Kemper Co. (NYSE:KMPR) Shares Bought by Barclays PLC

Barclays PLC boosted its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 72.3% during the 3rd quarter, according to the company in 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 period. Barclays PLC's holdings in Kemper were worth $1,781,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KMPR. Raymond James & Associates boosted its stake in shares of Kemper by 2.9% during the second quarter. Raymond James & Associates now owns 75,905 shares of the insurance provider's stock worth $4,503,000 after buying an additional 2,141 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Kemper by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 568,704 shares of the insurance provider's stock valued at $33,741,000 after purchasing an additional 8,395 shares during the last quarter. nVerses Capital LLC increased its holdings in shares of Kemper by 633.3% in the second quarter. nVerses Capital LLC now owns 2,200 shares of the insurance provider's stock valued at $131,000 after purchasing an additional 1,900 shares during the period. Aptus Capital Advisors LLC increased its stake in Kemper by 24.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 49,598 shares of the insurance provider's stock valued at $2,943,000 after buying an additional 9,825 shares during the period. Finally, Natixis Advisors LLC raised its position in Kemper by 50.6% during the 2nd quarter. Natixis Advisors LLC now owns 68,604 shares of the insurance provider's stock worth $4,070,000 after buying an additional 23,043 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Price Performance

Shares of NYSE:KMPR traded down $0.87 during trading on Friday, hitting $65.18. 217,190 shares of the stock were exchanged, compared to its average volume of 370,128. Kemper Co. has a 12-month low of $48.15 and a 12-month high of $73.01. The company has a market cap of $4.17 billion, a PE ratio of 15.52 and a beta of 0.88. The company has a fifty day moving average price of $67.36 and a two-hundred day moving average price of $63.24. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50.

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

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date was Monday, November 18th. Kemper's payout ratio is currently 29.52%.

Analyst Ratings Changes

KMPR has been the topic of a number of recent analyst reports. JMP Securities reiterated 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 increased their target price on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a research note on Thursday. StockNews.com downgraded Kemper from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, TD Cowen increased their price objective on Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Kemper presently has a consensus rating of "Buy" and a consensus price target of $80.40.

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.