Qsemble Capital Management LP Has $4.38 Million Holdings in Unum Group $UNM

Key Points

• Qsemble Capital Management more than doubled its Unum Group position in the second quarter, acquiring 25,910 additional shares for a total holding valued at approximately $4.38 million. Institutional investors and hedge funds own 86.57% of Unum’s outstanding shares.
• Analysts maintain a generally favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $99.00, compared with the stock’s reported price of $93.41.
• Unum matched quarterly EPS expectations at $2.16 and reported $3.39 billion in revenue, while raising its quarterly dividend from $0.46 to $0.505 per share, equal to a 2.2% annualized yield.

Qsemble Capital Management LP raised its holdings in Unum Group (NYSE:UNM - Free Report) by 112.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,037 shares of the financial services provider's stock after buying an additional 25,910 shares during the period. Qsemble Capital Management LP's holdings in Unum Group were worth $4,384,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Unum Group during the 4th quarter worth approximately $1,108,919,000. Charles Schwab Investment Management Inc. raised its stake in Unum Group by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,653,246 shares of the financial services provider's stock valued at $438,127,000 after acquiring an additional 26,753 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Unum Group by 7.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,084,382 shares of the financial services provider's stock valued at $298,287,000 after purchasing an additional 292,670 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Unum Group by 35.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider's stock valued at $181,622,000 after purchasing an additional 607,684 shares during the last quarter. Finally, UBS Group AG boosted its position in Unum Group by 5.4% during the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider's stock worth $105,161,000 after purchasing an additional 68,957 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on UNM. Morgan Stanley upped their price objective on shares of Unum Group from $80.00 to $87.00 and gave the company an "equal weight" rating in a report on Thursday, May 21st. Truist Financial lifted their target price on shares of Unum Group from $88.00 to $96.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Wolfe Research reduced their target price on shares of Unum Group from $102.00 to $100.00 and set an "outperform" rating for the company in a report on Monday, July 6th. Jefferies Financial Group upped their price target on shares of Unum Group from $117.00 to $123.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Finally, Atlantic Securities set a $88.00 price target on shares of Unum Group in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Unum Group currently has a consensus rating of "Moderate Buy" and an average price target of $99.00.

Unum Group Price Performance

NYSE:UNM opened at $93.41 on Friday. Unum Group has a 52 week low of $68.28 and a 52 week high of $94.55. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. The firm's 50-day simple moving average is $89.51 and its 200 day simple moving average is $81.26. The firm has a market cap of $14.79 billion, a price-to-earnings ratio of 21.77, a P/E/G ratio of 0.98 and a beta of 0.26.

Unum Group (NYSE:UNM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the previous year, the firm posted $1.92 EPS. The business's revenue for the quarter was up .3% compared to the same quarter last year. 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 8.65 earnings per share for the current year.

Unum Group Increases Dividend

The business 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 represents a $2.02 annualized dividend and a dividend yield of 2.2%. This is an increase from Unum Group's previous quarterly dividend of $0.46. The ex-dividend date was Friday, July 24th. Unum Group's dividend payout ratio is presently 47.09%.

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.

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