Deutsche Bank AG Acquires 304,815 Shares of Unum Group $UNM

Deutsche Bank AG lifted its holdings in Unum Group (NYSE:UNM) by 601.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 355,483 shares of the financial services provider’s stock after buying an additional 304,815 shares during the period. Deutsche Bank AG’s holdings in Unum Group were worth $31,780,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new position in Unum Group in the fourth quarter worth about $25,000. SHP Wealth Management purchased a new stake in Unum Group during the fourth quarter valued at approximately $25,000. MBM Wealth Consultants LLC purchased a new stake in Unum Group during the first quarter valued at approximately $29,000. Triumph Capital Management bought a new stake in shares of Unum Group in the 3rd quarter valued at approximately $31,000. Finally, Ancora Advisors LLC boosted its holdings in shares of 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 purchasing an additional 339 shares during the period. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Unum Group Price Performance

UNM opened at $87.75 on Friday. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 0.92 and a beta of 0.26. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. Unum Group has a 12-month low of $68.70 and a 12-month high of $94.55. The business’s fifty day simple moving average is $89.38 and its 200-day simple moving average is $81.70.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, meeting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the company posted $1.92 earnings per share. The firm’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. On average, equities research analysts anticipate that Unum Group will post 8.65 earnings per share for the current fiscal year.

Unum Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UNM shares. Weiss Ratings upgraded Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Wells Fargo & Company increased their target price on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Atlantic Securities set a $88.00 target price on shares of Unum Group in a report on Wednesday, July 15th. JPMorgan Chase & Co. cut their price target on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $99.00.

Unum Group 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.