Fuller & Thaler Asset Management Inc. Has $88.81 Million Holdings in Horace Mann Educators Co. (NYSE:HMN)

Fuller & Thaler Asset Management Inc. decreased its holdings in Horace Mann Educators Co. (NYSE:HMN - Free Report) by 7.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,263,693 shares of the insurance provider's stock after selling 189,325 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 5.55% of Horace Mann Educators worth $88,805,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can raised its position in shares of Horace Mann Educators by 2.1% in the fourth quarter. Bank of Montreal Can now owns 13,269 shares of the insurance provider's stock valued at $521,000 after buying an additional 272 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Horace Mann Educators by 1.4% in the 4th quarter. Victory Capital Management Inc. now owns 21,690 shares of the insurance provider's stock valued at $851,000 after acquiring an additional 305 shares in the last quarter. Sit Investment Associates Inc. raised its holdings in Horace Mann Educators by 1.9% in the 4th quarter. Sit Investment Associates Inc. now owns 21,825 shares of the insurance provider's stock valued at $856,000 after acquiring an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Horace Mann Educators by 1.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 50,873 shares of the insurance provider's stock valued at $1,996,000 after acquiring an additional 581 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Horace Mann Educators by 389.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 779 shares of the insurance provider's stock worth $31,000 after purchasing an additional 620 shares in the last quarter. Institutional investors own 99.28% of the company's stock.

Horace Mann Educators Price Performance

Shares of NYSE:HMN opened at $40.33 on Wednesday. The firm has a 50 day simple moving average of $41.20 and a 200 day simple moving average of $39.86. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 16.26 and a beta of 0.21. Horace Mann Educators Co. has a one year low of $31.81 and a one year high of $43.69. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.10 and a quick ratio of 0.09.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.58. Horace Mann Educators had a return on equity of 10.58% and a net margin of 6.44%. Research analysts predict that Horace Mann Educators Co. will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.47%. This is a positive change from Horace Mann Educators's previous quarterly dividend of $0.34. The ex-dividend date was Monday, March 17th. Horace Mann Educators's payout ratio is presently 56.45%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HMN shares. Keefe, Bruyette & Woods increased their price objective on shares of Horace Mann Educators from $44.00 to $45.00 and gave the stock a "market perform" rating in a research note on Tuesday, February 11th. Piper Sandler boosted their price objective on shares of Horace Mann Educators from $42.00 to $44.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Finally, JMP Securities restated a "market perform" rating on shares of Horace Mann Educators in a research note on Friday, February 7th.

Insider Activity

In related news, Director Beverley J. Mcclure sold 2,816 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $42.86, for a total transaction of $120,693.76. Following the completion of the sale, the director now owns 13,643 shares of the company's stock, valued at $584,738.98. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Marita Zuraitis sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $43.09, for a total value of $215,450.00. Following the completion of the transaction, the chief executive officer now directly owns 320,451 shares in the company, valued at approximately $13,808,233.59. This trade represents a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,816 shares of company stock valued at $485,624. Insiders own 3.80% of the company's stock.

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.

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