Charles Schwab Investment Management Inc. Trims Stock Position in Kemper Co. (NYSE:KMPR)

Charles Schwab Investment Management Inc. lowered its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 792,953 shares of the insurance provider's stock after selling 21,048 shares during the period. Charles Schwab Investment Management Inc. owned 1.24% of Kemper worth $52,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of KMPR. Clean Yield Group purchased a new stake in shares of Kemper in the fourth quarter worth about $45,000. GAMMA Investing LLC raised its holdings 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 acquiring an additional 174 shares in the last quarter. Parkside Financial Bank & Trust bought a new position in shares of Kemper during the 4th quarter valued at approximately $63,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Kemper in the third quarter valued at $82,000. Finally, KBC Group NV grew its holdings in shares of Kemper by 24.2% in the third quarter. KBC Group NV now owns 2,050 shares of the insurance provider's stock valued at $126,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 86.23% of the company's stock.

Kemper Trading Down 0.5 %

Shares of Kemper stock traded down $0.35 during trading on Monday, hitting $68.20. The stock had a trading volume of 453,335 shares, compared to its average volume of 342,450. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market cap of $4.36 billion, a PE ratio of 13.89 and a beta of 0.88. Kemper Co. has a 12 month low of $54.11 and a 12 month high of $73.01. The firm's fifty day simple moving average is $66.13 and its 200-day simple moving average is $65.27.

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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, beating 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%. As a group, sell-side analysts expect that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.88%. This is an increase from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's dividend payout ratio (DPR) is 26.07%.

Analysts Set New Price Targets

A number of research firms recently issued reports on KMPR. Piper Sandler upped their price target on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. TD Cowen increased their price target on shares of Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th. Finally, Raymond James upped their price objective on Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research report on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $81.60.

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.