Fuller & Thaler Asset Management Inc. Sells 189,325 Shares of Horace Mann Educators Co. (NYSE:HMN)

Fuller & Thaler Asset Management Inc. lowered its position in Horace Mann Educators Co. (NYSE:HMN - Free Report) by 7.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,263,693 shares of the insurance provider's stock after selling 189,325 shares during the period. Fuller & Thaler Asset Management Inc. owned 5.55% of Horace Mann Educators worth $88,805,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in Horace Mann Educators by 389.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 779 shares of the insurance provider's stock worth $31,000 after purchasing an additional 620 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of Horace Mann Educators by 806.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,296 shares of the insurance provider's stock worth $51,000 after buying an additional 1,153 shares during the period. GAMMA Investing LLC increased its stake in shares of Horace Mann Educators by 72.9% in the 4th quarter. GAMMA Investing LLC now owns 1,591 shares of the insurance provider's stock worth $62,000 after acquiring an additional 671 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in Horace Mann Educators during the 4th quarter valued at about $92,000. Finally, KBC Group NV boosted its stake in Horace Mann Educators by 42.3% during the fourth quarter. KBC Group NV now owns 2,378 shares of the insurance provider's stock worth $93,000 after acquiring an additional 707 shares in the last quarter. Hedge funds and other institutional investors own 99.28% of the company's stock.

Horace Mann Educators Stock Up 1.1 %

Shares of NYSE:HMN traded up $0.44 during trading on Monday, reaching $41.14. 64,141 shares of the stock traded hands, compared to its average volume of 241,714. Horace Mann Educators Co. has a 52-week low of $31.81 and a 52-week high of $43.69. The stock has a market cap of $1.68 billion, a P/E ratio of 16.54 and a beta of 0.21. The stock has a 50-day moving average of $41.16 and a two-hundred day moving average of $40.02. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.09 and a current ratio of 0.10.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.04 by $0.58. Horace Mann Educators had a return on equity of 10.58% and a net margin of 6.44%. As a group, sell-side analysts expect that Horace Mann Educators Co. will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.35 per share. The ex-dividend date was Monday, March 17th. This represents a $1.40 annualized dividend and a yield of 3.40%. This is a boost from Horace Mann Educators's previous quarterly dividend of $0.34. Horace Mann Educators's dividend payout ratio is currently 56.45%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Horace Mann Educators from $44.00 to $45.00 and gave the company a "market perform" rating in a report on Tuesday, February 11th. JMP Securities reissued a "market perform" rating on shares of Horace Mann Educators in a report on Friday, February 7th. Finally, Piper Sandler raised their price target on Horace Mann Educators from $42.00 to $44.00 and gave the company a "neutral" rating in a report on Friday, February 7th.

Insider Activity

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 2,816 shares of Horace Mann Educators stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $42.86, for a total value of $120,693.76. Following the completion of the sale, the director now owns 13,643 shares of the company's stock, valued at approximately $584,738.98. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Marita Zuraitis sold 5,000 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $43.09, for a total value of $215,450.00. Following the transaction, the chief executive officer now directly owns 320,451 shares in the company, valued at $13,808,233.59. The trade was a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,816 shares of company stock valued at $485,624 in the last 90 days. 3.80% of the stock is currently owned by insiders.

Horace Mann Educators Company 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.