately $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president directly owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This represents a 21.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,352 shares of company stock valued at $1,568,804. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Unum Group from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Truist Financial boosted their price objective 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. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. UBS Group boosted their price objective on shares of Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Finally, Morgan Stanley boosted their price objective on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $93.83.

Unum Group Stock Up 0.0%

Shares of UNM stock opened at $84.55 on Monday. Unum Group has a 12 month low of $68.28 and a 12 month high of $85.27. The stock has a market cap of $13.51 billion, a P/E ratio of 18.38, a P/E/G ratio of 0.86 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. The company has a 50 day simple moving average of $77.54 and a two-hundred day simple moving average of $76.40.

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 firm’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. On average, research analysts expect that Unum Group will post 8.74 earnings per share for the current year.

Unum Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, April 24th. Unum Group’s dividend payout ratio is currently 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.