Tudor Investment Corp ET AL Lowers Stake in Horace Mann Educators Corporation $HMN

Tudor Investment Corp ET AL cut its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 83.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,415 shares of the insurance provider’s stock after selling 141,442 shares during the period. Tudor Investment Corp ET AL owned approximately 0.07% of Horace Mann Educators worth $1,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HMN. Caxton Associates LLP purchased a new position in Horace Mann Educators during the third quarter worth approximately $820,000. Qube Research & Technologies Ltd grew its holdings in Horace Mann Educators by 156.7% in the third quarter. Qube Research & Technologies Ltd now owns 110,417 shares of the insurance provider’s stock valued at $4,988,000 after purchasing an additional 67,408 shares during the period. Mariner LLC increased its position in shares of Horace Mann Educators by 8.6% in the third quarter. Mariner LLC now owns 16,641 shares of the insurance provider’s stock valued at $752,000 after buying an additional 1,316 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Horace Mann Educators in the third quarter valued at approximately $219,000. Finally, Millennium Management LLC raised its stake in shares of Horace Mann Educators by 310.0% during the 3rd quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock worth $12,427,000 after buying an additional 208,014 shares during the period. Hedge funds and other institutional investors own 99.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HMN shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research report on Wednesday, January 28th. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Horace Mann Educators presently has an average rating of “Buy” and a consensus target price of $47.33.

Insiders Place Their Bets

In other Horace Mann Educators news, Director Victor Fetter bought 3,500 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $42.73 per share, with a total value of $149,555.00. Following the purchase, the director directly owned 22,292 shares in the company, valued at $952,537.16. This trade represents a 18.62% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 4.00% of the company’s stock.

Horace Mann Educators Price Performance

NYSE:HMN opened at $42.32 on Monday. Horace Mann Educators Corporation has a 12 month low of $38.76 and a 12 month high of $48.33. The stock has a 50 day moving average of $42.98 and a two-hundred day moving average of $44.48. 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 firm has a market cap of $1.71 billion, a P/E ratio of 10.85 and a beta of 0.06.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. The business had revenue of $434.80 million for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%. On average, analysts expect that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is 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 36.92%.

Horace Mann Educators 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.