Fuller & Thaler Reports 3.86M Share Stake in Horace Mann
Ticker: HMN · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 850141
| Field | Detail |
|---|---|
| Company | Horace Mann Educators Corp /De/ (HMN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Fuller & Thaler owns 3.86M shares of Horace Mann, showing a big institutional stake.**
AI Summary
Fuller & Thaler Asset Management, Inc. filed an amended SC 13G/A on February 13, 2024, disclosing their ownership of 3,860,905 shares of Horace Mann Educators Corp /DE/ common stock as of December 31, 2023. This filing indicates that Fuller & Thaler holds sole voting power over these shares, representing a significant institutional stake in the insurance company. This matters to investors because it shows a major institutional investor's continued confidence (or lack thereof, depending on previous filings) in Horace Mann, which can influence market perception and stock stability.
Why It Matters
This filing reveals a significant institutional investor's position in Horace Mann Educators Corp, providing insight into major fund sentiment and potential stability for the stock.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently introduce new risks.
Analyst Insight
Investors should note this significant institutional holding as a data point for Horace Mann Educators Corp. While not an endorsement, it indicates a major fund's position. Further research into Fuller & Thaler's investment philosophy and any changes in their stake in future filings could provide more actionable insights.
Key Numbers
- 3,860,905 — Shares Beneficially Owned (Represents the total number of Horace Mann Educators Corp shares Fuller & Thaler Asset Management, Inc. had sole voting power over as of December 31, 2023.)
- 440327104 — CUSIP Number (Identifies the specific class of securities, Common Stock of Horace Mann Educators Corp.)
Key Players & Entities
- Fuller & Thaler Asset Management, Inc. (company) — the reporting person and institutional investor
- Horace Mann Educators Corp /DE/ (company) — the subject company whose shares are being reported
- 3,860,905 (dollar_amount) — the number of shares of common stock beneficially owned with sole voting power
- December 31, 2023 (date) — the date of the event which required the filing
- February 13, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Fuller & Thaler Asset Management, Inc. will maintain a significant stake in Horace Mann Educators Corp /DE/ for the foreseeable future. (Fuller & Thaler Asset Management, Inc.) — medium confidence, target: December 31, 2024
FAQ
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, which is filed by institutional investors (like Fuller & Thaler Asset Management, Inc.) to report beneficial ownership of 5% or more of a company's stock, typically when they are passive investors. The '/A' indicates it's an amendment to a previously filed statement.
Who is the reporting person in this filing?
The reporting person is Fuller & Thaler Asset Management, Inc., located at 411 Borel Avenue, Suite 300, San Mateo, CA 94402, with IRS Identification No. 94-3176968.
What company's stock is being reported in this filing?
The stock being reported belongs to Horace Mann Educators Corp /DE/, with CIK 0000850141, whose business address is 1 Horace Mann Plz, Springfield, IL 62715-0001.
How many shares does Fuller & Thaler Asset Management, Inc. beneficially own with sole voting power?
As of December 31, 2023, Fuller & Thaler Asset Management, Inc. beneficially owned 3,860,905 shares with sole voting power, as stated on page 2 of the filing.
What was the 'Date of Event which Requires Filing of this Statement'?
The 'Date of Event which Requires Filing of this Statement' was December 31, 2023, as indicated on the cover page of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 13, 2024 regarding HORACE MANN EDUCATORS CORP /DE/ (HMN).