Unum (UNM)

Company Profile

Unum Group provides a broad portfolio of financial protection benefits and services through the workplace, and is a leading provider of disability income protection worldwide. Through its Unum US, Unum UK, Unum Poland, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of $13.2 billion in 2020 and provided $7.6 billion in benefits.

Company profile

Ticker

UNM, UNMA

Exchange

NYSE

Website

www.unum.com

CEO

Richard McKenney

Incorporated

Delaware

Location

Tennessee

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Life Insurance Carriers

Industry (SIC)

Accident & Health Insurance

Aflac • CNO Financial • Partnerre • Triple-s Management • Principal Financial Group Inc - Registered Shares ...

Former names

PROVIDENT COMPANIES INC /DE/, PROVIDENT COMPANIES INC /TN/, PROVIDENT LIFE & ACCIDENT INSURANCE CO OF AMERICA, UNUMPROVIDENT CORP

SEC CIK

0000005513

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

AlwaysCare Benefits, Inc. • Claims Services International Limited • Colonial Life & Accident Insurance Company • Duncanson & Holt Europe Ltd. • Duncanson & Holt, Inc. • Fairwind Insurance Company • First Look Vision Network, L.L.C. • First Unum Life Insurance Company • H&J Capital, L.L.C. • LeaveLogic, Inc. ...

IRS number

621598430

UNM stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$50.20

Low target

$46.00

High target

$53.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

8-K

Regulation FD Disclosure

9 Mar 23

8-K

Amendments to Articles of Incorporation or Bylaws

7 Mar 23

8-K

Departure of Directors or Certain Officers

27 Feb 23

S-8

Registration of securities for employees

23 Feb 23

Regulation FD Disclosure

22 Feb 23

8-K

Unum Group Reports Fourth Quarter 2022 Results

2 Nov 22

Unum Group Reports Third Quarter 2022 Results

1 Nov 22

Transcripts

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UNM

Earnings call transcript

2022 Q4

1 Feb 23

UNM

Earnings call transcript

2022 Q3

2 Nov 22

UNM

Earnings call transcript

2022 Q2

3 Aug 22

UNM

Earnings call transcript

2022 Q1

6 May 22

UNM

Earnings call transcript

2021 Q4

2 Feb 22

UNM

Earnings call transcript

2021 Q3

3 Nov 21

UNM

Earnings call transcript

2021 Q2

4 Aug 21

UNM

Earnings call transcript

2021 Q1

6 May 21

UNM

Earnings call transcript

2020 Q4

5 Feb 21

UNM

Earnings call transcript

2020 Q3

28 Oct 20

Latest ownership filings

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Financial summary

Financial statements Chart UNM financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	119.20 mm	119.20 mm	119.20 mm	119.20 mm	119.20 mm	119.20 mm
Cash burn (monthly)	8.03 mm	2.68 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	24.24 mm	8.10 mm	n/a	n/a	n/a	n/a
Cash remaining	94.96 mm	111.10 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	11.8	41.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Unum earnings reports.

Institutional ownership, Q4 2022

UNM institutional ownership history Ownership history

85.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	516	480	+7.5%
Opened positions	84	67	+25.4%
Closed positions	48	65	-26.2%
Increased positions	168	162	+3.7%
Reduced positions	181	177	+2.3%

13F shares	Current	Prev Q	Change
Total value	6.85 tn	5.88 bn	+116352.9%
Total shares	168.27 mm	151.49 mm	+11.1%
Total puts	739.50 k	812.00 k	-8.9%
Total calls	1.17 mm	1.49 mm	-21.6%
Total put/call ratio	0.6	0.5	+16.2%

Largest owners	Shares	Value	Change
BLK Blackrock	24.77 mm	$1.02 tn	+7.6%
Vanguard	19.43 mm	$797.29 bn	-0.9%
FMR	17.80 mm	$730.41 bn	-1.0%
Norges Bank	10.39 mm	$426.46 bn	NEW
Dimensional Fund Advisors	8.38 mm	$342.70 bn	-4.1%
STT State Street	7.00 mm	$287.16 bn	NEW
Charles Schwab Investment Management	4.81 mm	$197.28 bn	+4.2%
MS Morgan Stanley	3.95 mm	$162.03 bn	-0.1%
Donald Smith & Co.	3.81 mm	$156.18 bn	-12.5%
Viking Global Investors	3.43 mm	$140.79 bn	-32.4%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	10.39 mm	+10.39 mm	NEW
STT State Street	7.00 mm	+7.00 mm	NEW
BLK Blackrock	24.77 mm	+1.76 mm	+7.6%
Moore Capital Management	0.00	-1.66 mm	EXIT
Viking Global Investors	3.43 mm	-1.64 mm	-32.4%
Acadian Asset Management	1.39 mm	+1.07 mm	+335.7%
Aqr Capital Management	2.50 mm	+973.31 k	+63.6%
Bain Capital Public Equity Management II	0.00	-940.00 k	EXIT
Boone Capital Management	671.53 k	+671.53 k	NEW
Donald Smith & Co.	3.81 mm	-545.20 k	-12.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UNM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Mar 23	Larson Gloria C	Common Stock	Buy	Acquire P	No	No	39.78	3,270	130.08 k	119,846
3 Mar 23	Lisa G Iglesias	Common Stock	Sell	Dispose S	No	No	45.2772	10,028	454.04 k	53,305
2 Mar 23	Lisa G Iglesias	Common Stock	Sell	Dispose S	No	No	45.0177	14,972	674.01 k	63,333
1 Mar 23	Elizabeth Claire Ahmed	Common Stock	Grant	Acquire A	No	No	0	8,449	0.00	60,386
1 Mar 23	Elizabeth Claire Ahmed	Common Stock	Payment of exercise	Dispose F	No	No	45.57	1,571	71.59 k	51,937
1 Mar 23	Elizabeth Claire Ahmed	Common Stock	Payment of exercise	Dispose F	No	No	45.57	1,343	61.20 k	53,508
1 Mar 23	Elizabeth Claire Ahmed	Common Stock	Payment of exercise	Dispose F	No	No	45.57	821	37.41 k	54,851
1 Mar 23	Timothy Gerald Arnold	Common Stock	Grant	Acquire A	No	No	0	7,200	0.00	107,044
1 Mar 23	Timothy Gerald Arnold	Common Stock	Payment of exercise	Dispose F	No	No	45.57	1,836	83.67 k	99,844
1 Mar 23	Timothy Gerald Arnold	Common Stock	Payment of exercise	Dispose F	No	No	45.57	1,732	78.93 k	101,680