Why Has Choreo LLC Adjusted Its Stake in Unum Group (NYSE:UNM)?

February 12, 2025 08:58 PM AEDT | By Team Kalkine Media

Why Has Choreo LLC Adjusted Its Stake in Unum Group (NYSE:UNM)? — Image source: Shutterstock

Institutional Holdings and Recent Adjustments

Several institutional investors have made changes to their positions in Unum Group. Versant Capital Management Inc. increased its holdings by over 26% in the fourth quarter, now owning 766 shares valued at $56,000. Similarly, Thurston Springer Miller Herd & Titak Inc. raised its stake by nearly 29%, acquiring 800 shares valued at $58,000.

CIBC Asset Management Inc. expanded its holdings by 3.4% in the third quarter, now holding 5,551 shares valued at $330,000. V Square Quantitative Management LLC also strengthened its position, increasing its stake by over 38% to 702 shares, worth approximately $42,000. Meanwhile, Brooklyn Investment Group grew its stake by over 3% during the same period, acquiring 6,592 shares valued at $392,000.

Broader Institutional Interest

A significant percentage of Unum Group is held by institutional investors. Recent data shows that institutional ownership accounts for over 86% of the company's outstanding shares. This level of ownership suggests strong participation from major investment firms, which continuously reassess their positions in the company.

Unum Group’s Role in the Financial Sector

Unum Group provides financial protection services, including disability insurance, life insurance, and supplemental benefits. The company has maintained a strong presence in the insurance industry, offering solutions tailored to businesses and individuals.

With various institutions actively managing their positions in the company, Unum Group remains a focus within the financial services sector. The adjustments made by Choreo LLC and other institutional investors highlight ongoing interest in the company's financial activities.

Market Presence and Industry Position

Unum Group continues to play a key role in financial protection services. The company’s diversified offerings and established presence contribute to its ongoing relevance in the industry. Institutional activity surrounding Unum Group, including stake increases and decreases, reflects ongoing portfolio adjustments among major investment firms.

With its established position in the insurance sector and sustained institutional interest, Unum Group remains an entity of focus within financial services. Investors continue to make strategic decisions regarding their holdings, adjusting their positions in response to market conditions and business performance.

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