Horace Mann Educators Corporation (HMN) Holdings Increased by Rhumbline Advisers

Rhumbline Advisers raised its holdings in Horace Mann Educators Corporation (NYSE:HMN) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,734 shares of the insurance provider’s stock after buying an additional 2,538 shares during the quarter. Rhumbline Advisers owned approximately 0.25% of Horace Mann Educators worth $3,925,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Teachers Advisors LLC raised its position in shares of Horace Mann Educators by 2.6% in the 1st quarter. Teachers Advisors LLC now owns 68,456 shares of the insurance provider’s stock valued at $2,810,000 after purchasing an additional 1,746 shares in the last quarter. Aperio Group LLC grew its stake in Horace Mann Educators by 2.9% during the 2nd quarter. Aperio Group LLC now owns 24,199 shares of the insurance provider’s stock worth $915,000 after buying an additional 681 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Horace Mann Educators by 539.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 19,808 shares of the insurance provider’s stock worth $749,000 after buying an additional 16,708 shares during the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Horace Mann Educators by 3.9% in the second quarter. Great West Life Assurance Co. Can now owns 59,319 shares of the insurance provider’s stock worth $2,239,000 after purchasing an additional 2,220 shares in the last quarter. Finally, Texas Permanent School Fund grew its stake in shares of Horace Mann Educators by 1.4% in the second quarter. Texas Permanent School Fund now owns 29,601 shares of the insurance provider’s stock worth $1,119,000 after purchasing an additional 395 shares in the last quarter. Institutional investors own 98.26% of the company’s stock.

Several analysts have recently weighed in on HMN shares. BidaskClub upgraded Horace Mann Educators from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Keefe, Bruyette & Woods reissued a “sell” rating and issued a $35.00 price objective on shares of Horace Mann Educators in a research note on Friday, August 18th. TheStreet downgraded Horace Mann Educators from a “b” rating to a “c+” rating in a research note on Monday, August 28th. Finally, Zacks Investment Research raised Horace Mann Educators from a “sell” rating to a “hold” rating in a research report on Friday, October 27th.

In related news, Director Robert Stricker sold 3,829 shares of Horace Mann Educators stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total transaction of $175,176.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.10% of the stock is currently owned by company insiders.

Shares of Horace Mann Educators Corporation (NYSE:HMN) traded down $0.80 during mid-day trading on Thursday, hitting $45.50. The company’s stock had a trading volume of 270,100 shares, compared to its average volume of 158,876. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.09 and a quick ratio of 0.09. Horace Mann Educators Corporation has a 52 week low of $33.85 and a 52 week high of $47.65. The company has a market cap of $1,882.89, a P/E ratio of 28.94 and a beta of 1.17.

Horace Mann Educators (NYSE:HMN) last posted its earnings results on Tuesday, October 24th. The insurance provider reported $0.69 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.47. The business had revenue of $289.80 million during the quarter, compared to the consensus estimate of $293.10 million. Horace Mann Educators had a return on equity of 4.94% and a net margin of 5.56%. Horace Mann Educators’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.58 EPS. equities analysts expect that Horace Mann Educators Corporation will post 1.7 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 18th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.42%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 71.43%.

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Horace Mann Educators 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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Institutional Ownership by Quarter for Horace Mann Educators (NYSE:HMN)

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