Unum Group (NYSE:UNM) Shares Sold by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. decreased its stake in Unum Group (NYSE:UNM) by 27.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,975 shares of the financial services provider’s stock after selling 1,152 shares during the period. Blackhawk Capital Partners LLC.’s holdings in Unum Group were worth $217,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of UNM. Barrett & Company Inc. grew its position in Unum Group by 300.0% in the fourth quarter. Barrett & Company Inc. now owns 396 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 297 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Unum Group during the 4th quarter valued at $38,000. Capital Performance Advisors LLP purchased a new stake in Unum Group during the 3rd quarter worth $31,000. Versant Capital Management Inc boosted its position in Unum Group by 26.4% in the 4th quarter. Versant Capital Management Inc now owns 766 shares of the financial services provider’s stock valued at $56,000 after buying an additional 160 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Unum Group by 28.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 800 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 179 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Timothy Gerald Arnold sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $76.92, for a total value of $769,200.00. Following the sale, the executive vice president now owns 54,827 shares in the company, valued at approximately $4,217,292.84. This trade represents a 15.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.93% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Evercore ISI upgraded Unum Group from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $67.00 to $84.00 in a research note on Thursday, November 14th. Truist Financial upped their target price on Unum Group from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company raised their price target on shares of Unum Group from $81.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 19th. StockNews.com cut shares of Unum Group from a “buy” rating to a “hold” rating in a report on Monday. Finally, Jefferies Financial Group raised their price objective on shares of Unum Group from $91.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $81.17.

Unum Group Trading Up 0.9 %

NYSE UNM opened at $74.74 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.28 and a current ratio of 0.29. Unum Group has a one year low of $48.38 and a one year high of $79.43. The company has a 50-day simple moving average of $74.30 and a 200-day simple moving average of $67.10. The firm has a market capitalization of $13.65 billion, a PE ratio of 7.89, a price-to-earnings-growth ratio of 1.14 and a beta of 0.80.

Unum Group (NYSE:UNM) last issued its earnings results on Tuesday, February 4th. The financial services provider reported $2.03 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.11). Unum Group had a net margin of 13.81% and a return on equity of 14.91%. On average, equities analysts forecast that Unum Group will post 9.14 earnings per share for the current year.

Unum Group declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 18th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 7.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 24th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Friday, January 24th. Unum Group’s dividend payout ratio is presently 17.74%.

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.