Kemper Co. (NYSE:KMPR) Stake Raised by Khrom Capital Management LLC

Khrom Capital Management LLC grew its holdings in shares of Kemper Co. (NYSE:KMPR) by 4.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 442,513 shares of the insurance provider’s stock after buying an additional 17,251 shares during the quarter. Kemper accounts for about 5.0% of Khrom Capital Management LLC’s investment portfolio, making the stock its 9th biggest position. Khrom Capital Management LLC owned 0.69% of Kemper worth $26,254,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Interval Partners LP grew its holdings in Kemper by 356.0% during the 2nd quarter. Interval Partners LP now owns 94,753 shares of the insurance provider’s stock worth $5,622,000 after acquiring an additional 73,976 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Kemper by 26.6% in the 2nd quarter. Bank of Montreal Can now owns 11,976 shares of the insurance provider’s stock worth $711,000 after purchasing an additional 2,518 shares in the last quarter. Sei Investments Co. grew its stake in Kemper by 5.1% during the 2nd quarter. Sei Investments Co. now owns 67,472 shares of the insurance provider’s stock worth $4,003,000 after buying an additional 3,296 shares during the last quarter. Intech Investment Management LLC acquired a new position in Kemper during the 2nd quarter valued at about $607,000. Finally, Inspire Investing LLC increased its position in Kemper by 3.1% during the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider’s stock valued at $353,000 after buying an additional 177 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Performance

NYSE KMPR opened at $61.26 on Tuesday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.52. Kemper Co. has a twelve month low of $38.32 and a twelve month high of $65.93. The stock has a market cap of $3.94 billion, a PE ratio of -32.24 and a beta of 0.85. The stock has a fifty day simple moving average of $61.84 and a 200-day simple moving average of $60.01.

Kemper (NYSE:KMPR) last released its earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.23. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the firm earned ($0.26) earnings per share. The business’s quarterly revenue was down 10.5% compared to the same quarter last year. Equities analysts anticipate that Kemper Co. will post 5.17 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were given a dividend of $0.31 per share. The ex-dividend date was Monday, August 19th. This represents a $1.24 annualized dividend and a dividend yield of 2.02%. Kemper’s dividend payout ratio (DPR) is currently -65.26%.

Wall Street Analysts Forecast Growth

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

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.