Unum Group $UNM Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in shares of Unum Group (NYSE:UNM) by 18.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,624 shares of the financial services provider’s stock after purchasing an additional 11,513 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Unum Group were worth $5,946,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Stratos Wealth Partners LTD. increased its stake in shares of Unum Group by 28.3% in the first quarter. Stratos Wealth Partners LTD. now owns 3,802 shares of the financial services provider’s stock worth $310,000 after acquiring an additional 838 shares during the period. HighTower Advisors LLC increased its stake 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 acquiring an additional 201 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Unum Group in the first quarter worth $646,000. Royal Bank of Canada increased its stake in shares of Unum Group by 0.5% in the first quarter. Royal Bank of Canada now owns 1,416,124 shares of the financial services provider’s stock worth $115,358,000 after acquiring an additional 6,648 shares during the period. Finally, Asset Management One Co. Ltd. increased its stake in shares of Unum Group by 88.4% in the first quarter. Asset Management One Co. Ltd. now owns 17,302 shares of the financial services provider’s stock worth $1,409,000 after acquiring an additional 8,120 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Performance

UNM opened at $75.37 on Tuesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.31. The company has a market cap of $12.84 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 1.28 and a beta of 0.36. Unum Group has a 52-week low of $61.37 and a 52-week high of $84.48. The firm’s fifty day simple moving average is $73.37 and its two-hundred day simple moving average is $76.96.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.16). The company had revenue of $3.36 billion for 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%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.16 earnings per share. Unum Group has set its FY 2025 guidance at 8.500-8.50 EPS. Equities analysts anticipate that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 24th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 24th. Unum Group’s dividend payout ratio (DPR) is presently 22.01%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Unum Group in a research note on Wednesday, October 8th. Barclays increased their price objective on shares of Unum Group from $92.00 to $95.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Morgan Stanley increased their price objective on shares of Unum Group from $79.00 to $81.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Evercore ISI lowered their price target on shares of Unum Group from $100.00 to $96.00 and set an “outperform” rating on the stock in a report on Wednesday, July 30th. Finally, Wolfe Research upgraded shares of Unum Group to a “strong-buy” rating in a research report on Tuesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Unum Group currently has an average rating of “Moderate Buy” and an average target price of $93.23.

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.