Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) CEO Marita Zuraitis sold 403 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $46.02, for a total value of $18,546.06. Following the completion of the transaction, the chief executive officer directly owned 315,328 shares of the company’s stock, valued at approximately $14,511,394.56. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marita Zuraitis also recently made the following trade(s):
- On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $92.30.
- On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $12,278.56.
- On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $314,580.40.
- On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $346,200.00.
Horace Mann Educators Price Performance
HMN stock opened at $44.48 on Friday. The stock has a 50-day moving average price of $43.82 and a two-hundred day moving average price of $44.38. Horace Mann Educators Corporation has a 12-month low of $40.04 and a 12-month high of $48.33. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40. The company has a market cap of $1.80 billion, a PE ratio of 11.18 and a beta of 0.11.
Horace Mann Educators Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.36 per share. This is a boost from Horace Mann Educators’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, March 17th. This represents a $1.44 dividend on an annualized basis and a yield of 3.2%. Horace Mann Educators’s payout ratio is 36.18%.
Institutional Investors Weigh In On Horace Mann Educators
A number of hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd bought a new position in Horace Mann Educators during the 3rd quarter worth approximately $29,000. Smartleaf Asset Management LLC lifted its holdings in Horace Mann Educators by 49.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after buying an additional 232 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Horace Mann Educators by 222.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after buying an additional 627 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Horace Mann Educators during the 4th quarter worth approximately $51,000. Finally, Los Angeles Capital Management LLC bought a new position in Horace Mann Educators during the 4th quarter worth approximately $51,000. Institutional investors and hedge funds own 99.28% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Horace Mann Educators in a research note on Monday, April 27th. Wall Street Zen lowered Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $47.33.
View Our Latest Stock Analysis on Horace Mann Educators
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.
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