Trillium Asset Management LLC trimmed its stake in Horace Mann Educators Co. (NYSE:HMN) by 4.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,981 shares of the insurance provider’s stock after selling 1,954 shares during the period. Trillium Asset Management LLC’s holdings in Horace Mann Educators were worth $1,373,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of HMN. Quantamental Technologies LLC acquired a new stake in shares of Horace Mann Educators in the 4th quarter valued at approximately $26,000. Clean Yield Group acquired a new stake in shares of Horace Mann Educators during the 4th quarter worth approximately $28,000. Quadrant Capital Group LLC grew its position in shares of Horace Mann Educators by 495.9% during the 1st quarter. Quadrant Capital Group LLC now owns 1,609 shares of the insurance provider’s stock worth $53,000 after buying an additional 1,339 shares during the period. Starr International Co. Inc. acquired a new stake in shares of Horace Mann Educators during the 1st quarter worth approximately $108,000. Finally, Bessemer Group Inc. grew its position in shares of Horace Mann Educators by 1,045.3% during the 4th quarter. Bessemer Group Inc. now owns 3,287 shares of the insurance provider’s stock worth $123,000 after buying an additional 3,000 shares during the period.
In related news, CFO Bret A. Conklin sold 3,443 shares of Horace Mann Educators stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $39.09, for a total value of $134,586.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steve Hassenmiller sold 3,000 shares of Horace Mann Educators stock in a transaction on Friday, March 1st. The shares were sold at an average price of $39.28, for a total transaction of $117,840.00. Following the completion of the sale, the director now directly owns 27,664 shares of the company’s stock, valued at approximately $1,086,641.92. The disclosure for this sale can be found here. In the last three months, insiders sold 13,309 shares of company stock valued at $499,302. 2.50% of the stock is currently owned by insiders.
Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Tuesday, April 30th. The insurance provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.53 by $0.10. The company had revenue of $313.20 million during the quarter. Horace Mann Educators had a net margin of 2.51% and a return on equity of 2.48%. Analysts anticipate that Horace Mann Educators Co. will post 2.1 earnings per share for the current year.
Separately, TheStreet downgraded shares of Horace Mann Educators from a “b-” rating to a “c+” rating in a research report on Thursday, February 28th.
About Horace Mann Educators
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through four segments: Property and Casualty, Retirement, Life, and Corporate and Other. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products.
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