Dimensional Fund Advisors LP raised its stake in Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 0.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 2,184,648 shares of the insurance provider’s stock after acquiring an additional 12,556 shares during the period. Dimensional Fund Advisors LP owned approximately 0.05% of Horace Mann Educators worth $93,243,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC increased its holdings in Horace Mann Educators by 222.3% in the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after buying an additional 627 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Horace Mann Educators in the 4th quarter worth approximately $51,000. Los Angeles Capital Management LLC bought a new stake in shares of Horace Mann Educators in the 4th quarter valued at approximately $51,000. Osaic Holdings Inc. raised its position in shares of Horace Mann Educators by 181.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock valued at $57,000 after acquiring an additional 855 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Horace Mann Educators by 10,953.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,437 shares of the insurance provider’s stock worth $66,000 after purchasing an additional 1,424 shares during the last quarter. Institutional investors own 99.28% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.
Horace Mann Educators Trading Down 0.2%
Shares of NYSE:HMN opened at $52.38 on Thursday. 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’s 50-day moving average price is $50.00 and its 200 day moving average price is $45.94. The company has a market cap of $2.11 billion, a PE ratio of 13.16 and a beta of 0.09. Horace Mann Educators Corporation has a fifty-two week low of $41.01 and a fifty-two week high of $55.56.
Horace Mann Educators (NYSE:HMN – Get Free Report) last posted its earnings results on Friday, May 8th. The insurance provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.10 by $0.18. Horace Mann Educators had a net margin of 9.63% and a return on equity of 14.15%. The firm had revenue of $429.30 million during the quarter, compared to analysts’ expectations of $319.10 million. During the same quarter in the prior year, the firm earned $1.07 EPS. Horace Mann Educators’s quarterly revenue was up 3.1% on a year-over-year basis. Sell-side analysts anticipate that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.
Horace Mann Educators Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Horace Mann Educators’s dividend payout ratio is 36.18%.
Insider Buying and Selling
In related news, CEO Marita Zuraitis sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $52.62, for a total value of $394,650.00. Following the sale, the chief executive officer directly owned 314,629 shares in the company, valued at $16,555,777.98. This trade represents a 2.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 22,500 shares of company stock valued at $1,087,668. 3.60% of the stock is owned by company insiders.
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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