Horace Mann Educators Co. (NYSE:HMN) Director Beverley J. Mcclure sold 450 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $45.46, for a total value of $20,457.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
HMN opened at $44.50 on Friday. The stock has a 50-day moving average price of $45.17 and a 200-day moving average price of $41.49. Horace Mann Educators Co. has a 12-month low of $34.38 and a 12-month high of $48.15. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.83 billion, a P/E ratio of 52.98 and a beta of 0.63.
Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Monday, August 5th. The insurance provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. Horace Mann Educators had a return on equity of 2.54% and a net margin of 8.73%. The firm had revenue of $451.50 million during the quarter. On average, equities research analysts predict that Horace Mann Educators Co. will post 2.15 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.287 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date was Friday, September 13th. Horace Mann Educators’s payout ratio is currently 169.12%.
Institutional investors and hedge funds have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan boosted its holdings in Horace Mann Educators by 2.2% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 12,260 shares of the insurance provider’s stock valued at $494,000 after acquiring an additional 260 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Horace Mann Educators by 1.9% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 16,156 shares of the insurance provider’s stock valued at $651,000 after acquiring an additional 300 shares during the period. US Bancorp DE boosted its holdings in Horace Mann Educators by 11.2% during the 2nd quarter. US Bancorp DE now owns 3,416 shares of the insurance provider’s stock valued at $137,000 after acquiring an additional 343 shares during the period. ETRADE Capital Management LLC boosted its holdings in Horace Mann Educators by 3.0% during the 2nd quarter. ETRADE Capital Management LLC now owns 12,681 shares of the insurance provider’s stock valued at $511,000 after acquiring an additional 372 shares during the period. Finally, Holocene Advisors LP boosted its holdings in Horace Mann Educators by 5.5% during the 2nd quarter. Holocene Advisors LP now owns 7,715 shares of the insurance provider’s stock valued at $311,000 after acquiring an additional 405 shares during the period.
About Horace Mann Educators
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through four segments: Property and Casualty, Retirement, Life, and Corporate and Other. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products.
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