UBS Asset Management Americas Inc. Grows Position in Horace Mann Educators Co. (NYSE:HMN)

UBS Asset Management Americas Inc. increased its holdings in shares of Horace Mann Educators Co. (NYSE:HMN) by 14.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,707 shares of the insurance provider’s stock after buying an additional 5,085 shares during the period. UBS Asset Management Americas Inc. owned about 0.10% of Horace Mann Educators worth $1,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. BlackRock Inc. lifted its position in shares of Horace Mann Educators by 1.0% during the 2nd quarter. BlackRock Inc. now owns 6,018,164 shares of the insurance provider’s stock valued at $242,473,000 after buying an additional 57,871 shares in the last quarter. Earnest Partners LLC lifted its position in shares of Horace Mann Educators by 1.1% during the 2nd quarter. Earnest Partners LLC now owns 1,507,431 shares of the insurance provider’s stock valued at $60,734,000 after buying an additional 16,160 shares in the last quarter. Northern Trust Corp lifted its position in shares of Horace Mann Educators by 1.0% during the 2nd quarter. Northern Trust Corp now owns 1,362,837 shares of the insurance provider’s stock valued at $54,909,000 after buying an additional 13,794 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Horace Mann Educators by 6.6% during the 2nd quarter. Bank of America Corp DE now owns 702,937 shares of the insurance provider’s stock valued at $28,321,000 after buying an additional 43,523 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC lifted its position in shares of Horace Mann Educators by 20.2% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 683,713 shares of the insurance provider’s stock valued at $27,547,000 after buying an additional 114,986 shares in the last quarter.

In related news, Director Robert Stricker sold 3,843 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $44.20, for a total value of $169,860.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Kimberly A. Johnson sold 1,500 shares of the stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $44.32, for a total value of $66,480.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,959 shares of company stock valued at $1,979,746. 2.50% of the stock is owned by corporate insiders.

Shares of NYSE:HMN opened at $44.50 on Friday. Horace Mann Educators Co. has a 1 year low of $34.38 and a 1 year high of $48.15. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 65.44 and a beta of 0.63. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.07 and a quick ratio of 0.07. The business’s 50 day moving average price is $45.17 and its 200-day moving average price is $41.49.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.287 dividend. This represents a $1.15 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Friday, September 13th. Horace Mann Educators’s dividend payout ratio is currently 169.12%.

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.

See Also: What is basic economics?

Institutional Ownership by Quarter for Horace Mann Educators (NYSE:HMN)

Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.