Punch Associates Investment Management buys $9,753,075 stake in Horace Mann Educators Corporation (HMN)

Horace Mann Educators Corporation (HMN) : Punch Associates Investment Management scooped up 761 additional shares in Horace Mann Educators Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 279,939 shares of Horace Mann Educators Corporation which is valued at $9,753,075.Horace Mann Educators Corporation makes up approximately 1.09% of Punch Associates Investment Management’s portfolio.

Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in HMN in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 60,100 shares of Horace Mann Educators Corporation which is valued at $2,093,884. Horace Mann Educators Corporation makes up approx 0.03% of Nisa Investment Advisors’s portfolio.Capstone Asset Management Co reduced its stake in HMN by selling 70 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 15,010 shares of HMN which is valued at $524,299. Horace Mann Educators Corporation makes up approx 0.02% of Capstone Asset Management Co’s portfolio. Kistler-tiffany Companies added HMN to its portfolio by purchasing 6 company shares during the most recent quarter which is valued at $204.

Horace Mann Educators Corporation closed down -0.41 points or -1.16% at $34.84 with 1,32,698 shares getting traded on Monday. Post opening the session at $35.26, the shares hit an intraday low of $34.83 and an intraday high of $35.29 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Horace Mann Educators Corporation reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.57. The company had revenue of $271.30 million for the quarter, compared to analysts expectations of $271.21 million. The company’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

Horace Mann Educators Corporation (HMEC) 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 operates through three business segments: Property and Casualty Annuity and Life. The Company’s Property and Casualty Segment offers private passenger automobile insurance. HMEC’s Annuity Segment markets both fixed and variable annuity contracts primarily on a tax-qualified basis. The Company’s Life Segment offers traditional term and whole life insurance products.

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