KBC Group NV Has $93,000 Position in Horace Mann Educators Co. (NYSE:HMN)

KBC Group NV increased its position in shares of Horace Mann Educators Co. (NYSE:HMN) by 42.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,378 shares of the insurance provider’s stock after purchasing an additional 707 shares during the period. KBC Group NV’s holdings in Horace Mann Educators were worth $93,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HMN. GAMMA Investing LLC boosted its stake in shares of Horace Mann Educators by 142.1% in the 3rd quarter. GAMMA Investing LLC now owns 920 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 540 shares in the last quarter. Integrated Investment Consultants LLC bought a new position in Horace Mann Educators in the 4th quarter valued at approximately $216,000. Captrust Financial Advisors bought a new stake in shares of Horace Mann Educators during the third quarter worth $209,000. ClearAlpha Technologies LP acquired a new position in shares of Horace Mann Educators during the third quarter worth $267,000. Finally, FMR LLC lifted its stake in shares of Horace Mann Educators by 49.7% in the 3rd quarter. FMR LLC now owns 8,525 shares of the insurance provider’s stock valued at $298,000 after acquiring an additional 2,830 shares during the last quarter. 99.28% of the stock is owned by institutional investors.

Horace Mann Educators Stock Up 0.8 %

Shares of HMN opened at $41.14 on Monday. The stock’s 50-day moving average price is $39.31 and its two-hundred day moving average price is $37.37. Horace Mann Educators Co. has a 12 month low of $31.81 and a 12 month high of $43.26. The company has a market capitalization of $1.68 billion, a PE ratio of 16.59 and a beta of 0.31. The company has a current ratio of 0.10, a quick ratio of 0.09 and a debt-to-equity ratio of 0.42.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.58. Horace Mann Educators had a return on equity of 10.58% and a net margin of 6.44%. On average, analysts anticipate that Horace Mann Educators Co. will post 3.82 EPS for the current year.

Horace Mann Educators Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Monday, December 16th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 54.84%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods lowered Horace Mann Educators from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $39.00 to $44.00 in a research report on Tuesday, November 12th. JMP Securities restated a “market perform” rating on shares of Horace Mann Educators in a report on Friday. Finally, Piper Sandler raised their price objective on shares of Horace Mann Educators from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Friday. Four investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Horace Mann Educators has a consensus rating of “Hold” and an average target price of $43.33.

Insider Buying and Selling

In related news, Director Beverley J. Mcclure sold 2,817 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $38.36, for a total transaction of $108,060.12. Following the transaction, the director now directly owns 16,352 shares of the company’s stock, valued at $627,262.72. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marita Zuraitis sold 4,000 shares of Horace Mann Educators stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $37.37, for a total transaction of $149,480.00. Following the completion of the sale, the chief executive officer now directly owns 294,324 shares of the company’s stock, valued at approximately $10,998,887.88. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,817 shares of company stock valued at $583,020 over the last quarter. Insiders own 3.80% of the company’s stock.

Horace Mann Educators Profile

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, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters.