Boston Private Wealth LLC lowered its holdings in Horace Mann Educators Co. (NYSE:HMN) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,946 shares of the insurance provider’s stock after selling 1,568 shares during the period. Boston Private Wealth LLC’s holdings in Horace Mann Educators were worth $739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quantamental Technologies LLC bought a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $27,000. Simplex Trading LLC bought a new stake in shares of Horace Mann Educators during the third quarter valued at approximately $42,000. Quest Capital Management Inc. ADV bought a new stake in shares of Horace Mann Educators during the third quarter valued at approximately $49,000. Tower Research Capital LLC TRC bought a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $69,000. Finally, US Bancorp DE raised its holdings in shares of Horace Mann Educators by 11.2% during the second quarter. US Bancorp DE now owns 3,416 shares of the insurance provider’s stock valued at $137,000 after buying an additional 343 shares during the last quarter.

HMN opened at $43.98 on Friday. The business’s 50 day moving average is $44.94 and its 200-day moving average is $42.65. The stock has a market cap of $1.81 billion, a PE ratio of 64.68 and a beta of 0.61. 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 released its quarterly earnings results on Wednesday, November 6th. The insurance provider reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). The business had revenue of $334.40 million for the quarter. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.54%. As a group, analysts forecast that Horace Mann Educators Co. will post 2.15 EPS for the current year.

In other news, Director Robert Stricker sold 3,843 shares of Horace Mann Educators stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $44.20, for a total transaction of $169,860.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Marita Zuraitis sold 14,000 shares of Horace Mann Educators stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $47.06, for a total value of $658,840.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 46,459 shares of company stock worth $2,133,711. Corporate insiders own 2.50% of the company’s stock.

Horace Mann Educators 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.

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Institutional Ownership by Quarter for Horace Mann Educators (NYSE:HMN)

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