Horace Mann Educators Co. (NYSE:HMN) VP Kimberly A. Johnson sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,480.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
NYSE HMN traded up $0.19 during trading on Thursday, reaching $42.92. 3,286 shares of the stock traded hands, compared to its average volume of 145,319. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 63.18 and a beta of 0.65. The firm’s 50-day moving average is $42.19. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.21. Horace Mann Educators Co. has a fifty-two week low of $34.38 and a fifty-two week high of $47.00.
Horace Mann Educators (NYSE:HMN) last released its quarterly earnings results on Monday, August 5th. The insurance provider reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The company had revenue of $451.50 million during the quarter. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.62%. As a group, equities analysts anticipate that Horace Mann Educators Co. will post 2.15 EPS for the current fiscal year.
A number of research analysts recently issued reports on the stock. TheStreet upgraded shares of Horace Mann Educators from a “c+” rating to a “b” rating in a report on Friday, May 17th. Sandler O’Neill assumed coverage on shares of Horace Mann Educators in a report on Wednesday, May 22nd. They set a “buy” rating and a $46.00 price objective for the company.
Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in Horace Mann Educators during the fourth quarter worth about $27,116,000. Rothschild & Co. Asset Management US Inc. bought a new position in Horace Mann Educators in the 1st quarter valued at approximately $20,277,000. William Blair Investment Management LLC bought a new position in Horace Mann Educators in the 2nd quarter valued at approximately $11,509,000. Nuveen Asset Management LLC raised its holdings in Horace Mann Educators by 76.8% in the 2nd quarter. Nuveen Asset Management LLC now owns 587,666 shares of the insurance provider’s stock valued at $23,678,000 after buying an additional 255,272 shares during the last quarter. Finally, Mesirow Financial Investment Management Equity Management raised its holdings in Horace Mann Educators by 14,278.9% in the 2nd quarter. Mesirow Financial Investment Management Equity Management now owns 187,645 shares of the insurance provider’s stock valued at $7,560,000 after buying an additional 186,340 shares during the last quarter.
About Horace Mann Educators
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.
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