Unum Group (NYSE:UNM – Get Free Report) EVP Lisa Iglesias sold 4,000 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $94.44, for a total transaction of $377,760.00. Following the completion of the transaction, the executive vice president owned 25,453 shares in the company, valued at approximately $2,403,781.32. This trade represents a 13.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Unum Group Stock Performance
UNM stock traded down $0.10 during mid-day trading on Friday, hitting $94.20. 1,959,297 shares of the company were exchanged, compared to its average volume of 1,493,083. The business has a 50 day simple moving average of $90.10 and a 200-day simple moving average of $83.69. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $14.91 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 0.98 and a beta of 0.27. Unum Group has a 1-year low of $69.02 and a 1-year high of $96.77.
Unum Group (NYSE:UNM – Get Free Report) last posted its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, meeting the consensus estimate of $2.16. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, equities analysts forecast that Unum Group will post 8.64 earnings per share for the current year.
Unum Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 24th were paid a $0.505 dividend. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, July 24th. This represents a $2.02 annualized dividend and a yield of 2.1%. Unum Group’s dividend payout ratio is presently 47.09%.
Hedge Funds Weigh In On Unum Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in UNM. SHP Wealth Management bought a new stake in shares of Unum Group during the 4th quarter valued at $25,000. MBM Wealth Consultants LLC bought a new position in shares of Unum Group in the first quarter worth $29,000. Triumph Capital Management bought a new position in shares of Unum Group in the third quarter worth $31,000. Ancora Advisors LLC raised its stake in Unum Group by 385.2% in 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 in the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new position in Unum Group in the fourth quarter valued at about $39,000. 86.57% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on UNM shares. Morgan Stanley lifted their target price on Unum Group from $87.00 to $92.00 and gave the stock an “equal weight” rating in a report on Monday, August 24th. JPMorgan Chase & Co. decreased their price target on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Weiss Ratings raised shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Evercore reiterated an “outperform” rating and issued a $106.00 price objective on shares of Unum Group in a research note on Tuesday, July 7th. Finally, UBS Group set a $94.00 price objective on shares of Unum Group in a report on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Unum Group currently has an average rating of “Moderate Buy” and an average target price of $99.42.
Check Out Our Latest Stock Analysis on Unum Group
About Unum Group
Unum Group is an insurance company that provides financial protection and employee benefits through workplace and individual products. Its offerings include disability insurance, life insurance, accident insurance, critical illness coverage, and related benefits designed to help individuals and families manage income loss and other financial risks.
The company serves employers, employees, and individual customers primarily in the United States, the United Kingdom, and Ireland. Its products are distributed through employers, insurance brokers, benefits advisers, and other intermediaries.
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