Horace Mann Educators Co. (HMN) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC reduced its stake in shares of Horace Mann Educators Co. (NYSE:HMN) by 24.0% during the 1st quarter, HoldingsChannel reports. The fund owned 68,524 shares of the insurance provider’s stock after selling 21,612 shares during the quarter. Great Lakes Advisors LLC’s holdings in Horace Mann Educators were worth $2,413,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GWM Advisors LLC grew its position in Horace Mann Educators by 0.7% during the 4th quarter. GWM Advisors LLC now owns 37,039 shares of the insurance provider’s stock worth $1,387,000 after purchasing an additional 266 shares during the last quarter. First Midwest Bank Trust Division boosted its holdings in shares of Horace Mann Educators by 1.6% in the first quarter. First Midwest Bank Trust Division now owns 18,036 shares of the insurance provider’s stock valued at $635,000 after acquiring an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Horace Mann Educators by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 15,856 shares of the insurance provider’s stock valued at $558,000 after acquiring an additional 286 shares in the last quarter. Piedmont Investment Advisors Inc. boosted its holdings in shares of Horace Mann Educators by 3.1% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 9,747 shares of the insurance provider’s stock valued at $365,000 after acquiring an additional 296 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Horace Mann Educators by 4.2% in the first quarter. Raymond James & Associates now owns 8,171 shares of the insurance provider’s stock valued at $288,000 after acquiring an additional 333 shares in the last quarter.

Shares of HMN opened at $40.85 on Thursday. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.21. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 60.07 and a beta of 0.82. Horace Mann Educators Co. has a 12-month low of $34.38 and a 12-month high of $47.50.



Horace Mann Educators (NYSE:HMN) last announced its earnings results on Tuesday, April 30th. The insurance provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. As a group, research analysts anticipate that Horace Mann Educators Co. will post 2.1 earnings per share for the current year.

HMN has been the topic of several analyst reports. TheStreet raised shares of Horace Mann Educators from a “c+” rating to a “b” rating in a report on Friday, May 17th. Sandler O’Neill initiated coverage on shares of Horace Mann Educators in a research note on Wednesday. They issued a “buy” rating and a $46.00 price objective for the company.

In other Horace Mann Educators news, Director Steve Hassenmiller sold 3,000 shares of Horace Mann Educators stock in a transaction dated 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 transaction, the director now owns 27,664 shares in the company, valued at $1,086,641.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Bret A. Conklin sold 6,466 shares of Horace Mann Educators stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $35.99, for a total transaction of $232,711.34. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,309 shares of company stock valued at $499,302. 2.50% of the stock is currently owned by company insiders.

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Horace Mann Educators Company Profile

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

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