Beverley Mcclure Sells 1,081 Shares of Horace Mann Educators (NYSE:HMN) Stock

Horace Mann Educators Corporation (NYSE:HMNGet Free Report) Director Beverley Mcclure sold 1,081 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the sale, the director owned 14,797 shares in the company, valued at approximately $629,464.38. This represents a 6.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Horace Mann Educators Stock Performance

HMN opened at $43.23 on Friday. The firm’s fifty day simple moving average is $43.00 and its two-hundred day simple moving average is $44.36. Horace Mann Educators Corporation has a 52-week low of $38.76 and a 52-week high of $48.33. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 11.08 and a beta of 0.04. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMNGet Free Report) last released its earnings results on Friday, February 27th. The insurance provider reported $1.21 EPS for the quarter. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. The business had revenue of $434.80 million during the quarter. Equities analysts anticipate that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.36 per share. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, March 17th. This represents a $1.44 annualized dividend and a yield of 3.3%. Horace Mann Educators’s dividend payout ratio (DPR) is presently 36.92%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of Horace Mann Educators during the third quarter worth approximately $29,000. Smartleaf Asset Management LLC grew its position in Horace Mann Educators by 49.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock valued at $31,000 after buying an additional 232 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after buying an additional 627 shares during the period. Kemnay Advisory Services Inc. purchased a new position in Horace Mann Educators during the 4th quarter worth $51,000. Finally, Los Angeles Capital Management LLC purchased a new position in Horace Mann Educators during the 4th quarter worth $51,000. Institutional investors and hedge funds own 99.28% of the company’s stock.

Wall Street Analysts Forecast Growth

HMN has been the topic of several recent research reports. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $47.33.

Read Our Latest Research Report on Horace Mann Educators

Horace Mann Educators Company Profile

(Get Free Report)

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.

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