Insider Selling: Horace Mann Educators Co. (NYSE:HMN) Director Sells 450 Shares of Stock

Share on StockTwits

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.

See Also: How are dividend achievers different from dividend aristocrats?

Insider Buying and Selling by Quarter for Horace Mann Educators (NYSE:HMN)

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.



Latest News

Itron, Inc.  Expected to Post Earnings of $0.67 Per Share
Itron, Inc. Expected to Post Earnings of $0.67 Per Share
$1.57 EPS Expected for Federal Realty Investment Trust  This Quarter
$1.57 EPS Expected for Federal Realty Investment Trust This Quarter
Ball  Price Target Cut to $85.00 by Analysts at Citigroup
Ball Price Target Cut to $85.00 by Analysts at Citigroup
Ardagh Group  Downgraded by Zacks Investment Research to Sell
Ardagh Group Downgraded by Zacks Investment Research to Sell
American International Group  Receives New Coverage from Analysts at Evercore ISI
American International Group Receives New Coverage from Analysts at Evercore ISI
First Trust Nasdaq Oil & Gas ETF  Stock Price Down 1%
First Trust Nasdaq Oil & Gas ETF Stock Price Down 1%


 
© 2006-2019 Zolmax.