Intech Investment Management LLC grew its stake in shares of Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 57.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 37,791 shares of the insurance provider’s stock after acquiring an additional 13,840 shares during the period. Intech Investment Management LLC’s holdings in Horace Mann Educators were worth $1,745,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of HMN. Aster Capital Management DIFC Ltd acquired a new stake in shares of Horace Mann Educators during the 3rd quarter valued at $29,000. Smartleaf Asset Management LLC lifted its position in shares of Horace Mann Educators by 49.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 232 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Horace Mann Educators by 222.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after acquiring an additional 627 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Horace Mann Educators by 181.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock valued at $57,000 after acquiring an additional 855 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Horace Mann Educators during the 3rd quarter valued at $117,000. Institutional investors and hedge funds own 99.28% of the company’s stock.
Horace Mann Educators Price Performance
Shares of NYSE:HMN opened at $45.56 on Friday. The company’s fifty day moving average is $45.03 and its two-hundred day moving average is $44.49. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 12-month low of $40.04 and a 12-month high of $48.33. The company has a market cap of $1.84 billion, a P/E ratio of 11.45 and a beta of 0.11.
Horace Mann Educators Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.36 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a yield of 3.2%. Horace Mann Educators’s dividend payout ratio is currently 36.18%.
Insiders Place Their Bets
In other Horace Mann Educators news, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the sale, the director directly owned 14,797 shares in the company, valued at $629,464.38. This represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $46.25, for a total transaction of $346,875.00. Following the sale, the chief executive officer owned 307,812 shares of the company’s stock, valued at $14,236,305. This trade represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,581 shares of company stock valued at $1,085,204 over the last quarter. 3.60% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on HMN shares. Wall Street Zen downgraded Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings upgraded Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.50.
Read Our Latest Analysis on Horace Mann Educators
About Horace Mann Educators
Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.
In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.
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