XML Financial LLC Decreases Holdings in Unum Group (NYSE:UNM)

XML Financial LLC trimmed its holdings in Unum Group (NYSE:UNM - Free Report) by 22.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,915 shares of the financial services provider's stock after selling 4,415 shares during the quarter. XML Financial LLC's holdings in Unum Group were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Capital Performance Advisors LLP bought a new stake in shares of Unum Group in the 3rd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Unum Group in the third quarter worth $37,000. V Square Quantitative Management LLC grew its stake in shares of Unum Group by 38.2% in the third quarter. V Square Quantitative Management LLC now owns 702 shares of the financial services provider's stock worth $42,000 after acquiring an additional 194 shares during the last quarter. William B. Walkup & Associates Inc. bought a new position in shares of Unum Group during the second quarter valued at $44,000. Finally, Quarry LP raised its position in shares of Unum Group by 4,794.7% in the 3rd quarter. Quarry LP now owns 930 shares of the financial services provider's stock worth $55,000 after purchasing an additional 911 shares during the last quarter. Institutional investors own 86.57% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on UNM. Bank of America raised their price objective on shares of Unum Group from $54.00 to $63.00 and gave the company a "neutral" rating in a research note on Thursday, October 10th. Barclays boosted their price objective on shares of Unum Group from $76.00 to $85.00 and gave the stock an "overweight" rating in a report on Monday, January 6th. Wells Fargo & Company increased their target price on Unum Group from $74.00 to $81.00 and gave the company an "overweight" rating in a research note on Tuesday, January 14th. Piper Sandler boosted their price target on Unum Group from $74.00 to $82.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Finally, UBS Group raised Unum Group to a "hold" rating in a research report on Wednesday, October 9th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $76.75.

Insider Transactions at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 5,000 shares of the company's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $64.16, for a total value of $320,800.00. Following the completion of the transaction, the executive vice president now owns 58,741 shares of the company's stock, valued at $3,768,822.56. This represents a 7.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Walter Lynn Rice, Jr. sold 1,500 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $69.56, for a total value of $104,340.00. Following the sale, the chief accounting officer now owns 8,361 shares of the company's stock, valued at $581,591.16. This represents a 15.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 107,914 shares of company stock valued at $7,998,745 over the last quarter. 0.93% of the stock is currently owned by company insiders.

Unum Group Stock Performance

Shares of NYSE:UNM traded up $0.20 during trading on Thursday, hitting $75.54. The company's stock had a trading volume of 1,013,388 shares, compared to its average volume of 1,119,499. The company has a 50-day moving average of $73.86 and a 200-day moving average of $63.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market cap of $13.79 billion, a price-to-earnings ratio of 8.18, a P/E/G ratio of 1.07 and a beta of 0.81. Unum Group has a 12 month low of $46.39 and a 12 month high of $77.63.

Unum Group (NYSE:UNM - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $2.13 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.03. The business had revenue of $3.22 billion for the quarter, compared to analysts' expectations of $3.26 billion. Unum Group had a net margin of 13.76% and a return on equity of 15.21%. The company's revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.94 EPS. On average, sell-side analysts expect that Unum Group will post 8.54 earnings per share for the current year.

Unum Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 24th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Friday, January 24th. Unum Group's payout ratio is 18.18%.

Unum Group Company 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.