5 Best Dividend Stocks Billionaire Paul Tudor Jones Is Buying

4. Unum Group (NYSE:UNM)

Number of Hedge Fund Holders: 30
Dividend Yield as of February 3: 4.59%
Tudor Investment Corp’s Stake Value: $15,155,000

Unum Group (NYSE:UNM) is an American company that provides financial protection benefits to its consumers. Insider Monkey’s Q3 data showed that the hedge fund interest spiked in the company, as 30 hedge funds held a $350 million worth of stake in Unum Group (NYSE:UNM) in Q3, up from 23 hedge funds in the previous quarter.

In 2021, Unum Group (NYSE:UNM) hiked its quarterly dividend by 5.3% at $0.30 per share. The stock’s annual dividend yield stands at 4.59%. This December, Goldman Sachs initiated its coverage on Unum Group (NYSE:UNM) with a Buy rating and a $32 price target. In the past 12 months, the stock has delivered a 7.4% return to shareholders, as of the close of February 3.

Unum Group (NYSE:UNM) is one of the latest acquisitions of Tudor Investment Corp in Q3 2021. The hedge fund held shares worth over $15.1 million in the company, which represented 0.24% of its 13F portfolio.