Unum (UNM)

• Market cap: $13.1B
• 1 day: 1.48%
• 5 days: -1.93%
• 1 month: -0.84%
• 3 months: 25.56%
• 6 months: 43.05%
• Year to date: 57.57%
• 1 year: 61.89%
• 5 years: 144.85%
• 10 years: 105.57%
• Sector: Financials
• Industry: Accident & Health Insurance

About: Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Employees: 10,812

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 49

7% more funds holding

Funds holding: 572 [Q2] → 614 (+42) [Q3]

5% more call options, than puts

Call options by funds: $50.3M | Put options by funds: $48.1M

2% more repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 217

0% less capital invested

Capital invested by funds: $8.45B [Q2] → $8.41B (-$35.9M) [Q3]

11.03% less ownership

Funds ownership: 87.29% [Q2] → 76.26% (-11.03%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $63 13% downside
• Avg. target: $73 1% upside
• High target: $96 33% upside

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target	14% upside $82	Overweight Maintained	18 Dec 2024
Jefferies Suneet Kamath 50% 1-year accuracy 10 / 20 met price target	33% upside $96	Buy Maintained	10 Dec 2024
Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target	4% upside $75	Buy Maintained	1 Nov 2024
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target	6% upside $76	Overweight Maintained	31 Oct 2024
Morgan Stanley Nigel Dally 90% 1-year accuracy 9 / 10 met price target	11% downside $64	Equal-Weight Maintained	30 Oct 2024