Kemper Co. (NYSE:KMPR) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 52.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,228 shares of the insurance provider's stock after purchasing an additional 6,929 shares during the period. Cerity Partners LLC's holdings in Kemper were worth $1,335,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC lifted its stake in shares of Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the period. Clean Yield Group purchased a new position in shares of Kemper during the 4th quarter worth $45,000. GAMMA Investing LLC lifted its stake in shares of Kemper by 32.2% during the 4th 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 stake in shares of Kemper during the fourth quarter worth $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Kemper in the third quarter valued at $82,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KMPR has been the topic of a number of research analyst reports. Raymond James raised 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. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Finally, Piper Sandler increased their price target on shares of Kemper from $83.00 to $86.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Kemper currently has an average rating of "Buy" and a consensus target price of $81.60.

Kemper Stock Up 3.9 %

Shares of KMPR stock traded up $2.20 during trading hours on Wednesday, hitting $58.45. 86,771 shares of the company were exchanged, compared to its average volume of 429,431. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 11.90 and a beta of 1.05. Kemper Co. has a one year low of $53.57 and a one year high of $73.01. The business's 50-day simple moving average is $63.82 and its two-hundred day simple moving average is $65.43. 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 (NYSE:KMPR - Get Free Report) last released its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS 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%. Sell-side analysts predict that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were issued a $0.32 dividend. This is an increase from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.28 annualized dividend and a dividend yield of 2.19%. Kemper's dividend payout ratio (DPR) is 26.07%.

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.