Kemper Co. (NYSE:KMPR) Shares Bought by Rhumbline Advisers

Rhumbline Advisers raised its stake in Kemper Co. (NYSE:KMPR) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 169,922 shares of the insurance provider’s stock after acquiring an additional 617 shares during the period. Rhumbline Advisers owned 0.27% of Kemper worth $11,290,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in Kemper by 565.8% in the third quarter. Jane Street Group LLC now owns 41,094 shares of the insurance provider’s stock valued at $2,517,000 after acquiring an additional 34,922 shares during the period. Westfield Capital Management Co. LP boosted its stake in Kemper by 81.1% in the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock valued at $51,333,000 after acquiring an additional 375,324 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in Kemper by 244.2% in the third quarter. Dynamic Technology Lab Private Ltd now owns 18,853 shares of the insurance provider’s stock valued at $1,155,000 after acquiring an additional 13,376 shares during the period. Verition Fund Management LLC boosted its stake in Kemper by 7.0% in the third quarter. Verition Fund Management LLC now owns 108,355 shares of the insurance provider’s stock valued at $6,637,000 after acquiring an additional 7,127 shares during the period. Finally, Phocas Financial Corp. boosted its stake in Kemper by 37.4% in the third quarter. Phocas Financial Corp. now owns 168,283 shares of the insurance provider’s stock valued at $10,307,000 after acquiring an additional 45,796 shares during the period. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Kemper Stock Performance

KMPR opened at $64.16 on Monday. Kemper Co. has a twelve month low of $54.11 and a twelve month high of $73.01. The stock has a market cap of $4.10 billion, a PE ratio of 13.07 and a beta of 0.88. The business’s 50 day moving average is $65.97 and its 200-day moving average is $64.77. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50.

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

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.32 per share. This is a boost from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date is Tuesday, February 18th. This represents a $1.28 annualized dividend and a yield of 2.00%. Kemper’s payout ratio is presently 26.07%.

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.