Horace Mann Educators (NYSE:HMN) has been assigned a $43.00 price target by stock analysts at Keefe, Bruyette & Woods in a report released on Wednesday. The brokerage currently has a “hold” rating on the insurance provider’s stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 7.23% from the stock’s previous close.

Separately, Zacks Investment Research upgraded shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a research note on Thursday, January 18th.

Horace Mann Educators (HMN) traded down $0.50 on Wednesday, reaching $40.10. 11,131 shares of the company traded hands, compared to its average volume of 152,666. The firm has a market capitalization of $1,650.00, a price-to-earnings ratio of 9.88 and a beta of 1.02. Horace Mann Educators has a 52-week low of $33.85 and a 52-week high of $47.65. 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 (NYSE:HMN) last released its quarterly earnings data on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.09. The firm had revenue of $303.00 million for the quarter. Horace Mann Educators had a net margin of 14.46% and a return on equity of 5.31%. Horace Mann Educators’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 EPS. equities analysts anticipate that Horace Mann Educators will post 2.55 EPS for the current year.

In related news, Director Robert Stricker sold 3,829 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $45.75, for a total transaction of $175,176.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.10% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Keybank National Association OH increased its stake in shares of Horace Mann Educators by 4.7% in the third quarter. Keybank National Association OH now owns 49,300 shares of the insurance provider’s stock valued at $1,940,000 after purchasing an additional 2,200 shares during the period. Vanguard Group Inc. increased its stake in shares of Horace Mann Educators by 2.8% in the second 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 during the period. Channing Capital Management LLC increased its stake in shares of Horace Mann Educators by 17.0% in the third quarter. Channing Capital Management LLC now owns 1,219,629 shares of the insurance provider’s stock valued at $47,992,000 after purchasing an additional 176,784 shares during the period. BNP Paribas Arbitrage SA increased its stake in shares of Horace Mann Educators by 50.6% in the third quarter. BNP Paribas Arbitrage SA now owns 21,894 shares of the insurance provider’s stock valued at $862,000 after purchasing an additional 7,358 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Horace Mann Educators by 2.6% in the third quarter. Rhumbline Advisers now owns 99,734 shares of the insurance provider’s stock valued at $3,925,000 after purchasing an additional 2,538 shares during the period. Hedge funds and other institutional investors own 98.26% of the company’s stock.

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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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