Integrated Investment Consultants LLC Takes $216,000 Position in Horace Mann Educators Co. (NYSE:HMN)

Integrated Investment Consultants LLC acquired a new position in shares of Horace Mann Educators Co. (NYSE:HMN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,517 shares of the insurance provider’s stock, valued at approximately $216,000.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Horace Mann Educators by 142.1% during the third 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 period. Nisa Investment Advisors LLC raised its holdings in Horace Mann Educators by 2.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 29,444 shares of the insurance provider’s stock worth $1,029,000 after buying an additional 570 shares during the period. Harbor Capital Advisors Inc. lifted its stake in Horace Mann Educators by 1.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 50,873 shares of the insurance provider’s stock valued at $1,996,000 after buying an additional 581 shares in 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 buying an additional 628 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Horace Mann Educators by 3.4% during the second quarter. The Manufacturers Life Insurance Company now owns 21,373 shares of the insurance provider’s stock worth $697,000 after acquiring an additional 710 shares in the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Piper Sandler boosted their price objective on shares of Horace Mann Educators from $36.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Keefe, Bruyette & Woods lowered Horace Mann Educators from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $39.00 to $44.00 in a report on Tuesday, November 12th. Four analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Horace Mann Educators has an average rating of “Hold” and an average target price of $42.67.

Insider Buying and Selling

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 2,817 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $38.36, for a total value of $108,060.12. Following the transaction, the director now directly owns 16,352 shares of the company’s stock, valued at $627,262.72. This represents a 14.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Marita Zuraitis sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $37.24, for a total value of $148,960.00. Following the completion of the transaction, the chief executive officer now directly owns 292,336 shares in the company, valued at $10,886,592.64. The trade was a 1.35 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,451 shares of company stock worth $819,579. Insiders own 3.80% of the company’s stock.

Horace Mann Educators Stock Down 0.8 %

Shares of HMN stock opened at $38.19 on Friday. The firm’s fifty day moving average price is $40.09 and its two-hundred day moving average price is $36.81. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.42. Horace Mann Educators Co. has a 1 year low of $31.81 and a 1 year high of $43.26. The firm has a market capitalization of $1.56 billion, a P/E ratio of 15.21 and a beta of 0.31.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Monday, November 4th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Horace Mann Educators’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 earnings per share. On average, equities analysts predict that Horace Mann Educators Co. will post 2.56 EPS for the current fiscal year.

Horace Mann Educators Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a $0.34 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.56%. Horace Mann Educators’s dividend payout ratio is presently 54.18%.

Horace Mann Educators Company Profile

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.