4,373 Shares in Unum Group $UNM Bought by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC acquired 4,373 shares of Unum Group, valued at approximately $356,000, indicating growing interest in the financial services provider.
• Unum Group recently announced a dividend increase to $0.46 per share, up from $0.42, reflecting a commitment to returning value to shareholders.
• Analysts have a consensus rating of "Moderate Buy" on Unum Group, with a target price of $91.15, reflecting optimism despite a slight earnings miss in its latest quarterly report.

Focus Partners Advisor Solutions LLC acquired a new stake in shares of Unum Group (NYSE:UNM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,373 shares of the financial services provider's stock, valued at approximately $356,000.

Several other large investors have also recently bought and sold shares of UNM. Stratos Wealth Partners LTD. boosted its stake in Unum Group by 28.3% during the first quarter. Stratos Wealth Partners LTD. now owns 3,802 shares of the financial services provider's stock valued at $310,000 after buying an additional 838 shares during the period. Wellington Management Group LLP bought a new position in shares of Unum Group in the fourth quarter worth approximately $240,000. HighTower Advisors LLC increased its position in shares of Unum Group by 0.3% in the first quarter. HighTower Advisors LLC now owns 60,370 shares of the financial services provider's stock worth $4,918,000 after purchasing an additional 201 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Unum Group in the first quarter valued at approximately $646,000. Finally, Asset Management One Co. Ltd. lifted its position in Unum Group by 88.4% during the first quarter. Asset Management One Co. Ltd. now owns 17,302 shares of the financial services provider's stock valued at $1,409,000 after purchasing an additional 8,120 shares during the last quarter. 86.57% of the stock is owned by institutional investors.

Unum Group Stock Performance

Shares of Unum Group stock traded down $0.48 on Tuesday, hitting $73.21. 1,521,229 shares of the company's stock were exchanged, compared to its average volume of 1,296,112. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.30 and a current ratio of 0.30. The company has a 50-day simple moving average of $74.50 and a 200-day simple moving average of $77.53. The stock has a market capitalization of $12.47 billion, a PE ratio of 8.76, a PEG ratio of 1.24 and a beta of 0.38. Unum Group has a 1 year low of $52.71 and a 1 year high of $84.48.

Unum Group (NYSE:UNM - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $2.07 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.16). The business had revenue of $3.36 billion during the quarter, compared to analysts' expectations of $3.35 billion. Unum Group had a net margin of 11.77% and a return on equity of 13.44%. Unum Group's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.16 earnings per share. Unum Group has set its FY 2025 guidance at 8.500-8.50 EPS. As a group, equities analysts anticipate that Unum Group will post 9.14 EPS for the current year.

Unum Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 25th were given a $0.46 dividend. This is a positive change from Unum Group's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, July 25th. This represents a $1.84 annualized dividend and a yield of 2.5%. Unum Group's dividend payout ratio is presently 22.01%.

Analyst Ratings Changes

Several research analysts recently issued reports on UNM shares. Barclays set a $96.00 target price on shares of Unum Group and gave the stock an "overweight" rating in a research report on Monday, July 7th. Evercore ISI cut their price objective on Unum Group from $100.00 to $96.00 and set an "outperform" rating for the company in a report on Wednesday, July 30th. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $95.00 price objective (down from $100.00) on shares of Unum Group in a report on Thursday, July 31st. Piper Sandler upped their target price on Unum Group from $88.00 to $92.00 and gave the stock an "overweight" rating in a research note on Thursday, July 3rd. Finally, Morgan Stanley decreased their price target on shares of Unum Group from $85.00 to $79.00 and set an "equal weight" rating on the stock in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $91.15.

Unum Group Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.