ProShare Advisors LLC grew its stake in shares of Horace Mann Educators Co. (NYSE:HMN – Free Report) by 5.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 260,425 shares of the insurance provider’s stock after acquiring an additional 14,417 shares during the period. ProShare Advisors LLC owned 0.64% of Horace Mann Educators worth $8,719,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. grew its stake in shares of Horace Mann Educators by 78.3% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,473,441 shares of the insurance provider’s stock valued at $55,062,000 after buying an additional 646,999 shares in the last quarter. Channing Capital Management LLC grew its stake in shares of Horace Mann Educators by 37.5% in the 1st quarter. Channing Capital Management LLC now owns 1,420,783 shares of the insurance provider’s stock valued at $47,568,000 after buying an additional 387,203 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Horace Mann Educators by 11.9% in the 1st quarter. Bank of America Corp DE now owns 1,756,943 shares of the insurance provider’s stock valued at $58,822,000 after buying an additional 186,368 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of Horace Mann Educators by 128.0% in the 3rd quarter. Citadel Advisors LLC now owns 219,829 shares of the insurance provider’s stock valued at $7,758,000 after buying an additional 123,432 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in shares of Horace Mann Educators by 13.3% in the 1st quarter. New York State Common Retirement Fund now owns 769,260 shares of the insurance provider’s stock valued at $25,755,000 after buying an additional 90,113 shares in the last quarter. 99.28% of the stock is currently owned by hedge funds and other institutional investors.
Horace Mann Educators Stock Up 0.7 %
Shares of Horace Mann Educators stock opened at $29.40 on Friday. Horace Mann Educators Co. has a 12-month low of $27.81 and a 12-month high of $40.13. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average price of $28.93 and a two-hundred day moving average price of $31.10. The stock has a market capitalization of $1.20 billion, a P/E ratio of -108.88 and a beta of 0.40.
Horace Mann Educators Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.32 annualized dividend and a dividend yield of 4.49%. Horace Mann Educators’s dividend payout ratio is presently -488.87%.
Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of Horace Mann Educators in a research report on Thursday, August 17th. They set a “hold” rating on the stock.
View Our Latest Analysis on Horace Mann Educators
About Horace Mann Educators
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance and residential home insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters.
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