Aptus Capital Advisors LLC Acquires 15,548 Shares of Kemper Co. (NYSE:KMPR)

Aptus Capital Advisors LLC increased its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 31.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 65,146 shares of the insurance provider's stock after acquiring an additional 15,548 shares during the period. Aptus Capital Advisors LLC owned approximately 0.10% of Kemper worth $3,990,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. GSA Capital Partners LLP increased its holdings in shares of Kemper by 26.9% in the 3rd quarter. GSA Capital Partners LLP now owns 51,630 shares of the insurance provider's stock worth $3,162,000 after buying an additional 10,948 shares during the last quarter. Versor Investments LP purchased a new stake in shares of Kemper in the 3rd quarter valued at $423,000. Capital Performance Advisors LLP purchased a new position in Kemper in the 3rd quarter worth approximately $46,000. Harbor Capital Advisors Inc. increased its stake in shares of Kemper by 254.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 56,997 shares of the insurance provider's stock worth $3,491,000 after acquiring an additional 40,895 shares in the last quarter. Finally, Pallas Capital Advisors LLC purchased a new stake in shares of Kemper in the third quarter worth $289,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KMPR. Raymond James increased their price target on Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a report on Thursday, August 8th. JMP Securities reaffirmed a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Piper Sandler increased their target price on Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research report on Tuesday, August 6th. Finally, UBS Group upped their target price on Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research report on Tuesday, August 13th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Kemper currently has an average rating of "Buy" and a consensus target price of $76.20.

Kemper Price Performance

NYSE:KMPR traded up $0.92 during mid-day trading on Thursday, hitting $70.65. 376,083 shares of the company's stock traded hands, compared to its average volume of 376,585. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. Kemper Co. has a 1 year low of $40.93 and a 1 year high of $70.83. The firm's 50 day simple moving average is $62.31 and its 200 day simple moving average is $61.13. The company has a market cap of $4.52 billion, a PE ratio of 16.74 and a beta of 0.85.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping 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 business had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter in the previous year, the firm posted ($0.44) earnings per share. The company's revenue was down 1.7% compared to the same quarter last year. Sell-side analysts expect that Kemper Co. will post 5.17 EPS for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Monday, November 18th. Kemper's dividend payout ratio is currently 29.52%.

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.