Great Lakes Advisors LLC cut its position in shares of Horace Mann Educators Corp. (NYSE:HMN) by 3.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,573 shares of the company’s stock after selling 5,338 shares during the period. Great Lakes Advisors LLC’s holdings in Horace Mann Educators Corp. were worth $5,335,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. State Street Corp raised its stake in Horace Mann Educators Corp. by 1.9% in the first quarter. State Street Corp now owns 836,127 shares of the company’s stock worth $26,496,000 after buying an additional 15,808 shares during the period. Barclays PLC raised its stake in Horace Mann Educators Corp. by 8.1% in the first quarter. Barclays PLC now owns 23,916 shares of the company’s stock worth $741,000 after buying an additional 1,800 shares during the period. Royal Bank of Canada raised its stake in Horace Mann Educators Corp. by 8.5% in the first quarter. Royal Bank of Canada now owns 739,245 shares of the company’s stock worth $23,427,000 after buying an additional 57,853 shares during the period. First Republic Investment Management Inc. raised its stake in Horace Mann Educators Corp. by 1.9% in the first quarter. First Republic Investment Management Inc. now owns 17,403 shares of the company’s stock worth $551,000 after buying an additional 323 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in Horace Mann Educators Corp. by 97.2% in the second quarter. BNP Paribas Arbitrage SA now owns 13,796 shares of the company’s stock worth $466,000 after buying an additional 6,799 shares during the period. 99.70% of the stock is owned by institutional investors.

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

Horace Mann Educators Corp. (NYSE:HMN) traded down 0.12% on Wednesday, reaching $40.15. The company’s stock had a trading volume of 151,236 shares. Horace Mann Educators Corp. has a one year low of $27.15 and a one year high of $40.75. The company has a market capitalization of $1.61 billion, a PE ratio of 19.68 and a beta of 1.09. The firm has a 50-day moving average of $37.13 and a 200-day moving average of $35.36.

Horace Mann Educators Corp. (NYSE:HMN) last posted its quarterly earnings results on Monday, October 31st. The company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.11. The business had revenue of $291.30 million for the quarter, compared to analysts’ expectations of $219.60 million. Horace Mann Educators Corp. had a return on equity of 5.72% and a net margin of 7.57%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share. Analysts predict that Horace Mann Educators Corp. will post $1.86 EPS for the current year.

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A number of research firms have commented on HMN. Zacks Investment Research raised Horace Mann Educators Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, September 28th. Janney Montgomery Scott lowered Horace Mann Educators Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 2nd. They noted that the move was a valuation call. Finally, Langen Mcalenn lowered Horace Mann Educators Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 2nd.

Horace Mann Educators Corp. Company Profile

Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States.

5 Day Chart for NYSE:HMN

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