Today’s Price Action: It Seems Horace Mann Educators Corporation Will Go Up. Just Reaches 52-Week High

Today's Price Action: It Seems Horace Mann Educators Corporation Will Go Up. Just Reaches 52 Week High

The stock of Horace Mann Educators Corporation (NYSE:HMN) hit a new 52-week high and has $48.31 target or 32.00% above today’s $36.60 share price. The 5 months bullish chart indicates low risk for the $1.48 billion company. The 1-year high was reported on Nov, 1 by Barchart.com. If the $48.31 price target is reached, the company will be worth $473.60M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 37,931 shares traded hands. Horace Mann Educators Corporation (NYSE:HMN) has risen 12.10% since March 30, 2016 and is uptrending. It has outperformed by 9.08% the S&P500.

Horace Mann Educators Corporation (NYSE:HMN) Ratings Coverage

Out of 3 analysts covering Horace Mann Educators Corp (NYSE:HMN), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Horace Mann Educators Corp has been the topic of 3 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Horace Mann Educators Corporation (NYSE:HMN) earned “Buy” rating by Janney Capital on Thursday, February 11. The rating was initiated by JMP Securities with “Market Perform” on Tuesday, November 10.

According to Zacks Investment Research, “Horace Mann Educators Corporation is a multiline insurance holding company that targets the US educator market. The company and its subsidiaries, Horace Mann Insurance Co., Teachers Insurance Co., Horace Mann Life Insurance Co., and Allegiance Insurance Co., provide retirement annuities, automobile insurance, homeowners insurance, and life insurance to elementary and secondary teachers, administrators, and education support personnel in public and private schools. The company also offers group life and health insurance to school districts.”

Insitutional Activity: The institutional sentiment increased to 1.27 in Q2 2016. Its up 0.02, from 1.25 in 2016Q1. The ratio is positive, as 13 funds sold all Horace Mann Educators Corporation shares owned while 53 reduced positions. 19 funds bought stakes while 65 increased positions. They now own 39.51 million shares or 0.84% less from 39.84 million shares in 2016Q1.
Teacher Retirement Systems Of Texas holds 0% of its portfolio in Horace Mann Educators Corporation (NYSE:HMN) for 5,698 shares. Tudor Invest Corporation Et Al has 6,455 shares for 0% of their US portfolio. Deere And Comm last reported 0.01% of its portfolio in the stock. Aqr Cap Management Limited Liability Corporation last reported 0.02% of its portfolio in the stock. Ameriprise Fin Inc last reported 0.01% of its portfolio in the stock. Public Employees Retirement Association Of Colorado reported 13,642 shares or 0% of all its holdings. Thomson Horstmann Bryant holds 27,343 shares or 0.12% of its portfolio. Parametric Portfolio Ltd Liability Com last reported 145,393 shares in the company. Guggenheim Cap Limited Com holds 0.01% of its portfolio in Horace Mann Educators Corporation (NYSE:HMN) for 130,864 shares. Adams Diversified Equity Fund has 10,400 shares for 0.02% of their US portfolio. Prudential Financial owns 119,390 shares or 0.01% of their US portfolio. Cramer Rosenthal Mcglynn Ltd holds 188,075 shares or 0.1% of its portfolio. California State Teachers Retirement has invested 0.01% of its portfolio in Horace Mann Educators Corporation (NYSE:HMN). Moreover, Thompson Davis & has 0.04% invested in Horace Mann Educators Corporation (NYSE:HMN) for 689 shares. Moreover, Seabridge Advisors has 0.32% invested in Horace Mann Educators Corporation (NYSE:HMN) for 37,520 shares.

Insider Transactions: Since August 5, 2016, the stock had 0 insider buys, and 2 selling transactions for $403,628 net activity. $298,328 worth of Horace Mann Educators Corporation (NYSE:HMN) was sold by HALLMAN DWAYNE D. 3,000 Horace Mann Educators Corporation (NYSE:HMN) shares with value of $105,300 were sold by Stricker Robert.

More news for Horace Mann Educators Corporation (NYSE:HMN) were recently published by: Prnewswire.com, which released: “Horace Mann Names Allan Robinson Senior Vice President, Claims” on October 05, 2015. Prnewswire.com‘s article titled: “Horace Mann Names Kelly Stacy Senior Vice President Of Field Operations And …” and published on July 20, 2015 is yet another important article.

HMN Company Profile

Horace Mann Educators Corporation (HMEC), incorporated on February 7, 1968, 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. The Company’s operating divisions include Property and Casualty, Annuity, Life, and corporate and other. Founded by Educators for Educators, the Company markets its products primarily to K-12 teachers, administrators and other employees of public schools and their families. It markets and services its products through a sales force of full-time agents supported by the Company’s Customer Contact Center. These agents sell HMEC’s products and limited additional third-party vendor products. The Company’s property and casualty subsidiaries and its life insurance subsidiary are licensed to write business in over 48 states and the District of Columbia.

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