Horace Mann Educators Corporation (HMN) Stake Raised by Aperio Group LLC

Aperio Group LLC boosted its stake in Horace Mann Educators Corporation (NYSE:HMN) by 2.9% during the second quarter, Holdings Channel reports. The firm owned 24,199 shares of the insurance provider’s stock after buying an additional 681 shares during the period. Aperio Group LLC’s holdings in Horace Mann Educators Corporation were worth $915,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HMN. BlackRock Inc. raised its position in 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 valued at $219,132,000 after buying an additional 5,327,848 shares during the period. Victory Capital Management Inc. raised 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. Vanguard Group Inc. raised 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. Great Lakes Advisors LLC raised its position in shares of Horace Mann Educators Corporation by 133.1% in the first quarter. Great Lakes Advisors LLC now owns 262,536 shares of the insurance provider’s stock worth $10,777,000 after buying an additional 149,890 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Horace Mann Educators Corporation by 49.1% in the first quarter. Nuveen Asset Management LLC now owns 395,250 shares of the insurance provider’s stock worth $16,225,000 after buying an additional 130,085 shares during the last quarter. Hedge funds and other institutional investors own 98.36% of the company’s stock.

Shares of Horace Mann Educators Corporation (HMN) traded up 0.41% on Friday, reaching $37.10. 54,630 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.51 billion, a P/E ratio of 23.92 and a beta of 1.05. The firm has a 50 day moving average of $36.90 and a 200 day moving average of $39.09. Horace Mann Educators Corporation has a one year low of $33.30 and a one year high of $44.15.

Horace Mann Educators Corporation (NYSE:HMN) last issued its quarterly earnings data on Monday, July 24th. The insurance provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.09. The company had revenue of $291.40 million for the quarter, compared to analysts’ expectations of $290.40 million. Horace Mann Educators Corporation had a return on equity of 4.56% and a net margin of 5.59%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 EPS. On average, equities research analysts predict that Horace Mann Educators Corporation will post $1.48 EPS for the current year.

WARNING: “Horace Mann Educators Corporation (HMN) Stake Raised by Aperio Group LLC” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another domain, it was illegally copied and republished in violation of U.S. and international trademark and copyright law. The legal version of this article can be viewed at https://www.com-unik.info/2017/08/18/horace-mann-educators-corporation-hmn-stake-raised-by-aperio-group-llc.html.

A number of brokerages have issued reports on HMN. BidaskClub upgraded shares of Horace Mann Educators Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. Zacks Investment Research lowered shares of Horace Mann Educators Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. Finally, Keefe, Bruyette & Woods restated a “sell” rating and set a $37.00 price target on shares of Horace Mann Educators Corporation in a research note 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 company. The stock has an average rating of “Sell” and an average target price of $38.50.

In other news, CFO Bret A. Conklin sold 4,085 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $37.95, for a total transaction of $155,025.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Matthew P. Sharpe sold 2,355 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $38.50, for a total transaction of $90,667.50. The disclosure for this sale can be found here. 2.10% of the stock is currently owned by 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.

Want to see what other hedge funds are holding HMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Horace Mann Educators Corporation (NYSE:HMN).

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

What are top analysts saying about Horace Mann Educators Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Horace Mann Educators Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit