TABR Capital Management LLC Makes New Investment in Unum Group $UNM

TABR Capital Management LLC bought a new position in Unum Group (NYSE:UNM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 74,430 shares of the financial services provider’s stock, valued at approximately $5,768,000. Unum Group comprises about 1.5% of TABR Capital Management LLC’s holdings, making the stock its 19th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of UNM. Optas LLC purchased a new stake in Unum Group during the 4th quarter valued at about $228,000. Sterling Investment Counsel LLC bought a new position in shares of Unum Group in the fourth quarter worth approximately $215,000. Seeds Investor LLC grew its holdings in shares of Unum Group by 6.0% during the fourth quarter. Seeds Investor LLC now owns 4,070 shares of the financial services provider’s stock valued at $315,000 after buying an additional 232 shares during the last quarter. Lecap Asset Management Ltd. purchased a new stake in shares of Unum Group during the fourth quarter valued at approximately $1,672,000. Finally, Whittier Trust Co. increased its position in shares of Unum Group by 266.0% during the fourth quarter. Whittier Trust Co. now owns 1,186 shares of the financial services provider’s stock valued at $93,000 after acquiring an additional 862 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors.

Unum Group Stock Down 0.5%

Unum Group stock opened at $78.80 on Wednesday. Unum Group has a one year low of $68.28 and a one year high of $83.13. The stock has a fifty day moving average of $74.07 and a 200 day moving average of $75.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market cap of $12.73 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 1.62 and a beta of 0.19.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.92 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.19). The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. Unum Group’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.03 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, sell-side analysts predict that Unum Group will post 8.74 EPS for the current year.

Unum Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is currently 43.29%.

Insider Buying and Selling at Unum Group

In other news, EVP Lisa G. Iglesias sold 3,500 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the sale, the executive vice president owned 29,453 shares of the company’s stock, valued at $2,150,069. The trade was a 10.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Timothy F. Keaney sold 4,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total value of $326,610.00. Following the completion of the sale, the director owned 38,592 shares of the company’s stock, valued at $2,801,007.36. This trade represents a 10.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,852 shares of company stock worth $1,590,734. 0.93% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on UNM shares. Wall Street Zen upgraded shares of Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Wells Fargo & Company cut their target price on Unum Group from $102.00 to $99.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Barclays restated an “overweight” rating on shares of Unum Group in a research note on Friday, February 6th. Evercore set a $103.00 price target on Unum Group in a report on Friday, February 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Unum Group has a consensus rating of “Moderate Buy” and an average target price of $92.91.

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.