Marita Zuraitis Sells 7,500 Shares of Horace Mann Educators (NYSE:HMN) Stock

Horace Mann Educators Corporation (NYSE:HMN) CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $46.25, for a total transaction of $346,875.00. Following the sale, the chief executive officer directly owned 307,812 shares in the company, valued at $14,236,305. This trade represents a 2.38% decrease in their ownership of the stock. The sale 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.

Marita Zuraitis also recently made the following trade(s):

• On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.15, for a total transaction of $646.10.
• On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.15, for a total transaction of $92.30.
• On Tuesday, May 5th, Marita Zuraitis sold 403 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.02, for a total transaction of $18,546.06.
• On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total transaction of $12,278.56.
• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total transaction of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00.

Horace Mann Educators Stock Up 3.2%

Shares of NYSE:HMN opened at $47.03 on Friday. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 11.82 and a beta of 0.11. Horace Mann Educators Corporation has a 1-year low of $40.04 and a 1-year high of $48.33. The company’s fifty day moving average is $45.12 and its two-hundred day moving average is $44.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.18. The company had revenue of $429.30 million for the quarter, compared to analysts’ expectations of $319.10 million. Horace Mann Educators had a net margin of 9.63% and a return on equity of 14.15%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. Equities analysts anticipate that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, June 15th. Horace Mann Educators’s dividend payout ratio is 36.18%.

Analyst Ratings Changes

HMN has been the topic of a number of analyst reports. Weiss Ratings raised shares of Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Hedge Funds Weigh In On Horace Mann Educators

Several hedge funds have recently made changes to their positions in HMN. Royal Bank of Canada grew its stake in shares of Horace Mann Educators by 36.2% in the 1st quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock worth $352,000 after purchasing an additional 2,194 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock worth $1,045,000 after purchasing an additional 1,064 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Horace Mann Educators in the 1st quarter worth approximately $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Horace Mann Educators by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock worth $5,930,000 after purchasing an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Horace Mann Educators by 313.8% in the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock worth $3,916,000 after purchasing an additional 69,492 shares during the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.

About Horace Mann Educators

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.