By otakuyassine3@gmail.com 
Horace Mann Educators Co. (NYSE:HMN – Get Free Report) CEO Marita Zuraitis sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $37.37, for a total value of $149,480.00. Following the sale, the chief executive officer now owns 294,324 shares of the company’s stock, valued at approximately $10,998,887.88. This represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Marita Zuraitis also recently made the following trade(s):
- On Thursday, January 2nd, Marita Zuraitis sold 4,000 shares of Horace Mann Educators stock. The shares were sold at an average price of $39.40, for a total value of $157,600.00.
- On Monday, December 2nd, Marita Zuraitis sold 4,000 shares of Horace Mann Educators stock. The shares were sold at an average price of $41.97, for a total value of $167,880.00.
Horace Mann Educators Trading Up 1.4 %
Horace Mann Educators stock traded up $0.53 during midday trading on Wednesday, reaching $38.63. The stock had a trading volume of 106,578 shares, compared to its average volume of 153,410. 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 cap of $1.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.31. The company has a fifty day moving average of $39.40 and a 200 day moving average of $37.25. Horace Mann Educators Co. has a 52-week low of $31.81 and a 52-week high of $43.26.
Horace Mann Educators (NYSE:HMN – Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The insurance provider reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. The business had revenue of $412.10 million for the quarter, compared to analyst estimates of $293.87 million. Horace Mann Educators had a return on equity of 8.14% and a net margin of 6.55%. The company’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.44 earnings per share. On average, analysts anticipate that Horace Mann Educators Co. will post 2.56 earnings per share for the current fiscal year.
Horace Mann Educators Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date was Monday, December 16th. Horace Mann Educators’s dividend payout ratio (DPR) is currently 54.18%.
Hedge Funds Weigh In On Horace Mann Educators
Several large investors have recently modified their holdings of the business. GAMMA Investing LLC lifted its position in shares of Horace Mann Educators by 142.1% during the 3rd quarter. GAMMA Investing LLC now owns 920 shares of the insurance provider’s stock worth $32,000 after purchasing an additional 540 shares during the last quarter. KBC Group NV boosted its holdings in shares of Horace Mann Educators by 60.2% in the third quarter. KBC Group NV now owns 1,671 shares of the insurance provider’s stock valued at $58,000 after acquiring an additional 628 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of Horace Mann Educators in the 4th quarter valued at approximately $92,000. Integrated Investment Consultants LLC purchased a new stake in shares of Horace Mann Educators during the 4th quarter worth $216,000. Finally, Captrust Financial Advisors purchased a new position in Horace Mann Educators in the third quarter valued at about $209,000. Institutional investors and hedge funds own 99.28% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods cut shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $39.00 to $44.00 in a research note on Tuesday, November 12th. Piper Sandler raised their target price on shares of Horace Mann Educators from $36.00 to $42.00 and gave the company 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. According to data from MarketBeat, Horace Mann Educators has a consensus rating of “Hold” and an average target price of $42.67.
Read Our Latest Research Report on Horace Mann Educators
About Horace Mann Educators
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.
Further Reading
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