Intech Investment Management LLC Has $226,000 Stock Position in Kemper Co. (NYSE:KMPR)

Intech Investment Management LLC reduced its stake in Kemper Co. (NYSE:KMPR) by 63.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,695 shares of the insurance provider’s stock after selling 6,544 shares during the quarter. Intech Investment Management LLC’s holdings in Kemper were worth $226,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after purchasing an additional 559 shares during the period. Quarry LP lifted its holdings in shares of Kemper by 105.1% during the second quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after purchasing an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper during the third quarter worth $46,000. Finally, Blue Trust Inc. raised its stake in Kemper by 89.0% during the second quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock worth $75,000 after buying an additional 572 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. JMP Securities reissued a “market outperform” rating and set a $85.00 target price on shares of Kemper in a research note on Tuesday, October 15th. UBS Group boosted their target price on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Monday, November 4th. TD Cowen boosted their target price on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Raymond James upped 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. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $79.00.

Kemper Price Performance

Shares of NYSE:KMPR opened at $71.25 on Friday. Kemper Co. has a one year low of $45.96 and a one year high of $73.01. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 16.86 and a beta of 0.88. The company’s fifty day moving average price is $65.48 and its 200-day moving average price is $62.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.44) EPS. On average, equities research analysts anticipate that Kemper Co. will post 5.36 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were given a dividend of $0.31 per share. The ex-dividend date was Monday, November 18th. This represents a $1.24 annualized dividend and a yield of 1.74%. Kemper’s payout ratio is currently 29.52%.

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.