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Analysts at StockNews.com have initiated coverage of Horace Mann Educators (NYSE:HMN).

Elaine Mendonça by Elaine Mendonça
March 19, 2023
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Investors received an email on Thursday from the research analysts at StockNews.com informing them that they had begun providing coverage of Horace Mann Educators (NYSE: HMN).

The investment advisory firm has suggested to clients that they “hold” onto the insurance provider’s stock in their portfolios.

On Thursday, a share of HMN stock was $33.73, the same as the previous day.

The debt-to-equity ratio is calculated to be 0.23, the current ratio is calculated to be 0.11, and the quick ratio is also calculated to be 0.11.

During the previous year, the cost of a pair of Horace Mann educators was anywhere from $32.21 to $42.62 at various points.

The company’s simple moving average for the past 50 days is 36.44 dollars, and the simple moving average for the past 200 days is 36.97 dollars.

The company’s market capitalization is currently sitting at $1.38 billion, its price-to-earnings ratio is negative -481.86, and its beta value is 0.40.
Piper Sandler reaffirmed a “neutral” rating on shares of Horace Mann Educators in a separate research report published on Wednesday, February 8.

Piper Sandler also set a price objective of $38.00 for the company.
Matthew P. Sharpe, Executive Vice President of Horace Mann Educators, sold 3,500 shares of the company’s stock on Tuesday, December 27.

Another occurrence that took place can be found here.

The company’s stock was bought and sold for a total value of $132,790.00, with each share changing hands at an average price of $37.94. Following the completion of the transaction, the executive vice president was awarded 57,370 company shares, each of which had an estimated value of $2,176,617.80.

This information regarding the transaction was included in a filing submitted to the SEC, and it is possible to obtain a copy of that filing by following this link.

According to additional Horace Mann Educators news, Executive Vice President Matthew P. Sharpe sold 3,500 shares of the company’s stock on Tuesday, December 27.

The company reported this information.

The company’s stock was bought and sold for a total value of $132,790.00, with each share changing hands at an average price of $37.94. Following the completion of the transaction, the executive vice president was awarded 57,370 company shares, each of which had an estimated value of $2,176,617.80.

An SEC document that can be accessed through the SEC website provides a comprehensive explanation of the transaction, which can be read there.

In addition, Executive Vice President Matthew P. Sharpe sold 3,478 shares of the company’s stock on January 30.

After doing the math, it was determined that each share brought in $33.99, which brought the total revenue from the stock sale to 118,217.22 dollars. Following the completion of the transaction, the executive vice president will have a total of 54,353 shares of the company, each of which will be valued at $1,847,458.47.

Disclosures related to the sale might be found in this website section.

Insiders of the company have sold 7,538 shares of company stock over the most recent three months, bringing in a total of $271,968.

The current percentage of the company’s stock held by company insiders is 3.20 percent.

Recent months have seen several significant investors make adjustments to the strategies they employ when investing in HMN.

Assetmark INC increased its holdings in Horace Mann Educators by 29.8 percent during the third quarter of the current fiscal year.

Assetmark INC now has 1,350 shares of the insurance provider after purchasing an additional 310 shares during the most recent quarter.

The current value of Assetmark INC’s shares of the insurance provider is $48,000.

During the year’s second quarter, Ronald Blue Trust, INC provided Horace Mann Educators with an investment of approximately $74,000. Rockefeller Capital Management L.P.

Purchased a staggering 246.2% more Horace Mann Educators stock during the third quarter.

After making an additional purchase of 1,344 of those shares during the most recent quarter, Rockefeller Capital Management L.P. now owns 1,890 shares in the insurance provider, valued at $66,000.

This brings the total number of shares that the firm has in its possession to 1,890.

During the second quarter, Point72 Hong Kong Ltd brought a new member to the Horace Mann Educators team and forked over approximately $83,000 in compensation for their work.

During the fourth quarter, S.G.

Americas Securities LLC increased its holdings in Horace Mann Educators by purchasing a new investment valued at approximately 118 thousand dollars.

This brought the total amount spent during the quarter to approximately 118 thousand dollars.

The Horace Mann Educators Corp.

Is a holding company that operates in the insurance industry and offers a variety of insurance and retirement options to teachers and other school personnel.

The company is named after Horace Mann, who founded it.

This company has several different operating business segments that it participates in, including corporate and other, supplemental, retirement, life, and property and casualty.

The personal lines of insurance products, most notably automobile and property insurance, are the primary focus of the property and casualty business, which places primary emphasis on these areas.

Tags: HMN, Analyst Rating
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

DISCLAIMER

Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security.

The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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