KD Logo

Keefe Bruyette upgrades Horace Mann Educators Corp. (HMN) rating to an Outperform

In a filing, Horace Mann Educators Corp. revealed its President & CEO ZURAITIS MARITA unloaded Company’s shares for reported $46250.0 on Mar 28 ’24. In the deal valued at $37.00 per share,1,250 shares were sold. As a result of this transaction, ZURAITIS MARITA now holds 304,483 shares worth roughly $10.4 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, JOHNSON KIMBERLY A sold 5,000 shares, generating $180,000 in total proceeds. Upon selling the shares at $36.00, the SVP & Controller now owns 21,674 shares.

Before that, Carley Donald M sold 5,000 shares. Horace Mann Educators Corp. shares valued at $175,528 were divested by the General Counsel at a price of $35.11 per share. As a result of the transaction, Carley Donald M now holds 29,627 shares, worth roughly $1.01 million.

Keefe Bruyette upgraded its Horace Mann Educators Corp. [HMN] rating to an Outperform from a a Mkt perform in a research note published on January 29, 2024; the price target was increased to $40 from $33. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “a Neutral”. Piper Sandler also remained covering HMN and has increased its forecast on August 19, 2022 with a “an Overweight” recommendation from previously “Neutral” rating. Raymond James started covering the stock on February 19, 2021. It rated HMN as “a Mkt perform”.

Price Performance Review of HMN

On Tuesday, Horace Mann Educators Corp. [NYSE:HMN] saw its stock fall -0.58% to $34.15. Over the last five days, the stock has lost -1.30%. Horace Mann Educators Corp. shares have risen nearly 4.43% since the year began. Nevertheless, the stocks have risen 3.86% over the past one year. While a 52-week high of $39.25 was reached on 05/08/24, a 52-week low of $27.81 was recorded on 01/10/24. SMA at 50 days reached $35.90, while 200 days put it at $33.22. A total of 0.22 million shares were traded, compared to the trading of 0.39 million shares in the previous session.

Levels Of Support And Resistance For HMN Stock

The 24-hour chart illustrates a support level at 33.97, which if violated will result in even more drops to 33.78. On the upside, there is a resistance level at 34.51. A further resistance level may holdings at 34.87. The Relative Strength Index (RSI) on the 14-day chart is 36.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.90%. Stochastics %K at 3.20% indicates the stock is a buying.

Most Popular