Oppenheimer Asset Management Inc. Sells 338 Shares of Horace Mann Educators Co. (NYSE:HMN)

Oppenheimer Asset Management Inc. lowered its stake in Horace Mann Educators Co. (NYSE:HMN) by 1.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,580 shares of the insurance provider’s stock after selling 338 shares during the period. Oppenheimer Asset Management Inc. owned approximately 0.05% of Horace Mann Educators worth $1,000,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of HMN. Quantamental Technologies LLC acquired a new stake in Horace Mann Educators in the second quarter valued at about $27,000. Simplex Trading LLC acquired a new stake in Horace Mann Educators in the third quarter valued at about $42,000. Quest Capital Management Inc. ADV acquired a new stake in Horace Mann Educators in the third quarter valued at about $49,000. Tower Research Capital LLC TRC acquired a new stake in Horace Mann Educators in the second quarter valued at about $69,000. Finally, US Bancorp DE boosted its stake in Horace Mann Educators by 11.2% in the second quarter. US Bancorp DE now owns 3,416 shares of the insurance provider’s stock valued at $137,000 after buying an additional 343 shares in the last quarter.

In other news, CFO Bret A. Conklin sold 10,175 shares of Horace Mann Educators stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $46.22, for a total transaction of $470,288.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Matthew P. Sharpe sold 3,500 shares of Horace Mann Educators stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $43.99, for a total value of $153,965.00. The disclosure for this sale can be found here. Insiders have sold 46,459 shares of company stock worth $2,133,711 over the last three months. Insiders own 2.50% of the company’s stock.

NYSE:HMN opened at $43.98 on Friday. The stock’s 50-day simple moving average is $44.94 and its 200 day simple moving average is $42.65. The firm has a market capitalization of $1.81 billion, a PE ratio of 64.68 and a beta of 0.61. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.20. Horace Mann Educators Co. has a twelve month low of $34.38 and a twelve month high of $48.15.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings data on Wednesday, November 6th. The insurance provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.01). The business had revenue of $334.40 million during the quarter. Horace Mann Educators had a net margin of 8.73% and a return on equity of 2.54%. On average, analysts anticipate that Horace Mann Educators Co. will post 2.15 EPS for the current fiscal year.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through four segments: Property and Casualty, Retirement, Life, and Corporate and Other. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products.

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

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