Unum Group (NYSE: UNM) is 62.76% higher on its value in year-to-date trading and has touched a low of $43.26 and a high of $77.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNM stock was last observed hovering at around $72.92 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $73.60, the stock is -1.40% and 7.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing 0.93% at the moment leaves the stock 29.61% off its SMA200. UNM registered 62.40% gain for a year compared to 6-month gain of 47.97%. The firm has a 50-day simple moving average (SMA 50) of $68.137 and a 200-day simple moving average (SMA200) of $56.6665.
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The stock witnessed a 3.23% loss in the last 1 month and extending the period to 3 months gives it a 33.77%, and is -3.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.02% over the week and 1.55% over the month.
Unum Group (UNM) has around 10812 employees, a market worth around $13.44B and $12.82B in sales. Current P/E ratio is 7.97 and Fwd P/E is 8.12. Profit margin for the company is 13.74%. Distance from 52-week low is 70.15% and -5.19% from its 52-week high. The company has generated returns on investments over the last 12 months (12.21%).
The EPS is expected to grow by 11.68% this year
828.0 institutions hold shares in Unum Group (UNM), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 184.50M, and float is at 181.04M with Short Float at 1.33%. Institutions hold 89.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.09 million shares valued at $1.03 billion. The investor’s holdings represent 10.4319 of the UNM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.33 million shares valued at $987.98 million to account for 10.0392 of the shares outstanding. The other top investors are FMR LLC which holds 16.27 million shares representing 8.4472 and valued at over $831.31 million, while NORGES BANK holds 7.6056 of the shares totaling 14.64 million with a market value of $748.48 million.
Unum Group (UNM) Insider Activity
The most recent transaction is an insider sale by Arnold Timothy Gerald, the company’s EVP, VB & President, Colonial. SEC filings show that Arnold Timothy Gerald sold 10,000 shares of the company’s common stock on Nov 27 ’24 at a price of $76.92 per share for a total of $0.77 million. Following the sale, the insider now owns 54827.0 shares.
Still, SEC filings show that on Nov 21 ’24, McKenney Richard P (President and CEO) disposed off 58,865 shares at an average price of $75.39 for $4.44 million. The insider now directly holds 1,007,003 shares of Unum Group (UNM).
