Barclays PLC Has $3.44 Million Holdings in Horace Mann Educators Co. (NYSE:HMN)

Barclays PLC boosted its holdings in shares of Horace Mann Educators Co. (NYSE:HMN - Free Report) by 25.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,704 shares of the insurance provider's stock after acquiring an additional 17,692 shares during the period. Barclays PLC owned approximately 0.22% of Horace Mann Educators worth $3,441,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its holdings in shares of Horace Mann Educators by 2.1% during the 4th quarter. Bank of Montreal Can now owns 13,269 shares of the insurance provider's stock valued at $521,000 after purchasing an additional 272 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Horace Mann Educators by 1.4% during the fourth quarter. Victory Capital Management Inc. now owns 21,690 shares of the insurance provider's stock worth $851,000 after acquiring an additional 305 shares in the last quarter. Sit Investment Associates Inc. raised its holdings in shares of Horace Mann Educators by 1.9% during the fourth quarter. Sit Investment Associates Inc. now owns 21,825 shares of the insurance provider's stock worth $856,000 after acquiring an additional 400 shares during the period. Harbor Capital Advisors Inc. lifted its position in Horace Mann Educators by 1.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 50,873 shares of the insurance provider's stock valued at $1,996,000 after acquiring an additional 581 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Horace Mann Educators by 389.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 779 shares of the insurance provider's stock worth $31,000 after purchasing an additional 620 shares during the period. 99.28% of the stock is owned by institutional investors and hedge funds.

Horace Mann Educators Stock Up 2.4 %

NYSE:HMN traded up $0.98 on Friday, hitting $42.36. 127,180 shares of the company's stock were exchanged, compared to its average volume of 243,909. The company has a market cap of $1.73 billion, a P/E ratio of 17.09 and a beta of 0.21. The firm has a 50-day moving average price of $41.26 and a 200-day moving average price of $40.14. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.10 and a quick ratio of 0.09. Horace Mann Educators Co. has a 52 week low of $31.81 and a 52 week high of $43.69.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly 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, analysts expect that Horace Mann Educators Co. will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.35 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.40 dividend on an annualized basis and a yield of 3.31%. This is a boost from Horace Mann Educators's previous quarterly dividend of $0.34. Horace Mann Educators's dividend payout ratio (DPR) is currently 56.45%.

Wall Street Analyst Weigh In

HMN has been the topic of several recent research reports. JMP Securities reissued a "market perform" rating on shares of Horace Mann Educators in a research note on Friday, February 7th. Piper Sandler lifted their target price on Horace Mann Educators from $42.00 to $44.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Finally, Keefe, Bruyette & Woods upped their price target on Horace Mann Educators from $44.00 to $45.00 and gave the stock a "market perform" rating in a research report on Tuesday, February 11th.

Insider Activity

In other news, Director Beverley J. Mcclure sold 2,816 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $42.86, for a total value of $120,693.76. Following the transaction, the director now owns 13,643 shares of the company's stock, valued at approximately $584,738.98. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Marita Zuraitis sold 4,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $37.37, for a total value of $149,480.00. Following the transaction, the chief executive officer now owns 294,324 shares in the company, valued at approximately $10,998,887.88. This trade represents a 1.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,816 shares of company stock valued at $485,624 in the last quarter. Company insiders own 3.80% of the company's stock.

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.