Kemper Co. (NYSE:KMPR) Position Trimmed by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lessened its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 4.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 152,045 shares of the insurance provider's stock after selling 6,811 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.24% of Kemper worth $10,102,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its holdings in shares of Kemper by 0.9% in the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock valued at $1,242,000 after acquiring an additional 161 shares during the period. GAMMA Investing LLC raised its stake in Kemper by 32.2% during the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock valued at $48,000 after acquiring an additional 174 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Kemper by 2.2% in the 4th quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock valued at $597,000 after purchasing an additional 190 shares during the last quarter. Pictet Asset Management Holding SA raised its position in Kemper by 2.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock worth $547,000 after buying an additional 206 shares during the last quarter. Finally, Atom Investors LP lifted its stake in shares of Kemper by 1.1% in the 3rd quarter. Atom Investors LP now owns 19,240 shares of the insurance provider's stock worth $1,178,000 after acquiring an additional 208 shares during the period. Institutional investors and hedge funds own 86.23% of the company's stock.

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Kemper Stock Down 3.0 %

Shares of KMPR stock traded down $2.02 during trading hours on Thursday, reaching $64.67. The company had a trading volume of 494,961 shares, compared to its average volume of 352,226. The company has a market capitalization of $4.14 billion, a P/E ratio of 13.17 and a beta of 0.88. The stock's fifty day simple moving average is $66.78 and its 200 day simple moving average is $65.79. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. Kemper Co. has a twelve month low of $54.11 and a twelve month high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. As a group, sell-side analysts expect that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.98%. This is an increase from Kemper's previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. Kemper's dividend payout ratio (DPR) is 26.07%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Raymond James boosted their price target on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a research note on Thursday, December 26th. Finally, Piper Sandler raised their price objective on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $81.60.

About Kemper

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.