Summary by Moomoo AI
Franklin Mutual Advisers, LLC, an investment management firm based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 23, 2024, indicating a significant ownership stake in Horace Mann Educators Corporation. The filing reveals that Franklin Mutual Advisers holds 3,575,387 shares of the company's common stock, which represents 8.8% of the class. This position is held through investment discretion and voting authority over securities managed on behalf of their clients, including the Franklin Small Cap Value Fund, which itself has an interest in 2,453,429 shares, or 6.0% of the class. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Horace Mann Educators Corporation. The filing also includes a certification that the information provided is true and correct to the best of the filer's knowledge.