Hudson Bay Capital Management LP Purchases 26,385 Shares of Unum Group $UNM

Hudson Bay Capital Management LP raised its holdings in shares of Unum Group (NYSE:UNM) by 26.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,981 shares of the financial services provider’s stock after purchasing an additional 26,385 shares during the quarter. Hudson Bay Capital Management LP owned approximately 0.08% of Unum Group worth $9,954,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UNM. Triumph Capital Management bought a new stake in shares of Unum Group in the third quarter valued at approximately $31,000. Ancora Advisors LLC boosted its holdings in Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after buying an additional 339 shares during the period. Vermillion & White Wealth Management Group LLC grew its stake in Unum Group by 44.0% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 537 shares of the financial services provider’s stock valued at $43,000 after buying an additional 164 shares in the last quarter. True Wealth Design LLC grew its stake in Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after buying an additional 156 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its holdings in Unum Group by 2,350.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 564 shares during the period. Institutional investors own 86.57% of the company’s stock.

Insider Transactions at Unum Group

In other news, EVP Lisa G. Iglesias sold 3,500 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $73.00, for a total value of $255,500.00. Following the completion of the transaction, the executive vice president directly owned 29,453 shares in the company, valued at approximately $2,150,069. This represents a 10.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Cynthia Egan sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total value of $657,000.00. Following the transaction, the director directly owned 42,846 shares in the company, valued at approximately $3,127,758. This represents a 17.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 21,852 shares of company stock worth $1,590,734. 0.92% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wells Fargo & Company dropped their target price on Unum Group from $104.00 to $102.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Barclays reiterated an “overweight” rating on shares of Unum Group in a research report on Friday, February 6th. JPMorgan Chase & Co. decreased their price objective on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Citigroup restated a “market perform” rating on shares of Unum Group in a research note on Thursday, December 18th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 target price on shares of Unum Group in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.40.

Unum Group Price Performance

Shares of NYSE:UNM opened at $72.95 on Friday. The company’s fifty day moving average price is $74.41 and its 200-day moving average price is $75.60. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 17.16, a PEG ratio of 1.61 and a beta of 0.20. Unum Group has a one year low of $66.81 and a one year high of $84.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.37 and a quick ratio of 0.37.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.19). Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The company had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter last year, the business posted $2.03 EPS. The business’s quarterly revenue was up .2% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, equities research analysts anticipate that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group announced that its Board of Directors has authorized a share buyback program on Thursday, December 4th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to purchase up to 8.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, January 30th were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $1.84 annualized dividend and a yield of 2.5%. Unum Group’s 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.