Barclays PLC Has $1.78 Million Stake in Kemper Co. (NYSE:KMPR)

Barclays PLC grew its stake in Kemper Co. (NYSE:KMPR - Free Report) by 72.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,067 shares of the insurance provider's stock after buying an additional 12,196 shares during the quarter. Barclays PLC's holdings in Kemper were worth $1,781,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in KMPR. GAMMA Investing LLC boosted its stake in Kemper by 114.7% in the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock worth $33,000 after purchasing an additional 289 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock worth $35,000 after buying an additional 559 shares during the period. Quarry LP grew its holdings in shares of Kemper by 105.1% during the second quarter. Quarry LP now owns 642 shares of the insurance provider's stock worth $38,000 after buying an additional 329 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Kemper in the 3rd quarter valued at approximately $46,000. Finally, KBC Group NV lifted its stake in Kemper by 24.2% in the 3rd quarter. KBC Group NV now owns 2,050 shares of the insurance provider's stock valued at $126,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 86.23% of the company's stock.

Kemper Stock Down 2.8 %

KMPR traded down $1.84 during trading on Friday, reaching $62.94. 293,003 shares of the stock were exchanged, compared to its average volume of 337,467. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. The stock's 50 day moving average price is $67.77 and its two-hundred day moving average price is $63.76. Kemper Co. has a twelve month low of $52.24 and a twelve month high of $73.01. The stock has a market cap of $4.03 billion, a P/E ratio of 14.99 and a beta of 0.88.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the business earned ($0.44) EPS. Kemper's revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts expect that Kemper Co. will post 5.36 EPS for the current year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a $0.31 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.97%. Kemper's payout ratio is 29.52%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. Raymond James raised their target price on shares of Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research report on Thursday, December 26th. TD Cowen lifted their price target on shares of Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Kemper currently has a consensus rating of "Buy" and a consensus target price of $80.40.

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.