Insider Selling: Horace Mann Educators Co. (NYSE:HMN) CEO Sells 14,000 Shares of Stock

Horace Mann Educators Co. (NYSE:HMN) CEO Marita Zuraitis sold 14,000 shares of the stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $47.06, for a total transaction of $658,840.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

Marita Zuraitis also recently made the following trade(s):

  • On Monday, September 9th, Marita Zuraitis sold 5,006 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.01, for a total transaction of $230,326.06.

Shares of Horace Mann Educators stock traded up $0.23 during trading on Friday, hitting $47.91. The stock had a trading volume of 48,455 shares, compared to its average volume of 149,539. The firm’s fifty day simple moving average is $43.67 and its 200-day simple moving average is $40.33. The stock has a market cap of $1.90 billion, a PE ratio of 70.46 and a beta of 0.64. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.07 and a quick ratio of 0.07. Horace Mann Educators Co. has a 12 month low of $34.38 and a 12 month high of $48.08.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Monday, August 5th. The insurance provider reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.54%. The company had revenue of $451.50 million during the quarter. Analysts expect that Horace Mann Educators Co. will post 2.15 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a dividend of $0.287 per share. The ex-dividend date is Friday, September 13th. This represents a $1.15 dividend on an annualized basis and a yield of 2.40%. Horace Mann Educators’s payout ratio is 169.12%.

A number of institutional investors and hedge funds have recently made changes to their positions in HMN. Municipal Employees Retirement System of Michigan grew its position in shares of Horace Mann Educators by 2.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 12,260 shares of the insurance provider’s stock worth $494,000 after buying an additional 260 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of Horace Mann Educators by 1.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 15,856 shares of the insurance provider’s stock worth $558,000 after buying an additional 286 shares during the last quarter. US Bancorp DE grew its position in shares of Horace Mann Educators by 11.2% in the 2nd quarter. US Bancorp DE now owns 3,416 shares of the insurance provider’s stock worth $137,000 after buying an additional 343 shares during the last quarter. ETRADE Capital Management LLC grew its position in shares of Horace Mann Educators by 3.0% in the 2nd quarter. ETRADE Capital Management LLC now owns 12,681 shares of the insurance provider’s stock worth $511,000 after buying an additional 372 shares during the last quarter. Finally, Holocene Advisors LP grew its position in shares of Horace Mann Educators by 5.5% in the 2nd quarter. Holocene Advisors LP now owns 7,715 shares of the insurance provider’s stock worth $311,000 after buying an additional 405 shares during the last quarter.

Several equities research analysts have recently issued reports on the stock. Sandler O’Neill assumed coverage on shares of Horace Mann Educators in a report on Wednesday, May 22nd. They issued a “buy” rating and a $46.00 target price for the company. TheStreet upgraded shares of Horace Mann Educators from a “c+” rating to a “b” rating in a report on Friday, May 17th.

Horace Mann Educators Company 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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Insider Buying and Selling by Quarter for Horace Mann Educators (NYSE:HMN)

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