Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $50.99, for a total transaction of $382,425.00. Following the transaction, the chief executive officer owned 299,629 shares in the company, valued at approximately $15,278,082.71. This trade represents a 2.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marita Zuraitis also recently made the following trade(s):
- On Monday, August 3rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $52.03, for a total transaction of $390,225.00.
- On Wednesday, July 1st, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $52.62, for a total transaction of $394,650.00.
Horace Mann Educators Price Performance
Shares of HMN stock opened at $51.84 on Friday. Horace Mann Educators Corporation has a 1 year low of $41.29 and a 1 year high of $55.56. The firm’s 50 day moving average is $51.99 and its 200-day moving average is $47.46. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 12.11 and a beta of 0.08. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40.
Horace Mann Educators Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.36 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.8%. Horace Mann Educators’s payout ratio is presently 33.64%.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $59.00 price objective on shares of Horace Mann Educators in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 15th. Finally, Zacks Research upgraded shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Three investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Horace Mann Educators currently has a consensus rating of “Strong Buy” and an average price target of $59.00.
View Our Latest Analysis on HMN
Institutional Investors Weigh In On Horace Mann Educators
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio acquired a new position in Horace Mann Educators in the 2nd quarter worth $33,000. EverSource Wealth Advisors LLC raised its stake in shares of Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 627 shares during the period. Nykredit A S bought a new stake in shares of Horace Mann Educators in the second quarter valued at about $43,000. Kemnay Advisory Services Inc. acquired a new position in shares of Horace Mann Educators during the fourth quarter worth about $51,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Horace Mann Educators during the fourth quarter worth about $51,000. 99.28% of the stock is currently owned by institutional investors and hedge funds.
Horace Mann Educators Company Profile
Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.
In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.
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