Rothschild & Co. Asset Management US Inc. Buys 99,128 Shares of Horace Mann Educators Co. (NYSE:HMN)

Rothschild & Co. Asset Management US Inc. raised its stake in shares of Horace Mann Educators Co. (NYSE:HMN) by 17.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 675,016 shares of the insurance provider’s stock after purchasing an additional 99,128 shares during the quarter. Rothschild & Co. Asset Management US Inc. owned 1.64% of Horace Mann Educators worth $27,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Victory Capital Management Inc. lifted its position in Horace Mann Educators by 5.3% during the first quarter. Victory Capital Management Inc. now owns 2,237,360 shares of the insurance provider’s stock valued at $78,777,000 after purchasing an additional 111,805 shares during the last quarter. Deprince Race & Zollo Inc. lifted its position in Horace Mann Educators by 24.8% during the first quarter. Deprince Race & Zollo Inc. now owns 882,267 shares of the insurance provider’s stock valued at $31,065,000 after purchasing an additional 175,395 shares during the last quarter. Norges Bank bought a new stake in Horace Mann Educators during the fourth quarter valued at approximately $27,116,000. Geode Capital Management LLC lifted its position in Horace Mann Educators by 9.1% during the fourth quarter. Geode Capital Management LLC now owns 436,422 shares of the insurance provider’s stock valued at $16,344,000 after purchasing an additional 36,558 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in Horace Mann Educators by 1.2% during the first quarter. Rhumbline Advisers now owns 125,294 shares of the insurance provider’s stock valued at $4,412,000 after purchasing an additional 1,433 shares during the last quarter.

Several brokerages have issued reports on HMN. TheStreet upgraded shares of Horace Mann Educators from a “c+” rating to a “b” rating in a research report on Friday, May 17th. Sandler O’Neill began coverage on shares of Horace Mann Educators in a research report on Wednesday, May 22nd. They set a “buy” rating and a $46.00 target price for the company.

Shares of HMN traded up $1.08 during mid-day trading on Tuesday, reaching $42.59. The company’s stock had a trading volume of 2,119 shares, compared to its average volume of 123,010. The firm has a market capitalization of $1.76 billion, a PE ratio of 62.88 and a beta of 0.65. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.05 and a current ratio of 0.05. Horace Mann Educators Co. has a 52 week low of $34.38 and a 52 week high of $47.00. The stock’s fifty day moving average price is $41.73.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Monday, August 5th. The insurance provider reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.02. The firm had revenue of $451.50 million during the quarter. Horace Mann Educators had a net margin of 2.51% and a return on equity of 2.48%. As a group, sell-side analysts expect that Horace Mann Educators Co. will post 2.1 EPS for the current fiscal year.

About Horace Mann Educators

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.

Featured Story: The primary rules of Elliott Wave theory

Want to see what other hedge funds are holding HMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Horace Mann Educators Co. (NYSE:HMN).

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

Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.