Horace Mann Ownership
| HMN Stock | USD 39.26 0.49 1.23% |
Shares in Circulation | First Issued 1990-03-31 | Previous Quarter 41.6 M | Current Value 41.4 M | Avarage Shares Outstanding 43.9 M | Quarterly Volatility 14.3 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Horace |
Horace Stock Ownership Analysis
About 98.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Horace Mann Educators has Price/Earnings To Growth (PEG) ratio of 2.52. The entity last dividend was issued on the 16th of December 2024. The firm had 2:1 split on the 16th of December 1997. Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. Horace Mann Educators Corporation was founded in 1945 and is headquartered in Springfield, Illinois. Horace Mann operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1450 people. To learn more about Horace Mann Educators call Marita Zuraitis at 217 789 2500 or check out https://www.horacemann.com.Besides selling stocks to institutional investors, Horace Mann also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Horace Mann's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Horace Mann's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Horace Mann Quarterly Liabilities And Stockholders Equity |
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Horace Mann Insider Trades History
Only 1.68% of Horace Mann Educators are currently held by insiders. Unlike Horace Mann's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Horace Mann's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Horace Mann's insider trades
Horace Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Horace Mann is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Horace Mann Educators backward and forwards among themselves. Horace Mann's institutional investor refers to the entity that pools money to purchase Horace Mann's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Gw&k Investment Management, Llc | 2024-09-30 | 905.7 K | Bank Of America Corp | 2024-09-30 | 776.1 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 762.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 740 K | Cramer Rosenthal Mcglynn Llc | 2024-09-30 | 734.2 K | Amvescap Plc. | 2024-09-30 | 649.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 558.3 K | Ameriprise Financial Inc | 2024-09-30 | 519.5 K | Northern Trust Corp | 2024-09-30 | 436.4 K | Blackrock Inc | 2024-06-30 | 5.9 M | Vanguard Group Inc | 2024-09-30 | 5 M |
Horace Mann Educators Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Horace Mann insiders, such as employees or executives, is commonly permitted as long as it does not rely on Horace Mann's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Horace Mann insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Horace Mann Outstanding Bonds
Horace Mann issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Horace Mann Educators uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Horace bonds can be classified according to their maturity, which is the date when Horace Mann Educators has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Horace Mann Corporate Filings
F4 | 4th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
F3 | 9th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Pair Trading with Horace Mann
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horace Mann position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
| 0.88 | L | Loews Corp | PairCorr |
| 0.85 | FRFHF | Fairfax Financial | PairCorr |
| 0.72 | AFG | American Financial | PairCorr |
| 0.86 | AIZ | Assurant | PairCorr |
Moving against Horace Stock
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horace Mann - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horace Mann Educators to buy it.
The correlation of Horace Mann is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horace Mann can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.964 | Dividend Share 1.35 | Earnings Share 2.52 | Revenue Per Share 38.477 | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.