Horace Mann Educators Co. (NYSE:HMN) EVP Matthew P. Sharpe sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $44.67, for a total transaction of $156,345.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Matthew P. Sharpe also recently made the following trade(s):
- On Wednesday, November 6th, Matthew P. Sharpe sold 3,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $43.99, for a total transaction of $153,965.00.
- On Monday, October 7th, Matthew P. Sharpe sold 3,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $45.30, for a total transaction of $158,550.00.
Shares of NYSE:HMN opened at $44.35 on Wednesday. Horace Mann Educators Co. has a 12 month low of $34.38 and a 12 month high of $48.15. The firm has a market capitalization of $1.83 billion, a P/E ratio of 65.22 and a beta of 0.59. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.07 and a quick ratio of 0.07. The company’s fifty day moving average price is $43.98 and its 200 day moving average price is $43.37.
Horace Mann Educators (NYSE:HMN) last released its quarterly earnings data on Wednesday, November 6th. The insurance provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). The company had revenue of $334.40 million during the quarter. Horace Mann Educators had a net margin of 9.52% and a return on equity of 3.58%. On average, sell-side analysts anticipate that Horace Mann Educators Co. will post 2.1 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.2875 dividend. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.29. This represents a $1.15 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Friday, December 13th. Horace Mann Educators’s payout ratio is presently 169.12%.
Several hedge funds and other institutional investors have recently made changes to their positions in HMN. BlackRock Inc. boosted its stake in Horace Mann Educators by 1.0% during the 2nd quarter. BlackRock Inc. now owns 6,018,164 shares of the insurance provider’s stock worth $242,473,000 after purchasing an additional 57,871 shares during the period. Earnest Partners LLC boosted its stake in shares of Horace Mann Educators by 1.1% during the second quarter. Earnest Partners LLC now owns 1,507,431 shares of the insurance provider’s stock worth $60,734,000 after buying an additional 16,160 shares during the period. Northern Trust Corp grew its holdings in shares of Horace Mann Educators by 1.0% during the second quarter. Northern Trust Corp now owns 1,362,837 shares of the insurance provider’s stock worth $54,909,000 after buying an additional 13,794 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Horace Mann Educators by 6.6% during the second quarter. Bank of America Corp DE now owns 702,937 shares of the insurance provider’s stock worth $28,321,000 after buying an additional 43,523 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC increased its position in Horace Mann Educators by 20.2% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 683,713 shares of the insurance provider’s stock valued at $27,547,000 after acquiring an additional 114,986 shares during the period. 99.91% of the stock is owned by hedge funds and other institutional investors.
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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