US Bancorp DE Sells 155 Shares of Kemper Co. (NYSE:KMPR)

US Bancorp DE cut its position in Kemper Co. (NYSE:KMPR) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,785 shares of the insurance provider’s stock after selling 155 shares during the quarter. US Bancorp DE’s holdings in Kemper were worth $982,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of Kemper by 3.9% in the third quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after acquiring an additional 79,622 shares during the period. Geode Capital Management LLC boosted its stake in Kemper by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock worth $61,933,000 after purchasing an additional 9,412 shares during the period. Westfield Capital Management Co. LP boosted its stake in Kemper by 81.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock worth $51,333,000 after purchasing an additional 375,324 shares during the period. Bank of New York Mellon Corp increased its holdings in Kemper by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider’s stock worth $36,080,000 after acquiring an additional 28,807 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in Kemper by 8.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 335,140 shares of the insurance provider’s stock valued at $20,527,000 after buying an additional 27,173 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Stock Performance

NYSE:KMPR opened at $66.65 on Monday. 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 Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The firm has a market cap of $4.26 billion, a PE ratio of 13.57 and a beta of 0.88. The business has a 50 day moving average price of $66.13 and a 200-day moving average price of $65.12.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Equities research analysts predict that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. This is an increase from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s dividend payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Raymond James upped their price objective 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. TD Cowen raised their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Piper Sandler lifted their price target on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $81.60.

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.