Landscape Capital Management L.L.C. Buys Shares of 16,581 Unum Group $UNM

Landscape Capital Management L.L.C. purchased a new stake in Unum Group (NYSE:UNM) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 16,581 shares of the financial services provider’s stock, valued at approximately $1,482,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNM. Laurel Wealth Advisors LLC purchased a new stake in shares of Unum Group during the 4th quarter valued at approximately $25,000. SHP Wealth Management purchased a new position in Unum Group in the fourth quarter worth approximately $25,000. MBM Wealth Consultants LLC purchased a new position in Unum Group in the first quarter worth approximately $29,000. Triumph Capital Management purchased a new position in Unum Group in the third quarter worth approximately $31,000. Finally, Ancora Advisors LLC increased its stake in Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 339 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Up 0.9%

Shares of NYSE UNM opened at $87.75 on Friday. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 0.93 and a beta of 0.26. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. Unum Group has a 52-week low of $68.70 and a 52-week high of $94.55. The business’s 50 day moving average is $89.38 and its two-hundred day moving average is $81.70.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The business had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period last year, the business posted $1.92 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Research analysts predict that Unum Group will post 8.65 EPS for the current year.

Unum Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were paid a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, July 24th. Unum Group’s payout ratio is currently 47.09%.

Analyst Ratings Changes

A number of research firms have commented on UNM. Weiss Ratings upgraded Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Evercore reiterated an “outperform” rating and set a $106.00 price target on shares of Unum Group in a report on Tuesday, July 7th. Truist Financial boosted their price objective on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Barclays upped their target price on shares of Unum Group from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Unum Group from $110.00 to $108.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $99.00.

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.