Trillium Asset Management LLC raised its position in shares of Horace Mann Educators Corporation (NYSE:HMN) by 3.3% during the second quarter, Holdings Channel reports. The fund owned 41,867 shares of the insurance provider’s stock after buying an additional 1,348 shares during the period. Trillium Asset Management LLC’s holdings in Horace Mann Educators Corporation were worth $1,582,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Horace Mann Educators Corporation by 51,596.4% in the first quarter. BlackRock Inc. now owns 5,338,174 shares of the insurance provider’s stock worth $219,132,000 after buying an additional 5,327,848 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Horace Mann Educators Corporation by 6.1% in the first quarter. Vanguard Group Inc. now owns 3,707,533 shares of the insurance provider’s stock worth $152,194,000 after buying an additional 212,640 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Horace Mann Educators Corporation by 26.1% in the first quarter. Victory Capital Management Inc. now owns 1,582,823 shares of the insurance provider’s stock worth $64,975,000 after buying an additional 328,070 shares during the last quarter. Channing Capital Management LLC boosted its position in shares of Horace Mann Educators Corporation by 13.7% in the second quarter. Channing Capital Management LLC now owns 1,042,845 shares of the insurance provider’s stock worth $39,420,000 after buying an additional 125,875 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Horace Mann Educators Corporation by 5.5% in the first quarter. State Street Corp now owns 990,464 shares of the insurance provider’s stock worth $40,659,000 after buying an additional 52,045 shares during the last quarter. 98.36% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Corporation (HMN) opened at 37.10 on Wednesday. The firm has a market capitalization of $1.51 billion, a PE ratio of 23.92 and a beta of 1.05. The firm has a 50-day moving average of $36.95 and a 200 day moving average of $39.12. Horace Mann Educators Corporation has a 52 week low of $33.30 and a 52 week high of $44.15.

Horace Mann Educators Corporation (NYSE:HMN) last issued its earnings results on Monday, July 24th. The insurance provider reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.09. Horace Mann Educators Corporation had a return on equity of 4.56% and a net margin of 5.59%. The company had revenue of $291.40 million during the quarter, compared to analyst estimates of $290.40 million. During the same period in the prior year, the business earned $0.25 earnings per share. Horace Mann Educators Corporation’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts predict that Horace Mann Educators Corporation will post $1.48 earnings per share for the current year.

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HMN has been the topic of a number of recent research reports. BidaskClub raised shares of Horace Mann Educators Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Zacks Investment Research cut shares of Horace Mann Educators Corporation from a “hold” rating to a “strong sell” rating in a report on Thursday, April 27th. Finally, Keefe, Bruyette & Woods reaffirmed a “sell” rating and issued a $37.00 target price on shares of Horace Mann Educators Corporation in a report on Friday, May 26th. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Horace Mann Educators Corporation has a consensus rating of “Sell” and an average price target of $38.50.

In other Horace Mann Educators Corporation news, CFO Bret A. Conklin sold 4,085 shares of the stock in a transaction on Friday, June 16th. The stock was sold at an average price of $37.95, for a total value of $155,025.75. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Matthew P. Sharpe sold 2,355 shares of the stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $38.50, for a total value of $90,667.50. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.

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.

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

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