Comerica Bank boosted its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 73.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 73,728 shares of the insurance provider’s stock after purchasing an additional 31,173 shares during the quarter. Comerica Bank owned about 0.18% of Horace Mann Educators worth $3,266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Amalgamated Bank grew its holdings in Horace Mann Educators by 1.4% during the 2nd quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock valued at $210,000 after buying an additional 78 shares in the last quarter. Arizona State Retirement System grew its holdings in Horace Mann Educators by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 21,166 shares of the insurance provider’s stock valued at $800,000 after buying an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in Horace Mann Educators by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the insurance provider’s stock valued at $624,000 after buying an additional 100 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Horace Mann Educators by 1.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 25,564 shares of the insurance provider’s stock valued at $966,000 after buying an additional 248 shares in the last quarter. Finally, Texas Permanent School Fund boosted its holdings in shares of Horace Mann Educators by 1.4% in the 2nd quarter. Texas Permanent School Fund now owns 29,601 shares of the insurance provider’s stock worth $1,119,000 after purchasing an additional 395 shares during the period. 98.26% of the stock is currently owned by institutional investors.

In related news, Director Robert Stricker sold 3,829 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total transaction of $175,176.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is owned by insiders.

Horace Mann Educators Corporation (NYSE HMN) opened at $45.55 on Monday. Horace Mann Educators Corporation has a 1-year low of $33.85 and a 1-year high of $46.10. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1,852.38, a price-to-earnings ratio of 28.47 and a beta of 1.16.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Tuesday, October 24th. The insurance provider reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.47. Horace Mann Educators had a return on equity of 4.94% and a net margin of 5.56%. The company had revenue of $289.80 million during the quarter, compared to analysts’ expectations of $293.10 million. During the same quarter in the previous year, the business earned $0.58 EPS. Horace Mann Educators’s revenue was down .5% compared to the same quarter last year. equities analysts expect that Horace Mann Educators Corporation will post 1.7 earnings per share for the current year.

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

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

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