Horace Mann Educators (NYSE:HMN)‘s stock had its “hold” rating reissued by investment analysts at Keefe, Bruyette & Woods in a report released on Wednesday.

Several other research firms also recently issued reports on HMN. BidaskClub upgraded Horace Mann Educators from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded Horace Mann Educators from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Finally, TheStreet upgraded Horace Mann Educators from a “c+” rating to a “b-” rating in a research note on Wednesday, September 27th.

Shares of Horace Mann Educators (HMN) traded down $0.80 during midday trading on Wednesday, reaching $45.50. The company’s stock had a trading volume of 270,155 shares, compared to its average volume of 158,531. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.18. Horace Mann Educators has a 1 year low of $33.85 and a 1 year high of $47.65. The stock has a market capitalization of $1,893.06, a P/E ratio of 29.09 and a beta of 1.17.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Tuesday, October 24th. The insurance provider reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.47. The firm had revenue of $289.80 million for the quarter, compared to the consensus estimate of $293.10 million. Horace Mann Educators had a return on equity of 4.94% and a net margin of 5.56%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. equities research analysts forecast that Horace Mann Educators will post 1.7 EPS for the current fiscal year.

In other news, Director Robert Stricker sold 3,829 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total transaction of $175,176.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank boosted its stake in Horace Mann Educators by 1.4% during the 2nd quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock valued at $210,000 after purchasing an additional 78 shares during the period. Arizona State Retirement System boosted its stake in Horace Mann Educators by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 21,166 shares of the insurance provider’s stock valued at $800,000 after purchasing an additional 100 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in Horace Mann Educators by 1.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 25,564 shares of the insurance provider’s stock valued at $966,000 after purchasing an additional 248 shares during the period. Texas Permanent School Fund boosted its stake in Horace Mann Educators by 1.4% during the 2nd quarter. Texas Permanent School Fund now owns 29,601 shares of the insurance provider’s stock valued at $1,119,000 after purchasing an additional 395 shares during the period. Finally, Aperio Group LLC boosted its stake in Horace Mann Educators by 2.9% during the 2nd quarter. Aperio Group LLC now owns 24,199 shares of the insurance provider’s stock valued at $915,000 after purchasing an additional 681 shares during the period. Institutional investors own 98.26% of the company’s stock.

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Horace Mann Educators 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.

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