Captrust Financial Advisors Makes New $238,000 Investment in Kemper Co. (NYSE:KMPR)

Captrust Financial Advisors bought a new position in shares of Kemper Co. (NYSE:KMPR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 3,881 shares of the insurance provider’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds have also made changes to their positions in KMPR. Westfield Capital Management Co. LP boosted its position in shares of 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 buying an additional 375,324 shares in the last quarter. Millennium Management LLC boosted its position in shares of Kemper by 1,336.4% in the 2nd quarter. Millennium Management LLC now owns 340,948 shares of the insurance provider’s stock worth $20,228,000 after buying an additional 317,212 shares in the last quarter. Lighthouse Investment Partners LLC boosted its position in shares of Kemper by 815.0% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 301,524 shares of the insurance provider’s stock worth $17,889,000 after buying an additional 268,569 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Kemper by 254.1% in the 2nd quarter. AQR Capital Management LLC now owns 349,822 shares of the insurance provider’s stock worth $20,398,000 after buying an additional 251,036 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Kemper by 1,070.6% in the 3rd quarter. Bank of Montreal Can now owns 140,189 shares of the insurance provider’s stock worth $8,526,000 after buying an additional 128,213 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Up 0.1 %

NYSE KMPR opened at $67.71 on Monday. The stock has a market cap of $4.34 billion, a PE ratio of 16.12 and a beta of 0.88. Kemper Co. has a fifty-two week low of $47.12 and a fifty-two week high of $73.01. The business has a 50 day moving average price of $66.55 and a two-hundred day moving average price of $62.81. 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 released its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.34 by $0.28. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the business posted ($0.44) EPS. The business’s revenue was down 1.7% on a year-over-year basis. As a group, sell-side analysts predict that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Monday, November 18th. Kemper’s payout ratio is currently 29.52%.

Analyst Ratings Changes

A number of research firms recently issued reports on KMPR. TD Cowen increased their target price on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Finally, JMP Securities restated a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $79.00.

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.