Barclays PLC Purchases 12,196 Shares of Kemper Co. (NYSE:KMPR)

Barclays PLC boosted its holdings in Kemper Co. (NYSE:KMPR) by 72.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,067 shares of the insurance provider’s stock after purchasing an additional 12,196 shares during the quarter. Barclays PLC’s holdings in Kemper were worth $1,781,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Y Intercept Hong Kong Ltd bought a new position in shares of Kemper in the third quarter valued at $275,000. XTX Topco Ltd acquired a new stake in shares of Kemper in the 3rd quarter worth about $654,000. iSAM Funds UK Ltd bought a new position in Kemper in the 3rd quarter valued at about $393,000. Jane Street Group LLC boosted its stake in Kemper by 565.8% during the 3rd quarter. Jane Street Group LLC now owns 41,094 shares of the insurance provider’s stock valued at $2,517,000 after purchasing an additional 34,922 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its stake in Kemper by 60.2% during the 3rd quarter. Two Sigma Advisers LP now owns 236,400 shares of the insurance provider’s stock valued at $14,480,000 after purchasing an additional 88,800 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

Kemper Stock Performance

KMPR stock opened at $65.18 on Friday. The business has a 50 day moving average of $67.36 and a 200-day moving average of $63.21. The firm has a market cap of $4.17 billion, a PE ratio of 15.52 and a beta of 0.88. Kemper Co. has a 12-month low of $48.15 and a 12-month high of $73.01. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50.

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 firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.44) EPS. As a group, sell-side analysts expect that Kemper Co. will post 5.36 earnings per share for the current year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.90%. Kemper’s dividend payout ratio (DPR) is presently 29.52%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. TD Cowen raised their target price on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. JMP Securities reissued a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. StockNews.com cut Kemper from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Raymond James upped their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Kemper has a consensus rating of “Buy” and an average price target of $80.40.

About Kemper

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.