Y Intercept Hong Kong Ltd Raises Position in Kemper Co. (NYSE:KMPR)

Y Intercept Hong Kong Ltd grew its position in shares of Kemper Co. (NYSE:KMPR) by 27.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,717 shares of the insurance provider’s stock after acquiring an additional 1,221 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Kemper were worth $380,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in KMPR. Allspring Global Investments Holdings LLC grew its position in Kemper by 5,590.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after purchasing an additional 559 shares during the last quarter. Clean Yield Group bought a new position in shares of Kemper in the fourth quarter worth approximately $45,000. Capital Performance Advisors LLP purchased a new stake in shares of Kemper during the third quarter valued at approximately $46,000. GAMMA Investing LLC increased its position in shares of Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 174 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Kemper in the 3rd quarter worth approximately $82,000. Institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Piper Sandler upped their target price on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Raymond James lifted their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Finally, TD Cowen increased their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $81.60.

Kemper Price Performance

Shares of NYSE:KMPR opened at $68.25 on Tuesday. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 13.90 and a beta of 0.88. The firm has a fifty day moving average price of $66.09 and a 200 day moving average price of $65.01. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. As a group, sell-side analysts expect that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio is 26.07%.

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.