Blue Trust Inc. Increases Stake in Kemper Co. (NYSE:KMPR)

Blue Trust Inc. increased its stake in Kemper Co. (NYSE:KMPR) by 44.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,220 shares of the insurance provider’s stock after acquiring an additional 993 shares during the period. Blue Trust Inc.’s holdings in Kemper were worth $197,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its stake in shares of Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 174 shares in the last quarter. Atom Investors LP lifted its position in Kemper by 1.1% during the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider’s stock valued at $1,178,000 after buying an additional 208 shares in the last quarter. KBC Group NV grew its stake in Kemper by 24.2% during the third quarter. KBC Group NV now owns 2,050 shares of the insurance provider’s stock worth $126,000 after buying an additional 400 shares during the period. State of Alaska Department of Revenue increased its position in shares of Kemper by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 7,036 shares of the insurance provider’s stock worth $430,000 after acquiring an additional 475 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 559 shares during the period. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Trading Down 0.4 %

Shares of KMPR stock opened at $66.00 on Wednesday. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The stock has a 50-day simple moving average of $66.67 and a 200 day simple moving average of $64.39. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The stock has a market capitalization of $4.23 billion, a P/E ratio of 15.71 and a beta of 0.88.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Monday, November 18th. Kemper’s dividend payout ratio is currently 29.52%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on KMPR shares. Raymond James lifted their price objective on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. JMP Securities reaffirmed a “market outperform” rating and set a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Finally, TD Cowen lifted their target price on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Kemper presently has a consensus rating of “Buy” and an average price target of $80.40.

Kemper Company 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.