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Netflix continues to express confidence that its streaming platform is prepared to handle the massive audiences expected for a pair of Christmas Day NFL games along with the start of its live coverage of the World Wrestling Entertainment's "Raw" next month. Concerns were raised after users experienced issues with buffering and low quality feeds during the Jake Paul-Mike Tyson boxing match last month. Netflix has exclusive rights to stream NFL games on Christmas Day between the Kansas City Chiefs at the Pittsburgh Steelers and the Baltimore Ravens at the Houston Texans. Beyonce is scheduled to perform during halftime of the Ravens-Texans game, which could create more server traffic Netflix must take into account. It's a major test after the company reported an average global live audience of 108 million viewers for Paul's victory over Tyson in Arlington, Texas. Downdetector.com , which tracks service outages, announced that there were 90,000 issues reported at one point. "It was a big number, but you don't know, and you can't learn these things until you do them, so you take a big swing," Netflix chief content officer Bela Bajaria told Front Office Sports. "Our teams and our engineers are amazing, moved super quickly, and stabilized it, and many of the members had it back up and running pretty quickly. But we learn from these things. "We've all obviously done a lot of stuff to learn and get ready for the NFL and Beyonce, and so we're totally ready and excited for WWE." WWE president Nick Khan told FOS that Raw's tone and content will not change as it moves to the streaming service, with its first event of 2025 scheduled for Jan. 6. "There's some online chatter about, ‘oh, it's going to be R-rated, or for us old folks, X-rated.' That's definitely not happening," Khan said. "It's family-friendly, multi-generational, advertiser-friendly programming. It's going to stay that way. I would look for more global flair, especially as the relationship continues to develop." --Field Level MediaUrban Outfitters (NASDAQ:URBN) Price Target Raised to $51.00 at Barclays
Intech Investment Management LLC increased its stake in Horace Mann Educators Co. ( NYSE:HMN – Free Report ) by 34.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,748 shares of the insurance provider’s stock after acquiring an additional 5,851 shares during the period. Intech Investment Management LLC owned approximately 0.06% of Horace Mann Educators worth $795,000 as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Horace Mann Educators by 9.9% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 42,252 shares of the insurance provider’s stock valued at $1,561,000 after purchasing an additional 3,796 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Horace Mann Educators by 5.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 30,454 shares of the insurance provider’s stock valued at $1,127,000 after acquiring an additional 1,478 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Horace Mann Educators by 270.1% during the second quarter. Harbor Capital Advisors Inc. now owns 22,305 shares of the insurance provider’s stock valued at $728,000 after acquiring an additional 16,278 shares during the period. Louisiana State Employees Retirement System increased its stake in Horace Mann Educators by 2.0% during the second quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the insurance provider’s stock worth $672,000 after acquiring an additional 400 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new position in shares of Horace Mann Educators in the 2nd quarter valued at about $35,000. 99.28% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets Several research analysts recently commented on the stock. Raymond James initiated coverage on shares of Horace Mann Educators in a report on Tuesday, August 6th. They issued a “strong-buy” rating and a $42.00 price target on the stock. Keefe, Bruyette & Woods downgraded shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and raised their target price for the company from $39.00 to $44.00 in a research note on Tuesday, November 12th. Finally, Piper Sandler lifted their target price on shares of Horace Mann Educators from $36.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Horace Mann Educators has a consensus rating of “Hold” and an average target price of $42.67. Insider Transactions at Horace Mann Educators In other news, CEO Marita Zuraitis sold 42,117 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $37.06, for a total transaction of $1,560,856.02. Following the sale, the chief executive officer now directly owns 294,402 shares in the company, valued at approximately $10,910,538.12. This represents a 12.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director Beverley J. Mcclure sold 5,634 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $42.08, for a total value of $237,078.72. Following the completion of the sale, the director now owns 19,057 shares in the company, valued at $801,918.56. The trade was a 22.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders sold 51,751 shares of company stock worth $1,946,895. 3.80% of the stock is currently owned by corporate insiders. Horace Mann Educators Stock Up 0.1 % NYSE HMN opened at $41.89 on Friday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42. Horace Mann Educators Co. has a fifty-two week low of $31.81 and a fifty-two week high of $43.26. The business has a 50 day moving average price of $37.91 and a two-hundred day moving average price of $35.31. The stock has a market cap of $1.71 billion, a PE ratio of 16.69 and a beta of 0.27. Horace Mann Educators ( NYSE:HMN – Get Free Report ) last released its quarterly earnings results on Monday, November 4th. The insurance provider reported $0.76 EPS for the quarter, topping the consensus estimate of $0.72 by $0.04. Horace Mann Educators had a return on equity of 8.14% and a net margin of 6.55%. The business had revenue of $412.10 million for the quarter, compared to analysts’ expectations of $293.87 million. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company’s revenue was up 8.8% compared to the same quarter last year. As a group, sell-side analysts predict that Horace Mann Educators Co. will post 2.61 EPS for the current fiscal year. Horace Mann Educators Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.34 dividend. The ex-dividend date was Monday, September 16th. This represents a $1.36 dividend on an annualized basis and a yield of 3.25%. Horace Mann Educators’s dividend payout ratio (DPR) is 54.18%. About Horace Mann Educators ( Free Report ) Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. Recommended Stories Five stocks we like better than Horace Mann Educators What is a Bond Market Holiday? How to Invest and Trade The Latest 13F Filings Are In: See Where Big Money Is Flowing Stock Splits, Do They Really Impact Investors? 3 Penny Stocks Ready to Break Out in 2025 What Are Dividend Champions? How to Invest in the Champions FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter .None
Hyderabad: The Hyderabad traffic police on Friday, November 29, booked one person for dangerous driving, creating noise pollution and causing public inconvenience. A video circulating on social media shows the accused riding a bike along with a pillion rider, emitting fire from the silencer that sounded like gunshots. The incident occurred at Chaderghat. Hyderabad traffic police quickly took cognizance of the incident and booked the rider and imposed a challan on him. #HYDTPinfo Any violations on roads, action will be taken as per law. Commuters are requested to #FollowTrafficRules . #RoadSafety #RoadRules pic.twitter.com/LTbJKuWzRt @HYDTP book riders for noise pollution and dangerous driving #Hyderabad #Traffic #noisepollution pic.twitter.com/o8zxFrUqvQ
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