Horace Mann EducatorsHMN
Market Cap: 1.4B
About: Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are 403(b) tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The company uses several former teachers in its salesforce. Its segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement, and Corporate and Other.
Employees: 1,700
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
214% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 14
15% more funds holding
Funds holding: 199 [Q4 2023] → 229 (+30) [Q1 2024]
13% more capital invested
Capital invested by funds: $1.33B [Q4 2023] → $1.51B (+$177M) [Q1 2024]
0.13% more ownership
Funds ownership: 99.5% [Q4 2023] → 99.63% (+0.13%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
24% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 83
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Keefe, Bruyette & Woods Meyer Shields | 17%upside $40 | Outperform Maintained | 26 Jul 2024 |
Piper Sandler John Barnidge | 3%upside $35 | Neutral Maintained | 28 Jun 2024 |
Piper Sandler John Barnidge | 9%upside $37 | Neutral Maintained | 10 May 2024 |
Piper Sandler John Barnidge | 14%upside $39 | Neutral Maintained | 5 Apr 2024 |
Keefe, Bruyette & Woods Meyer Shields | 17%upside $40 | Outperform Upgraded | 29 Jan 2024 |