Kemper Co. (NYSE:KMPR) Shares Purchased by Quest Partners LLC

Quest Partners LLC raised its position in Kemper Co. (NYSE:KMPR) by 54.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,681 shares of the insurance provider’s stock after buying an additional 946 shares during the period. Quest Partners LLC’s holdings in Kemper were worth $159,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of KMPR. New York State Teachers Retirement System lifted its stake in shares of Kemper by 0.3% in the first quarter. New York State Teachers Retirement System now owns 71,848 shares of the insurance provider’s stock worth $4,449,000 after buying an additional 200 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings in Kemper by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 26,692 shares of the insurance provider’s stock valued at $1,299,000 after acquiring an additional 260 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Kemper by 3.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider’s stock worth $598,000 after purchasing an additional 311 shares in the last quarter. CWM LLC grew its position in shares of Kemper by 257.8% in the first quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares in the last quarter. Finally, Arizona State Retirement System grew its position in shares of Kemper by 2.3% in the second quarter. Arizona State Retirement System now owns 18,010 shares of the insurance provider’s stock valued at $1,069,000 after purchasing an additional 397 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on KMPR. Piper Sandler boosted their price objective on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. StockNews.com lowered shares of Kemper from a “buy” rating to a “hold” rating in a report on Sunday, September 8th. UBS Group lifted their target price on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. Raymond James increased their price target on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research note on Thursday, August 8th. Finally, JMP Securities lifted their price target on shares of Kemper from $80.00 to $85.00 and gave the company a “market outperform” rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $76.20.

Kemper Stock Performance

Shares of KMPR stock opened at $60.01 on Monday. Kemper Co. has a one year low of $38.32 and a one year high of $65.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.22 and a current ratio of 0.22. The firm’s 50 day moving average price is $61.81 and its 200-day moving average price is $59.91. The firm has a market cap of $3.86 billion, a P/E ratio of -31.58 and a beta of 0.85.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.23. Kemper had a return on equity of 7.27% and a net margin of 1.11%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the business earned ($0.26) EPS. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. As a group, equities research analysts predict that Kemper Co. will post 5.17 EPS for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.07%. The ex-dividend date was Monday, August 19th. Kemper’s payout ratio is -65.26%.

Kemper Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.