Thrivent Financial for Lutherans Lowers Position in Horace Mann Educators Co. (NYSE:HMN)

Thrivent Financial for Lutherans lowered its holdings in Horace Mann Educators Co. (NYSE:HMNGet Rating) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,951 shares of the insurance provider’s stock after selling 325 shares during the period. Thrivent Financial for Lutherans’ holdings in Horace Mann Educators were worth $1,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HMN. Citadel Advisors LLC raised its holdings in shares of Horace Mann Educators by 128.0% in the 3rd quarter. Citadel Advisors LLC now owns 219,829 shares of the insurance provider’s stock valued at $7,758,000 after acquiring an additional 123,432 shares in the last quarter. Putnam Investments LLC raised its holdings in shares of Horace Mann Educators by 240.0% during the 3rd quarter. Putnam Investments LLC now owns 137,137 shares of the insurance provider’s stock valued at $4,840,000 after buying an additional 96,803 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Horace Mann Educators by 1,028.1% during the 1st quarter. Renaissance Technologies LLC now owns 93,631 shares of the insurance provider’s stock valued at $3,917,000 after buying an additional 85,331 shares in the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Horace Mann Educators by 465.6% during the 4th quarter. Hodges Capital Management Inc. now owns 70,700 shares of the insurance provider’s stock valued at $2,642,000 after buying an additional 58,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Horace Mann Educators by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,211,324 shares of the insurance provider’s stock valued at $113,328,000 after buying an additional 47,911 shares in the last quarter.

Horace Mann Educators Price Performance

HMN opened at $32.88 on Friday. The stock’s 50 day simple moving average is $32.93 and its 200 day simple moving average is $35.61. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.10 and a quick ratio of 0.10. Horace Mann Educators Co. has a 1 year low of $30.61 and a 1 year high of $42.24. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of -126.46 and a beta of 0.40.

Horace Mann Educators Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Thursday, March 16th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.01%. This is a positive change from Horace Mann Educators’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Wednesday, March 15th. Horace Mann Educators’s dividend payout ratio (DPR) is presently -507.69%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Piper Sandler decreased their price objective on Horace Mann Educators from $38.00 to $36.00 in a report on Wednesday, April 5th. StockNews.com assumed coverage on Horace Mann Educators in a report on Thursday. They set a “hold” rating on the stock.

Horace Mann Educators Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Horace Mann Educators (NYSE:HMN)

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