Zurcher Kantonalbank Zurich Cantonalbank Sells 343,703 Shares of Unum Group $UNM

Key Points

• Zurcher Kantonalbank cut its Unum stake by 81.6%, selling 343,703 shares in Q4 and leaving 77,338 shares valued at about $5.99 million.
• Unum missed quarterly expectations—EPS $1.92 vs. $2.11 consensus and revenue $3.25B vs. $3.29B—while setting FY2026 guidance of $8.60–$8.90 per share (analysts' consensus ~8.74).
• Company insiders sold 21,852 shares (~$1.59 million) during the quarter, including transactions by directors Cynthia Egan and Timothy Keaney, while institutional ownership remains high at about 86.6%.

Zurcher Kantonalbank Zurich Cantonalbank lessened its holdings in Unum Group (NYSE:UNM - Free Report) by 81.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,338 shares of the financial services provider's stock after selling 343,703 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Unum Group were worth $5,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. First Trust Advisors LP grew its stake in Unum Group by 4.0% in the 3rd quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider's stock valued at $446,063,000 after purchasing an additional 223,095 shares during the period. Dimensional Fund Advisors LP grew its stake in Unum Group by 5.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,777,880 shares of the financial services provider's stock valued at $293,837,000 after purchasing an additional 179,401 shares during the period. Allianz Asset Management GmbH grew its stake in Unum Group by 63.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider's stock valued at $195,704,000 after purchasing an additional 978,937 shares during the period. AQR Capital Management LLC grew its stake in Unum Group by 35.1% in 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 period. Finally, UBS Group AG grew its stake in Unum Group by 5.3% in the 3rd quarter. UBS Group AG now owns 1,287,959 shares of the financial services provider's stock valued at $100,177,000 after purchasing an additional 64,681 shares during the period. Institutional investors own 86.57% of the company's stock.

Insider Buying and Selling

In related news, Director Cynthia Egan sold 9,000 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $73.00, for a total transaction of $657,000.00. Following the sale, the director owned 42,846 shares of the company's stock, valued at approximately $3,127,758. This represents a 17.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Timothy F. Keaney sold 4,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total value of $326,610.00. Following the sale, the director directly owned 38,592 shares in the company, valued at $2,801,007.36. This trade represents a 10.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 21,852 shares of company stock worth $1,590,734. Company insiders own 0.92% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research upgraded Unum Group from a "strong sell" rating to a "hold" rating in a research note on Monday, April 6th. Jefferies Financial Group restated a "buy" rating and issued a $115.00 price objective on shares of Unum Group in a research note on Monday, January 5th. Keefe, Bruyette & Woods reiterated a "moderate buy" rating and set a $95.00 price target on shares of Unum Group in a research note on Thursday, March 26th. Evercore set a $103.00 price target on Unum Group in a research note on Friday, February 6th. Finally, Bank of America cut their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $92.91.

Unum Group Stock Down 0.5%

UNM stock opened at $77.40 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 0.37. The company has a market capitalization of $12.50 billion, a price-to-earnings ratio of 18.21, a PEG ratio of 1.59 and a beta of 0.19. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $83.13. The stock has a fifty day moving average of $74.44 and a 200-day moving average of $75.69.

Unum Group (NYSE:UNM - Get Free Report) last issued its quarterly earnings data 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 company 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 for the quarter was up .2% on a year-over-year basis. During the same period last year, the company posted $2.03 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, equities research analysts predict that Unum Group will post 8.74 earnings per share for the current year.

Unum Group Dividend Announcement

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

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.

Want to see what other hedge funds are holding UNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unum Group (NYSE:UNM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.