Horace Mann Educators Corporation (HMN) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. grew its position in Horace Mann Educators Corporation (NYSE:HMN) by 16.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,973,583 shares of the insurance provider’s stock after acquiring an additional 275,740 shares during the period. Victory Capital Management Inc. owned 4.85% of Horace Mann Educators Corporation worth $77,661,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HMN. Advisor Group Inc. raised its stake in shares of Horace Mann Educators Corporation by 32.0% in the second quarter. Advisor Group Inc. now owns 3,023 shares of the insurance provider’s stock valued at $114,000 after acquiring an additional 733 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Horace Mann Educators Corporation by 41.3% in the first quarter. SG Americas Securities LLC now owns 3,709 shares of the insurance provider’s stock valued at $152,000 after acquiring an additional 1,085 shares during the last quarter. Stifel Financial Corp bought a new position in shares of Horace Mann Educators Corporation in the first quarter valued at approximately $206,000. Amalgamated Bank raised its stake in shares of Horace Mann Educators Corporation by 1.4% in the second quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock valued at $210,000 after acquiring an additional 78 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. raised its stake in shares of Horace Mann Educators Corporation by 184.2% in the second quarter. NN Investment Partners Holdings N.V. now owns 6,225 shares of the insurance provider’s stock valued at $235,000 after acquiring an additional 4,035 shares during the last quarter. Institutional investors own 98.20% of the company’s stock.

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In related news, Director Robert Stricker sold 3,500 shares of the stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $39.35, for a total value of $137,725.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is owned by corporate insiders.

Horace Mann Educators Corporation (NYSE:HMN) last issued its quarterly earnings data on Tuesday, October 24th. The insurance provider reported $0.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.47. The business had revenue of $289.80 million during the quarter, compared to the consensus estimate of $293.10 million. Horace Mann Educators Corporation had a net margin of 5.56% and a return on equity of 5.00%. The firm’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 EPS.

Several research analysts recently weighed in on HMN shares. Keefe, Bruyette & Woods restated a “sell” rating and issued a $35.00 price objective on shares of Horace Mann Educators Corporation in a research report on Friday, August 18th. TheStreet cut shares of Horace Mann Educators Corporation from a “b” rating to a “c+” rating in a research report on Monday, August 28th. BidaskClub upgraded shares of Horace Mann Educators Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research cut shares of Horace Mann Educators Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th.

About Horace Mann Educators Corporation

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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