Horace Mann Educators (NYSE:HMN) CEO Marita Zuraitis Sells 266 Shares

Key Points

• Horace Mann CEO Marita Zuraitis sold 266 shares on May 4 at an average price of $46.16 under a pre-arranged Rule 10b5-1 plan, leaving her with 315,731 shares (a ~0.08% ownership decrease); she also sold 6,815 shares on May 1 and 7,500 shares on April 23.
• The company increased its quarterly dividend to $0.36 (annualized $1.44), implying a yield of about 3.1% and a payout ratio near 36.9%.
• Analysts hold a consensus Buy rating with an average target of $47.33, while HMN trades near $46 with a market cap of $1.86 billion and a P/E of 11.82 (52-week range $40.04–$48.33).

Horace Mann Educators Corporation (NYSE:HMN - Get Free Report) CEO Marita Zuraitis sold 266 shares of the firm's stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $46.16, for a total value of $12,278.56. Following the completion of the transaction, the chief executive officer owned 315,731 shares in the company, valued at approximately $14,574,142.96. This trade represents a 0.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marita Zuraitis also recently made the following trade(s):

• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total transaction of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00.

Horace Mann Educators Price Performance

HMN stock traded up $0.51 on Tuesday, hitting $46.07. 122,909 shares of the company's stock traded hands, compared to its average volume of 242,052. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 11.82 and a beta of 0.11. Horace Mann Educators Corporation has a 1-year low of $40.04 and a 1-year high of $48.33. The stock has a fifty day moving average of $43.63 and a 200-day moving average of $44.35.

Horace Mann Educators (NYSE:HMN - Get Free Report) last announced its earnings results on Friday, February 27th. The insurance provider reported $1.21 EPS for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%.The business had revenue of $434.80 million during the quarter. On average, analysts forecast that Horace Mann Educators Corporation will post 4.36 EPS for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, March 17th. This is an increase from Horace Mann Educators's previous quarterly dividend of $0.35. Horace Mann Educators's payout ratio is currently 36.92%.

Analysts Set New Price Targets

HMN has been the topic of several recent research reports. Weiss Ratings restated a "buy (b)" rating on shares of Horace Mann Educators in a report on Monday, April 27th. Wall Street Zen downgraded shares of Horace Mann Educators from a "buy" rating to a "hold" rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Horace Mann Educators presently has a consensus rating of "Buy" and an average target price of $47.33.

Institutional Investors Weigh In On Horace Mann Educators

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of Horace Mann Educators by 36.2% in the 1st quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider's stock valued at $352,000 after purchasing an additional 2,194 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider's stock valued at $1,045,000 after purchasing an additional 1,064 shares during the period. Caxton Associates LLP acquired a new position in Horace Mann Educators during the 1st quarter worth approximately $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Horace Mann Educators by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider's stock worth $5,930,000 after purchasing an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Horace Mann Educators by 313.8% during the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider's stock worth $3,916,000 after buying an additional 69,492 shares during the last quarter. Institutional investors own 99.28% of the company's stock.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.

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