Fox Run Management L.L.C. Invests $1.40 Million in Unum Group $UNM

Fox Run Management L.L.C. purchased a new stake in Unum Group (NYSE:UNM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,929 shares of the financial services provider’s stock, valued at approximately $1,395,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. OneDigital Investment Advisors LLC increased its holdings in Unum Group by 4.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 141 shares in the last quarter. NDVR Inc. grew its holdings in shares of Unum Group by 3.3% during the second quarter. NDVR Inc. now owns 4,526 shares of the financial services provider’s stock worth $366,000 after purchasing an additional 145 shares during the last quarter. True Wealth Design LLC increased its stake in shares of Unum Group by 36.2% in the third quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after buying an additional 156 shares during the period. Waterfront Wealth Inc. raised its holdings in Unum Group by 0.5% in the 2nd quarter. Waterfront Wealth Inc. now owns 29,350 shares of the financial services provider’s stock valued at $2,370,000 after buying an additional 158 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in Unum Group by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider’s stock valued at $3,813,000 after buying an additional 160 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Insider Activity

In related news, CAO Walter Lynn Rice, Jr. sold 900 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $73.50, for a total transaction of $66,150.00. Following the transaction, the chief accounting officer owned 8,940 shares in the company, valued at $657,090. The trade was a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy F. Keaney sold 4,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction 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. The trade was a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 14,400 shares of company stock worth $1,049,760 in the last quarter. 0.93% of the stock is owned by corporate insiders.

Unum Group Stock Performance

Shares of Unum Group stock opened at $71.59 on Wednesday. The business has a 50-day moving average price of $76.33 and a two-hundred day moving average price of $75.28. Unum Group has a 1-year low of $66.81 and a 1-year high of $84.48. 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 company has a market cap of $11.72 billion, a P/E ratio of 16.85, a PEG ratio of 1.58 and a beta of 0.20.

Unum Group (NYSE:UNM) last announced its 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 the consensus estimate of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter 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, analysts anticipate that Unum Group will post 9.14 EPS for the current year.

Unum Group declared that its board has authorized a share repurchase program on Thursday, December 4th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to repurchase up to 8.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Unum Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, January 30th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $1.84 annualized dividend and a dividend yield of 2.6%. Unum Group’s dividend payout ratio (DPR) is 43.29%.

Wall Street Analysts Forecast Growth

UNM has been the subject of several recent research reports. Citigroup restated a “market perform” rating on shares of Unum Group in a research report on Thursday, December 18th. Barclays restated an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Weiss Ratings lowered Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. reduced their price target on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Finally, UBS Group decreased their price target on Unum Group from $85.00 to $81.00 and set a “neutral” rating for the company in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.75.

About Unum Group

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.