Cwm LLC Reduces Position in Unum Group $UNM

Cwm LLC cut its position in Unum Group (NYSE:UNM) by 29.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,257 shares of the financial services provider’s stock after selling 12,621 shares during the period. Cwm LLC’s holdings in Unum Group were worth $2,345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of UNM. First Trust Advisors LP lifted its holdings in Unum Group by 4.0% during the 3rd quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock worth $446,063,000 after buying an additional 223,095 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Unum Group by 5.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,777,880 shares of the financial services provider’s stock worth $293,837,000 after purchasing an additional 179,401 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in Unum Group by 63.7% during the third quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock worth $195,704,000 after purchasing an additional 978,937 shares during the last quarter. AQR Capital Management LLC lifted its stake in Unum Group by 35.1% during the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after purchasing an additional 607,684 shares during the last quarter. Finally, UBS Group AG lifted its stake in Unum Group by 5.3% during the third quarter. UBS Group AG now owns 1,287,959 shares of the financial services provider’s stock worth $100,177,000 after purchasing an additional 64,681 shares during the last quarter. 86.57% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Unum Group

In other news, Director Timothy F. Keaney sold 4,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $72.58, for a total value of $326,610.00. Following the completion of the sale, the director directly owned 38,592 shares of the company’s stock, valued at approximately $2,801,007.36. This represents a 10.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Cynthia Egan sold 9,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total transaction of $657,000.00. Following the completion of the sale, the director directly owned 42,846 shares of the company’s stock, valued at $3,127,758. The trade was a 17.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,852 shares of company stock valued at $1,590,734 over the last ninety days. 0.92% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on UNM shares. 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 note on Tuesday, April 14th. Jefferies Financial Group restated a “buy” rating and set a $115.00 target price on shares of Unum Group in a research note on Monday, January 5th. Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Barclays reaffirmed an “overweight” rating on shares of Unum Group in a research report on Friday, February 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a research report on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $92.91.

Unum Group Stock Performance

Shares of UNM opened at $77.40 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34. The firm has a market cap of $12.50 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 1.59 and a beta of 0.19. The company’s 50 day simple moving average is $74.44 and its 200-day simple moving average is $75.69. Unum Group has a 12-month low of $68.28 and a 12-month high of $83.13.

Unum Group (NYSE:UNM) last announced its earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 return on equity of 12.62% and a net margin of 5.65%.The business’s revenue was up .2% on a year-over-year basis. During the same quarter last year, the business posted $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, equities analysts predict that Unum Group will post 8.74 EPS for the current year.

Unum Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, April 24th. Unum Group’s dividend payout ratio is presently 43.29%.

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.