Horace Mann Educators Co. (NYSE:HMN) CFO Bret A. Conklin sold 2,938 shares of the company’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $42.81, for a total transaction of $125,775.78. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Horace Mann Educators Co. (NYSE HMN) traded up $0.93 during midday trading on Friday, reaching $44.50. 463,005 shares of the company traded hands, compared to its average volume of 121,927. The stock has a market capitalization of $1,814.71, a PE ratio of 25.72 and a beta of 0.99. Horace Mann Educators Co. has a 52-week low of $33.85 and a 52-week high of $47.65. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.20.
Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings results on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.09. The firm had revenue of $303.00 million during the quarter. Horace Mann Educators had a net margin of 14.46% and a return on equity of 5.17%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.52 earnings per share. equities research analysts predict that Horace Mann Educators Co. will post 2.3 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of HMN. BlackRock Inc. raised its position in Horace Mann Educators by 4.1% in the 4th quarter. BlackRock Inc. now owns 5,348,030 shares of the insurance provider’s stock valued at $235,848,000 after buying an additional 209,269 shares during the last quarter. Franklin Resources Inc. boosted its stake in Horace Mann Educators by 14.6% in the 4th quarter. Franklin Resources Inc. now owns 1,618,700 shares of the insurance provider’s stock worth $71,385,000 after purchasing an additional 206,085 shares during the period. Earnest Partners LLC boosted its stake in Horace Mann Educators by 2.9% in the 3rd quarter. Earnest Partners LLC now owns 1,577,320 shares of the insurance provider’s stock worth $62,068,000 after purchasing an additional 44,440 shares during the period. Channing Capital Management LLC boosted its stake in Horace Mann Educators by 12.9% in the 4th quarter. Channing Capital Management LLC now owns 1,377,548 shares of the insurance provider’s stock worth $60,750,000 after purchasing an additional 157,919 shares during the period. Finally, Millennium Management LLC boosted its stake in Horace Mann Educators by 188.8% in the 4th quarter. Millennium Management LLC now owns 607,893 shares of the insurance provider’s stock worth $26,808,000 after purchasing an additional 397,389 shares during the period. Hedge funds and other institutional investors own 98.26% of the company’s stock.
Several equities analysts recently commented on HMN shares. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Horace Mann Educators in a research note on Wednesday, December 6th. Zacks Investment Research downgraded shares of Horace Mann Educators from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Finally, ValuEngine raised shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Horace Mann Educators presently has an average rating of “Hold” and a consensus price target of $46.50.
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Horace Mann Educators Company Profile
Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States.
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