Aigen Investment Management LP Acquires Shares of 6,642 Kemper Co. (NYSE:KMPR)

Aigen Investment Management LP purchased a new stake in Kemper Co. (NYSE:KMPR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,642 shares of the insurance provider's stock, valued at approximately $441,000.

A number of other institutional investors have also recently added to or reduced their stakes in KMPR. Clean Yield Group acquired a new stake in shares of Kemper in the 4th quarter worth $45,000. Capital Performance Advisors LLP acquired a new stake in Kemper during the third quarter worth about $46,000. GAMMA Investing LLC raised its stake in Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after purchasing an additional 174 shares during the period. Parkside Financial Bank & Trust acquired a new position in Kemper in the 4th quarter valued at about $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Kemper in the 3rd quarter valued at approximately $82,000. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Stock Up 0.8 %

KMPR traded up $0.51 during trading hours on Tuesday, hitting $65.35. 582,665 shares of the company's stock were exchanged, compared to its average volume of 342,576. The firm has a market cap of $4.18 billion, a P/E ratio of 13.31 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 current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average of $66.11 and a 200 day moving average of $65.14.

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Kemper (NYSE:KMPR - Get Free Report) last posted 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%. Analysts predict that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Kemper's previous quarterly dividend of $0.31. Kemper's dividend payout ratio (DPR) is presently 26.07%.

Wall Street Analyst Weigh In

Several research firms have recently commented on KMPR. Piper Sandler lifted their price target on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Raymond James lifted their target price on Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research report on Thursday, December 26th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Finally, TD Cowen boosted their target price on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Kemper currently has an average rating of "Buy" and a consensus price target of $81.60.

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.