Horace Mann Educators Co. (NYSE:HMN) Director Beverley J. Mcclure sold 450 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $45.46, for a total transaction of $20,457.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NYSE:HMN traded up $0.13 during mid-day trading on Wednesday, reaching $44.66. The stock had a trading volume of 4,224 shares, compared to its average volume of 162,857. The firm has a market cap of $1.88 billion, a PE ratio of 65.68 and a beta of 0.63. The firm has a 50 day simple moving average of $45.10 and a two-hundred day simple moving average of $41.35. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.20. Horace Mann Educators Co. has a twelve month low of $34.38 and a twelve month high of $48.15.
Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Monday, August 5th. The insurance provider reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The business had revenue of $451.50 million for the quarter. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.54%. On average, equities analysts anticipate that Horace Mann Educators Co. will post 2.15 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a dividend of $0.287 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.15 annualized dividend and a yield of 2.57%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 169.12%.
A number of hedge funds have recently made changes to their positions in HMN. William Blair Investment Management LLC acquired a new stake in Horace Mann Educators during the 2nd quarter worth approximately $11,509,000. Nuveen Asset Management LLC raised its holdings in Horace Mann Educators by 76.8% during the 2nd quarter. Nuveen Asset Management LLC now owns 587,666 shares of the insurance provider’s stock worth $23,678,000 after buying an additional 255,272 shares during the period. Mesirow Financial Investment Management Equity Management raised its holdings in Horace Mann Educators by 14,278.9% during the 2nd quarter. Mesirow Financial Investment Management Equity Management now owns 187,645 shares of the insurance provider’s stock worth $7,560,000 after buying an additional 186,340 shares during the period. Cramer Rosenthal Mcglynn LLC raised its holdings in Horace Mann Educators by 20.2% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 683,713 shares of the insurance provider’s stock worth $27,547,000 after buying an additional 114,986 shares during the period. Finally, Rothschild & Co. Asset Management US Inc. raised its holdings in Horace Mann Educators by 17.2% during the 2nd quarter. Rothschild & Co. Asset Management US Inc. now owns 675,016 shares of the insurance provider’s stock worth $27,196,000 after buying an additional 99,128 shares during the period.
Horace Mann Educators Company Profile
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through four segments: Property and Casualty, Retirement, Life, and Corporate and Other. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products.
Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.