Dalton Greiner Hartman Maher & Co. lowered its stake in shares of Horace Mann Educators Corp. (NYSE:HMN) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 315,406 shares of the company’s stock after selling 24,084 shares during the period. Dalton Greiner Hartman Maher & Co. owned about 0.79% of Horace Mann Educators Corp. worth $11,560,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HMN. Eqis Capital Management Inc. increased its position in shares of Horace Mann Educators Corp. by 21.1% in the third quarter. Eqis Capital Management Inc. now owns 10,122 shares of the company’s stock valued at $371,000 after buying an additional 1,764 shares during the period. Mason Street Advisors LLC bought a new stake in Horace Mann Educators Corp. during the second quarter valued at $265,000. Royal Bank of Canada increased its stake in Horace Mann Educators Corp. by 1.2% in the second quarter. Royal Bank of Canada now owns 748,411 shares of the company’s stock valued at $25,287,000 after buying an additional 9,166 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in Horace Mann Educators Corp. by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 38,599 shares of the company’s stock valued at $1,304,000 after buying an additional 132 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in Horace Mann Educators Corp. by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 175,786 shares of the company’s stock valued at $5,940,000 after buying an additional 1,908 shares during the last quarter. 99.70% of the stock is owned by institutional investors.

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

Horace Mann Educators Corp. (NYSE:HMN) traded down 1.12% during midday trading on Monday, reaching $39.75. 161,673 shares of the company traded hands. The company has a 50-day moving average price of $37.07 and a 200-day moving average price of $35.28. Horace Mann Educators Corp. has a 12-month low of $27.15 and a 12-month high of $40.30. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 19.49 and a beta of 1.09.

Horace Mann Educators Corp. (NYSE:HMN) last announced its earnings results on Monday, October 31st. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.47 by $0.11. The company had revenue of $291.30 million for the quarter, compared to analysts’ expectations of $219.60 million. Horace Mann Educators Corp. had a return on equity of 5.72% and a net margin of 7.57%. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 earnings per share. On average, analysts predict that Horace Mann Educators Corp. will post $1.86 earnings per share for the current fiscal year.

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Several research firms recently weighed in on HMN. Janney Montgomery Scott downgraded shares of Horace Mann Educators Corp. from a “buy” rating to a “neutral” rating in a report on Wednesday, November 2nd. They noted that the move was a valuation call. Langen Mcalenn downgraded shares of Horace Mann Educators Corp. from a “buy” rating to a “neutral” rating in a report on Wednesday, November 2nd. Finally, Zacks Investment Research raised shares of Horace Mann Educators Corp. from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Thursday, October 27th.

In other Horace Mann Educators Corp. news, CFO Dwayne D. Hallman sold 8,220 shares of the stock in a transaction dated Tuesday, August 30th. The stock was sold at an average price of $36.29, for a total value of $298,303.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.10% of the company’s stock.

Horace Mann Educators Corp. Company Profile

Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States.

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