Silvercrest Asset Management Group LLC decreased its position in Horace Mann Educators Corporation (NYSE:HMN) by 20.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,410,663 shares of the company’s stock after selling 636,352 shares during the period. Horace Mann Educators Corporation comprises about 1.2% of Silvercrest Asset Management Group LLC’s portfolio, making the stock its 11th largest position. Silvercrest Asset Management Group LLC owned about 5.99% of Horace Mann Educators Corporation worth $103,177,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio raised its position in shares of Horace Mann Educators Corporation by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 38,599 shares of the company’s stock worth $1,304,000 after buying an additional 132 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in shares of Horace Mann Educators Corporation by 1.2% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,140 shares of the company’s stock worth $445,000 after buying an additional 140 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in shares of Horace Mann Educators Corporation by 1.7% in the second quarter. Metropolitan Life Insurance Co. NY now owns 28,431 shares of the company’s stock worth $961,000 after buying an additional 476 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of Horace Mann Educators Corporation by 13.9% in the second quarter. Teacher Retirement System of Texas now owns 5,698 shares of the company’s stock worth $193,000 after buying an additional 697 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its position in shares of Horace Mann Educators Corporation by 1.3% in the third quarter. Great West Life Assurance Co. Can now owns 54,192 shares of the company’s stock worth $1,984,000 after buying an additional 714 shares in the last quarter. 99.64% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Horace Mann Educators Corporation (NYSE:HMN) traded up 0.95% on Thursday, reaching $42.30. The company’s stock had a trading volume of 192,389 shares. Horace Mann Educators Corporation has a 52-week low of $30.25 and a 52-week high of $44.15. The stock has a market cap of $1.70 billion, a P/E ratio of 20.95 and a beta of 1.05. The firm’s 50 day moving average is $42.41 and its 200-day moving average is $38.74.

Horace Mann Educators Corporation (NYSE:HMN) last posted its earnings results on Monday, February 6th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.12. Horace Mann Educators Corporation had a return on equity of 5.82% and a net margin of 7.42%. The company had revenue of $282.80 million for the quarter, compared to analyst estimates of $283.90 million. During the same quarter last year, the company earned $0.50 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities research analysts forecast that Horace Mann Educators Corporation will post $2.09 EPS for the current year.

“Horace Mann Educators Corporation (HMN) Stake Lowered by Silvercrest Asset Management Group LLC” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this story on another domain, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at http://www.dailypolitical.com/2017/02/16/horace-mann-educators-corporation-hmn-stake-lowered-by-silvercrest-asset-management-group-llc.html.

A number of brokerages have commented on HMN. Langen Mcalenn lowered Horace Mann Educators Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, November 2nd. Janney Montgomery Scott lowered Horace Mann Educators Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, November 2nd. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Horace Mann Educators Corporation from a “hold” rating to a “strong sell” rating in a report on Thursday, February 9th.

In other news, SVP Bret A. Conklin sold 2,693 shares of the firm’s stock in a transaction that occurred on Wednesday, December 7th. The stock was sold at an average price of $41.61, for a total value of $112,055.73. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 2.10% of the stock is owned by company 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.

5 Day Chart for NYSE:HMN

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).

Receive News & Ratings for Horace Mann Educators Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators Corporation and related companies with MarketBeat.com's FREE daily email newsletter.