Horace Mann Educators Co. (NYSE:HMN) Shares Purchased by Mesirow Financial Investment Management Equity Management

Mesirow Financial Investment Management Equity Management increased its stake in shares of Horace Mann Educators Co. (NYSE:HMN) by 14,278.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 187,645 shares of the insurance provider’s stock after purchasing an additional 186,340 shares during the period. Mesirow Financial Investment Management Equity Management owned 0.46% of Horace Mann Educators worth $7,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its stake in Horace Mann Educators by 495.9% during the 1st quarter. Quadrant Capital Group LLC now owns 1,609 shares of the insurance provider’s stock valued at $53,000 after acquiring an additional 1,339 shares in the last quarter. Starr International Co. Inc. purchased a new stake in Horace Mann Educators during the 1st quarter valued at about $108,000. Crossmark Global Holdings Inc. purchased a new stake in Horace Mann Educators during the 2nd quarter valued at about $229,000. BNP Paribas Arbitrage SA grew its stake in Horace Mann Educators by 178.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 9,775 shares of the insurance provider’s stock valued at $344,000 after acquiring an additional 6,265 shares in the last quarter. Finally, Piedmont Investment Advisors Inc. grew its stake in Horace Mann Educators by 6.0% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 10,335 shares of the insurance provider’s stock valued at $364,000 after acquiring an additional 588 shares in the last quarter.

Shares of Horace Mann Educators stock traded down $0.13 during mid-day trading on Friday, hitting $43.94. The stock had a trading volume of 104,265 shares, compared to its average volume of 144,410. The firm’s 50-day simple moving average is $41.92. Horace Mann Educators Co. has a 12-month low of $34.38 and a 12-month high of $47.00. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 52.46 and a beta of 0.65.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings results on Monday, August 5th. The insurance provider reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.62%. The business had revenue of $451.50 million during the quarter. On average, equities research analysts anticipate that Horace Mann Educators Co. will post 2.15 earnings per share for the current year.

HMN has been the subject of several research reports. Sandler O’Neill initiated coverage on shares of Horace Mann Educators in a research note on Wednesday, May 22nd. They set a “buy” rating and a $46.00 price objective for the company. TheStreet raised shares of Horace Mann Educators from a “c+” rating to a “b” rating in a research note on Friday, May 17th.

About Horace Mann Educators

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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