Swiss National Bank Has $3.69 Million Holdings in Horace Mann Educators Co. (NYSE:HMN)

Swiss National Bank lifted its position in Horace Mann Educators Co. (NYSE:HMN – Get Rating) by 0.5% in the 4th quarter, Holdings Channel reports. The fund owned 98,700 shares of the insurance provider’s stock after buying an additional 500 shares during the period. Swiss National Bank’s holdings in Horace Mann Educators were worth $3,688,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HMN. Oppenheimer Asset Management Inc. boosted its position in shares of Horace Mann Educators by 4.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 25,425 shares of the insurance provider’s stock worth $897,000 after buying an additional 1,117 shares during the period. Everence Capital Management Inc. purchased a new position in Horace Mann Educators during the 4th quarter valued at about $223,000. Hsbc Holdings PLC lifted its position in shares of Horace Mann Educators by 37.7% in the third quarter. Hsbc Holdings PLC now owns 151,823 shares of the insurance provider’s stock worth $5,472,000 after purchasing an additional 41,598 shares in the last quarter. ARGA Investment Management LP acquired a new stake in shares of Horace Mann Educators during the third quarter worth approximately $346,000. Finally, Hodges Capital Management Inc. grew its position in Horace Mann Educators by 465.6% during the fourth quarter. Hodges Capital Management Inc. now owns 70,700 shares of the insurance provider’s stock valued at $2,642,000 after purchasing an additional 58,200 shares in the last quarter.

Analyst Upgrades and Downgrades

HMN has been the subject of a number of research analyst reports. Piper Sandler cut their target price on shares of Horace Mann Educators from $38.00 to $36.00 in a research report on Wednesday, April 5th. StockNews.com started coverage on Horace Mann Educators in a research report on Thursday. They set a “hold” rating for the company.

Horace Mann Educators Stock Performance

HMN stock opened at $32.88 on Monday. The firm has a 50 day moving average of $32.93 and a two-hundred day moving average of $35.59. Horace Mann Educators Co. has a 12 month low of $30.61 and a 12 month high of $42.24. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of -126.46 and a beta of 0.40. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.22.

Horace Mann Educators Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders 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 an increase 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 is presently -507.69%.

Horace Mann Educators Company 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.