Horace Mann Educators Co. (NYSE:HMN) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in Horace Mann Educators Co. (NYSE:HMN - Free Report) by 336.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,012 shares of the insurance provider's stock after buying an additional 53,961 shares during the quarter. Barclays PLC owned approximately 0.17% of Horace Mann Educators worth $2,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HMN. State Street Corp lifted its holdings in Horace Mann Educators by 1.3% during the 3rd quarter. State Street Corp now owns 1,633,717 shares of the insurance provider's stock valued at $57,098,000 after buying an additional 20,771 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Horace Mann Educators by 67.2% during the third quarter. HighTower Advisors LLC now owns 14,194 shares of the insurance provider's stock valued at $501,000 after acquiring an additional 5,704 shares in the last quarter. ClearAlpha Technologies LP purchased a new stake in shares of Horace Mann Educators in the third quarter valued at approximately $267,000. Verition Fund Management LLC bought a new position in Horace Mann Educators in the third quarter worth approximately $430,000. Finally, Captrust Financial Advisors purchased a new position in Horace Mann Educators during the 3rd quarter worth $209,000. 99.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HMN shares. Piper Sandler increased their price target on Horace Mann Educators from $36.00 to $42.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 6th. Keefe, Bruyette & Woods cut shares of Horace Mann Educators from an "outperform" rating to a "market perform" rating and increased their target price for the stock from $39.00 to $44.00 in a report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $42.67.

Insider Buying and Selling

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 5,634 shares of Horace Mann Educators stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $42.08, for a total transaction of $237,078.72. Following the completion of the sale, the director now owns 19,057 shares of the company's stock, valued at approximately $801,918.56. The trade was a 22.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Marita Zuraitis sold 42,117 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $37.06, for a total value of $1,560,856.02. Following the completion of the transaction, the chief executive officer now directly owns 294,402 shares in the company, valued at $10,910,538.12. This represents a 12.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,751 shares of company stock worth $2,114,775 in the last ninety days. 3.80% of the stock is owned by insiders.

Horace Mann Educators Stock Up 0.1 %

HMN stock traded up $0.05 during trading on Thursday, reaching $39.75. 90,502 shares of the company traded hands, compared to its average volume of 240,246. The business has a 50 day simple moving average of $40.06 and a 200 day simple moving average of $36.21. Horace Mann Educators Co. has a 12 month low of $31.81 and a 12 month high of $43.26. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.09 and a current ratio of 0.09. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 15.84 and a beta of 0.30.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.04. Horace Mann Educators had a net margin of 6.55% and a return on equity of 8.14%. The firm had revenue of $412.10 million for the quarter, compared to the consensus estimate of $293.87 million. During the same quarter in the previous year, the firm earned $0.44 EPS. The company's quarterly revenue was up 8.8% compared to the same quarter last year. On average, equities research analysts anticipate that Horace Mann Educators Co. will post 2.61 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a $0.34 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.42%. Horace Mann Educators's payout ratio is 54.18%.

Horace Mann Educators 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.