Ergoteles LLC Makes New Investment in Horace Mann Educators Co. (NYSE:HMN)

Ergoteles LLC bought a new stake in Horace Mann Educators Co. (NYSE:HMN – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,850 shares of the insurance provider’s stock, valued at approximately $206,000.

Several other large investors also recently bought and sold shares of HMN. Assetmark Inc. boosted its stake in shares of Horace Mann Educators by 29.8% during the third quarter. Assetmark Inc. now owns 1,350 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 310 shares during the last quarter. Inspire Investing LLC raised its holdings in shares of Horace Mann Educators by 6.4% in the 3rd quarter. Inspire Investing LLC now owns 5,850 shares of the insurance provider’s stock worth $206,000 after purchasing an additional 353 shares during the period. Yousif Capital Management LLC raised its holdings in shares of Horace Mann Educators by 1.0% during the 1st quarter. Yousif Capital Management LLC now owns 38,359 shares of the insurance provider’s stock valued at $1,605,000 after buying an additional 389 shares during the period. Ronald Blue Trust Inc. raised its holdings in shares of Horace Mann Educators by 28.8% during the 3rd quarter. Ronald Blue Trust Inc. now owns 2,292 shares of the insurance provider’s stock valued at $88,000 after buying an additional 512 shares during the period. Finally, Texas Permanent School Fund raised its holdings in shares of Horace Mann Educators by 2.0% during the 2nd quarter. Texas Permanent School Fund now owns 29,945 shares of the insurance provider’s stock valued at $1,149,000 after buying an additional 599 shares during the period.

Horace Mann Educators Stock Down 0.1 %

HMN opened at $36.68 on Tuesday. Horace Mann Educators Co. has a one year low of $32.21 and a one year high of $42.62. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.11. The stock’s fifty day moving average is $36.71 and its 200-day moving average is $37.06. The company has a market capitalization of $1.50 billion, a PE ratio of -524.00 and a beta of 0.40.

Analysts Set New Price Targets

Separately, Piper Sandler reiterated a “neutral” rating and issued a $38.00 target price on shares of Horace Mann Educators in a research report on Wednesday, February 8th.

Insider Transactions at Horace Mann Educators

In other news, EVP Matthew P. Sharpe sold 3,500 shares of Horace Mann Educators stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $37.94, for a total transaction of $132,790.00. Following the transaction, the executive vice president now owns 57,370 shares in the company, valued at $2,176,617.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Horace Mann Educators news, EVP Matthew P. Sharpe sold 3,500 shares of the business’s stock in a transaction dated Tuesday, December 27th. The stock was sold at an average price of $37.94, for a total value of $132,790.00. Following the transaction, the executive vice president now owns 57,370 shares in the company, valued at $2,176,617.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Matthew P. Sharpe sold 3,478 shares of the business’s stock in a transaction dated Monday, January 30th. The shares were sold at an average price of $33.99, for a total value of $118,217.22. Following the completion of the transaction, the executive vice president now owns 54,353 shares in the company, valued at approximately $1,847,458.47. The disclosure for this sale can be found here. Insiders have sold 7,538 shares of company stock valued at $271,968 over the last three months. Company insiders own 3.20% of the company’s stock.

Horace Mann Educators Profile

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Horace Mann Educators Corp. is an insurance holding company, which engages in the provision of insurance and retirement solutions to educators and school employees. It operates through the following business segments: Property and Casualty, Supplemental, Retirement, Life, and Corporate and Other. The Property and Casualty segment focuses on personal lines of automobile and property insurance products.