Inspire Investing LLC Grows Stake in Kemper Co. (NYSE:KMPR)

Inspire Investing LLC grew its position in Kemper Co. (NYSE:KMPR) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,943 shares of the insurance provider’s stock after buying an additional 177 shares during the quarter. Inspire Investing LLC’s holdings in Kemper were worth $353,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in KMPR. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Kemper by 5.7% in the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 260,290 shares of the insurance provider’s stock worth $12,668,000 after purchasing an additional 14,080 shares during the period. International Assets Investment Management LLC lifted its holdings in Kemper by 872.8% during the first quarter. International Assets Investment Management LLC now owns 88,025 shares of the insurance provider’s stock worth $5,451,000 after buying an additional 78,976 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of Kemper in the 4th quarter valued at $873,000. Lord Abbett & CO. LLC increased its holdings in shares of Kemper by 3.0% in the 1st quarter. Lord Abbett & CO. LLC now owns 791,145 shares of the insurance provider’s stock valued at $48,988,000 after acquiring an additional 23,285 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Kemper by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock worth $301,935,000 after acquiring an additional 28,095 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KMPR. UBS Group lifted their target price on Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. JMP Securities lifted their price objective on shares of Kemper from $80.00 to $85.00 and gave the stock a “market outperform” rating in a research report on Tuesday, August 6th. Piper Sandler increased their target price on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Raymond James lifted their price target on shares of Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 8th. Finally, StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a report on Sunday, September 8th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $76.20.

Kemper Price Performance

Shares of KMPR opened at $60.53 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.22 and a quick ratio of 0.22. The company’s fifty day moving average price is $61.85 and its 200-day moving average price is $59.99. Kemper Co. has a 1-year low of $38.32 and a 1-year high of $65.93. The firm has a market capitalization of $3.90 billion, a PE ratio of -31.86 and a beta of 0.85.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.23. Kemper had a return on equity of 7.27% and a net margin of 1.11%. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the business earned ($0.26) EPS. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. On average, equities research analysts predict that Kemper Co. will post 5.17 EPS for the current year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend was Monday, August 19th. Kemper’s dividend payout ratio is presently -65.26%.

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.