Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $52.03, for a total transaction of $390,225.00. Following the transaction, the chief executive officer owned 307,129 shares in the company, valued at approximately $15,979,921.87. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marita Zuraitis also recently made the following trade(s):
- On Wednesday, July 1st, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $52.62, for a total transaction of $394,650.00.
- On Tuesday, June 2nd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.25, for a total transaction of $346,875.00.
- On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total transaction of $646.10.
Horace Mann Educators Stock Performance
Shares of NYSE:HMN opened at $52.03 on Thursday. The firm has a 50 day moving average of $50.48 and a 200 day moving average of $46.23. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 13.07 and a beta of 0.08. Horace Mann Educators Corporation has a 52 week low of $41.29 and a 52 week high of $55.56.
Horace Mann Educators Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.36 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a yield of 2.8%. Horace Mann Educators’s payout ratio is currently 36.18%.
Institutional Investors Weigh In On Horace Mann Educators
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wasatch Advisors LP acquired a new position in Horace Mann Educators during the 2nd quarter valued at approximately $72,363,000. Ameriprise Financial Inc. grew its holdings in shares of Horace Mann Educators by 51.6% during the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock valued at $29,971,000 after buying an additional 225,800 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Horace Mann Educators by 310.0% during the third quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock valued at $12,427,000 after buying an additional 208,014 shares during the last quarter. Invesco Ltd. increased its position in shares of Horace Mann Educators by 32.0% in the 3rd quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock valued at $29,164,000 after acquiring an additional 156,652 shares during the period. Finally, Edgestream Partners L.P. increased its position in shares of Horace Mann Educators by 621.0% in the 1st quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock valued at $6,961,000 after acquiring an additional 140,481 shares during the period. 99.28% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Horace Mann Educators currently has an average rating of “Strong Buy”.
Get Our Latest Stock Analysis on Horace Mann Educators
Horace Mann Educators Company Profile
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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