Horace Mann Educators Co. (NYSE:HMN) Holdings Cut by Boston Private Wealth LLC
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.
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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