US Bancorp DE Purchases 2,888 Shares of Horace Mann Educators Co. (NYSE:HMN)

US Bancorp DE raised its stake in Horace Mann Educators Co. (NYSE:HMN) by 1,729.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,055 shares of the insurance provider’s stock after acquiring an additional 2,888 shares during the quarter. US Bancorp DE’s holdings in Horace Mann Educators were worth $102,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Point72 Hong Kong Ltd bought a new position in shares of Horace Mann Educators during the second quarter worth approximately $83,000. SG Americas Securities LLC acquired a new stake in Horace Mann Educators in the fourth quarter valued at approximately $118,000. Captrust Financial Advisors boosted its position in Horace Mann Educators by 37.9% in the first quarter. Captrust Financial Advisors now owns 3,882 shares of the insurance provider’s stock valued at $162,000 after buying an additional 1,066 shares in the last quarter. UBS Group AG lifted its holdings in shares of Horace Mann Educators by 191.5% during the third quarter. UBS Group AG now owns 4,247 shares of the insurance provider’s stock worth $149,000 after purchasing an additional 2,790 shares during the period. Finally, Advisor Partners II LLC acquired a new position in shares of Horace Mann Educators during the fourth quarter worth $208,000. 99.28% of the stock is owned by institutional investors.

Horace Mann Educators Stock Down 0.6 %

Horace Mann Educators stock opened at $28.66 on Friday. The stock has a market cap of $1.17 billion, a PE ratio of -106.14 and a beta of 0.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.10 and a current ratio of 0.10. Horace Mann Educators Co. has a fifty-two week low of $27.81 and a fifty-two week high of $40.13. The firm’s 50-day simple moving average is $29.08 and its 200 day simple moving average is $31.80.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Tuesday, August 1st. The insurance provider reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. Horace Mann Educators had a negative net margin of 0.77% and a positive return on equity of 3.24%. The business had revenue of $356.40 million for the quarter, compared to analyst estimates of $375.40 million. Research analysts predict that Horace Mann Educators Co. will post 1.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Horace Mann Educators in a research report on Thursday, August 17th. They set a “hold” rating on the stock.

About Horace Mann Educators

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