Kemper Co. (NYSE:KMPR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in shares of Kemper Co. (NYSE:KMPR) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,143 shares of the insurance provider’s stock after selling 1,073 shares during the quarter. Yousif Capital Management LLC’s holdings in Kemper were worth $1,405,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC lifted its holdings in Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 289 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Kemper by 5,590.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after buying an additional 559 shares in the last quarter. Clean Yield Group purchased a new position in shares of Kemper in the fourth quarter valued at $45,000. Capital Performance Advisors LLP purchased a new position in shares of Kemper in the third quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Kemper in the third quarter valued at $82,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. 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 objective on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Raymond James lifted their price objective on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $81.60.

Kemper Trading Down 1.6 %

NYSE KMPR opened at $66.02 on Thursday. The company has a 50-day moving average of $66.30 and a 200-day moving average of $64.57. The company has a market cap of $4.23 billion, a P/E ratio of 13.45 and a beta of 0.88. Kemper Co. has a 12 month low of $54.11 and a 12 month high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.22.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, topping 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, equities analysts predict that Kemper Co. will post 5.95 earnings per share for the current year.

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio is currently 25.25%.

About Kemper

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.