Palisade Capital Management LLC NJ raised its stake in shares of Horace Mann Educators Corporation (NYSE:HMN) by 82.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 203,699 shares of the insurance provider’s stock after acquiring an additional 92,089 shares during the period. Palisade Capital Management LLC NJ owned approximately 0.50% of Horace Mann Educators Corporation worth $8,016,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Advisor Group Inc. lifted its stake in Horace Mann Educators Corporation by 32.0% during the 2nd quarter. Advisor Group Inc. now owns 3,023 shares of the insurance provider’s stock valued at $114,000 after acquiring an additional 733 shares during the period. SG Americas Securities LLC lifted its stake in Horace Mann Educators Corporation by 41.3% during the 1st quarter. SG Americas Securities LLC now owns 3,709 shares of the insurance provider’s stock valued at $152,000 after acquiring an additional 1,085 shares during the period. Stifel Financial Corp bought a new position in Horace Mann Educators Corporation during the 1st quarter valued at about $206,000. Amalgamated Bank lifted its stake in Horace Mann Educators Corporation 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 acquiring an additional 78 shares during the period. Finally, NN Investment Partners Holdings N.V. lifted its stake in Horace Mann Educators Corporation by 184.2% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 6,225 shares of the insurance provider’s stock valued at $235,000 after acquiring an additional 4,035 shares during the period. Institutional investors and hedge funds own 98.20% of the company’s stock.

In other Horace Mann Educators Corporation news, Director Robert Stricker sold 3,500 shares of the stock in a transaction on Friday, September 29th. The shares were sold at an average price of $39.35, for a total transaction of $137,725.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.10% of the company’s stock.

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Several equities analysts have issued reports on HMN shares. Zacks Investment Research upgraded shares of Horace Mann Educators Corporation from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. TheStreet cut shares of Horace Mann Educators Corporation from a “b” rating to a “c+” rating in a research note on Monday, August 28th. Keefe, Bruyette & Woods upgraded shares of Horace Mann Educators Corporation from an “underperform” rating to a “market perform” rating and set a $37.00 target price on the stock in a research note on Tuesday, September 5th. Finally, BidaskClub cut shares of Horace Mann Educators Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th.

Shares of Horace Mann Educators Corporation (NYSE HMN) traded up $0.80 during trading hours on Friday, hitting $44.20. 129,488 shares of the stock traded hands, compared to its average volume of 162,875. The stock has a market cap of $1.79 billion, a P/E ratio of 27.44 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 (NYSE:HMN) last posted its quarterly earnings results on Tuesday, October 24th. The insurance provider reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.47. Horace Mann Educators Corporation had a net margin of 5.56% and a return on equity of 5.00%. The business had revenue of $289.80 million for the quarter, compared to the consensus estimate of $293.10 million. During the same period in the prior year, the business posted $0.58 earnings per share. Horace Mann Educators Corporation’s revenue for the quarter was down .5% compared to the same quarter last year. sell-side analysts anticipate 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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