Horace Mann Educators Co. (NYSE:HMN) shares hit a new 52-week low during trading on Thursday . The company traded as low as $37.02 and last traded at $37.88, with a volume of 4154 shares trading hands. The stock had previously closed at $38.03.

HMN has been the topic of a number of research analyst reports. ValuEngine downgraded shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Zacks Investment Research raised shares of Horace Mann Educators from a “sell” rating to a “hold” rating in a research report on Wednesday, October 10th.

The stock has a market cap of $1.56 billion, a P/E ratio of 21.96 and a beta of 0.87. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.23.

Horace Mann Educators (NYSE:HMN) last posted its earnings results on Tuesday, October 30th. The insurance provider reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.07. The company had revenue of $311.40 million during the quarter. Horace Mann Educators had a net margin of 13.48% and a return on equity of 4.63%. As a group, sell-side analysts predict that Horace Mann Educators Co. will post 1.58 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Monday, December 17th will be given a $0.285 dividend. This represents a $1.14 annualized dividend and a yield of 2.98%. The ex-dividend date is Friday, December 14th. Horace Mann Educators’s dividend payout ratio is 65.52%.

In other Horace Mann Educators news, Director Steve Hassenmiller sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $40.39, for a total value of $121,170.00. Following the completion of the sale, the director now directly owns 27,664 shares of the company’s stock, valued at $1,117,348.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sandra L. Figurski sold 2,638 shares of the business’s stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $46.05, for a total transaction of $121,479.90. Following the completion of the sale, the insider now directly owns 6,441 shares of the company’s stock, valued at $296,608.05. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Horace Mann Educators by 1.7% in the third quarter. Vanguard Group Inc. now owns 4,179,041 shares of the insurance provider’s stock worth $187,640,000 after acquiring an additional 68,665 shares in the last quarter. Morgan Stanley grew its position in Horace Mann Educators by 70.1% in the third quarter. Morgan Stanley now owns 181,265 shares of the insurance provider’s stock worth $8,140,000 after acquiring an additional 74,692 shares in the last quarter. Legal & General Group Plc grew its position in Horace Mann Educators by 6.3% in the third quarter. Legal & General Group Plc now owns 107,738 shares of the insurance provider’s stock worth $4,842,000 after acquiring an additional 6,349 shares in the last quarter. AQR Capital Management LLC grew its position in Horace Mann Educators by 12.9% in the third quarter. AQR Capital Management LLC now owns 35,181 shares of the insurance provider’s stock worth $1,580,000 after acquiring an additional 4,026 shares in the last quarter. Finally, IndexIQ Advisors LLC grew its position in Horace Mann Educators by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 53,175 shares of the insurance provider’s stock worth $2,388,000 after acquiring an additional 2,008 shares in the last quarter.

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About Horace Mann Educators (NYSE:HMN)

Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates Property and Casualty Insurance, Annuity Products, and Life Insurance segments. 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 annuities; and life insurance products.

See Also: 52-Week High/Low

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