State of Tennessee Treasury Department lessened its position in Horace Mann Educators Corporation (NYSE:HMN) by 5.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,075 shares of the insurance provider’s stock after selling 2,280 shares during the period. State of Tennessee Treasury Department owned about 0.09% of Horace Mann Educators Corporation worth $1,420,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Horace Mann Educators Corporation by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 3,813,026 shares of the insurance provider’s stock valued at $144,132,000 after purchasing an additional 105,493 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Horace Mann Educators Corporation by 0.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,417,661 shares of the insurance provider’s stock valued at $129,188,000 after purchasing an additional 15,227 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Horace Mann Educators Corporation by 16.2% in the 3rd quarter. Victory Capital Management Inc. now owns 1,973,583 shares of the insurance provider’s stock valued at $77,661,000 after purchasing an additional 275,740 shares in the last quarter. Earnest Partners LLC boosted its stake in shares of Horace Mann Educators Corporation by 5.8% in the 2nd quarter. Earnest Partners LLC now owns 1,532,880 shares of the insurance provider’s stock valued at $57,943,000 after purchasing an additional 83,700 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Horace Mann Educators Corporation by 2.1% in the 2nd quarter. Northern Trust Corp now owns 1,395,774 shares of the insurance provider’s stock valued at $52,760,000 after purchasing an additional 28,530 shares in the last quarter. Institutional investors own 98.26% of the company’s stock.

In related news, Director Robert Stricker sold 3,500 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $39.35, for a total transaction of $137,725.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.10% of the stock is owned by corporate insiders.

HMN has been the topic of several research reports. TheStreet upgraded shares of Horace Mann Educators Corporation from a “c+” rating to a “b-” rating in a research report on Wednesday, September 27th. BidaskClub upgraded shares of Horace Mann Educators Corporation from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Zacks Investment Research upgraded shares of Horace Mann Educators Corporation from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Finally, Keefe, Bruyette & Woods upgraded shares of Horace Mann Educators Corporation from an “underperform” rating to a “market perform” rating and set a $37.00 price target on the stock in a research report on Tuesday, September 5th.

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Horace Mann Educators Corporation (NYSE HMN) opened at $45.45 on Thursday. The stock has a market cap of $1,852.39, a PE ratio of 28.47 and a beta of 1.16. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.18. Horace Mann Educators Corporation has a 52-week low of $33.85 and a 52-week high of $46.10.

Horace Mann Educators Corporation (NYSE:HMN) last issued its quarterly earnings results on Tuesday, October 24th. The insurance provider reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.47. The business had revenue of $289.80 million for the quarter, compared to the consensus estimate of $293.10 million. Horace Mann Educators Corporation had a net margin of 5.56% and a return on equity of 4.94%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. analysts forecast that Horace Mann Educators Corporation will post 1.7 earnings per share for the current year.

Horace Mann Educators Corporation 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.

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

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