Cerity Partners LLC Raises Position in Kemper Co. (NYSE:KMPR)

Cerity Partners LLC increased its stake in Kemper Co. (NYSE:KMPR - Free Report) by 155.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,299 shares of the insurance provider's stock after purchasing an additional 8,099 shares during the period. Cerity Partners LLC's holdings in Kemper were worth $815,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC raised its stake in shares of Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock worth $33,000 after acquiring an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock worth $35,000 after purchasing an additional 559 shares during the period. Quarry LP lifted its stake in Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider's stock worth $38,000 after purchasing an additional 329 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in Kemper during the third quarter valued at about $46,000. Finally, Blue Trust Inc. grew its stake in shares of Kemper by 89.0% during the second quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider's stock valued at $75,000 after buying an additional 572 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. TD Cowen lifted their price target on Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Raymond James raised their price target on shares of Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a report on Thursday, August 8th. UBS Group upped their price objective on shares of Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research note on Tuesday, August 13th. JMP Securities restated a "market outperform" rating and set a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. Finally, StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Kemper presently has a consensus rating of "Buy" and a consensus price target of $79.00.

Kemper Stock Down 0.9 %

KMPR stock traded down $0.61 during midday trading on Friday, hitting $70.64. The stock had a trading volume of 269,164 shares, compared to its average volume of 374,030. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 16.96 and a beta of 0.88. The business has a 50-day moving average of $65.68 and a two-hundred day moving average of $62.36. Kemper Co. has a 52-week low of $46.41 and a 52-week high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the business earned ($0.44) EPS. Kemper's quarterly revenue was down 1.7% compared to the same quarter last year. As a group, equities research analysts forecast that Kemper Co. will post 5.36 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The business also recently declared 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 1.76%. Kemper's dividend payout ratio is currently 29.52%.

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.