Horace Mann Educators Co. (NYSE:HMN) Stock Position Raised by Hantz Financial Services Inc.

Hantz Financial Services Inc. lifted its stake in shares of Horace Mann Educators Co. (NYSE:HMN) by 10.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,767 shares of the insurance provider’s stock after purchasing an additional 5,879 shares during the period. Hantz Financial Services Inc. owned approximately 0.15% of Horace Mann Educators worth $2,462,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. KBC Group NV increased its stake in Horace Mann Educators by 42.3% in the 4th quarter. KBC Group NV now owns 2,378 shares of the insurance provider’s stock worth $93,000 after purchasing an additional 707 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Horace Mann Educators by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 50,407 shares of the insurance provider’s stock worth $1,977,000 after acquiring an additional 2,064 shares in the last quarter. Integrated Investment Consultants LLC acquired a new stake in shares of Horace Mann Educators during the fourth quarter valued at approximately $216,000. Harbor Capital Advisors Inc. lifted its position in shares of Horace Mann Educators by 1.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 50,873 shares of the insurance provider’s stock valued at $1,996,000 after acquiring an additional 581 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in Horace Mann Educators by 72.9% in the 4th quarter. GAMMA Investing LLC now owns 1,591 shares of the insurance provider’s stock worth $62,000 after purchasing an additional 671 shares during the period. 99.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HMN has been the topic of several recent analyst reports. Keefe, Bruyette & Woods downgraded shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and boosted their target price for the company from $39.00 to $44.00 in a research note on Tuesday, November 12th. Piper Sandler increased their price objective on Horace Mann Educators from $36.00 to $42.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $42.67.

Insider Buying and Selling at Horace Mann Educators

In related news, Director Beverley J. Mcclure sold 5,634 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $42.08, for a total value of $237,078.72. Following the transaction, the director now directly owns 19,057 shares in the company, valued at approximately $801,918.56. This trade represents a 22.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Marita Zuraitis sold 4,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $39.40, for a total value of $157,600.00. Following the transaction, the chief executive officer now directly owns 298,324 shares of the company’s stock, valued at $11,753,965.60. This represents a 1.32 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,451 shares of company stock worth $670,619 over the last three months. Corporate insiders own 3.80% of the company’s stock.

Horace Mann Educators Trading Up 0.8 %

Shares of NYSE:HMN opened at $38.97 on Friday. Horace Mann Educators Co. has a 12-month low of $31.81 and a 12-month high of $43.26. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1.59 billion, a P/E ratio of 15.53 and a beta of 0.31. The firm has a fifty day moving average of $39.59 and a two-hundred day moving average of $37.14.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Monday, November 4th. The insurance provider reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. Horace Mann Educators had a return on equity of 8.14% and a net margin of 6.55%. The firm had revenue of $412.10 million for the quarter, compared to the consensus estimate of $293.87 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. On average, equities analysts expect that Horace Mann Educators Co. will post 2.56 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend was Monday, December 16th. Horace Mann Educators’s payout ratio is 54.18%.

Horace Mann Educators Profile

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters.