Edgestream Partners L.P. Takes $2.99 Million Position in Kemper Co. (NYSE:KMPR)

Edgestream Partners L.P. purchased a new stake in shares of Kemper Co. (NYSE:KMPR - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,826 shares of the insurance provider's stock, valued at approximately $2,991,000. Edgestream Partners L.P. owned 0.08% of Kemper as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. boosted its position in Kemper by 65.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider's stock valued at $37,012,000 after buying an additional 246,184 shares during the period. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Kemper by 84.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider's stock worth $2,472,000 after purchasing an additional 18,290 shares during the period. Dynamic Technology Lab Private Ltd boosted its holdings in shares of Kemper by 244.2% during the third quarter. Dynamic Technology Lab Private Ltd now owns 18,853 shares of the insurance provider's stock worth $1,155,000 after purchasing an additional 13,376 shares during the period. Westfield Capital Management Co. LP grew its stake in shares of Kemper by 81.1% in the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider's stock worth $51,333,000 after purchasing an additional 375,324 shares during the last quarter. Finally, Natixis Advisors LLC increased its holdings in Kemper by 50.6% during the 2nd quarter. Natixis Advisors LLC now owns 68,604 shares of the insurance provider's stock valued at $4,070,000 after purchasing an additional 23,043 shares during the period. 86.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KMPR has been the subject of several research analyst reports. Raymond James increased their price objective on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a report on Thursday, August 8th. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Piper Sandler upped their price objective on shares of Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a report on Tuesday, August 6th. UBS Group lifted their target price 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. Finally, TD Cowen increased their price target on shares of Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $79.00.

Kemper Stock Down 0.7 %

Shares of KMPR stock traded down $0.49 during mid-day trading on Monday, reaching $71.00. 348,479 shares of the company's stock traded hands, compared to its average volume of 375,024. Kemper Co. has a 12 month low of $44.48 and a 12 month high of $73.01. The company's 50-day moving average price is $64.89 and its 200-day moving average price is $62.10. The company has a market cap of $4.55 billion, a P/E ratio of 16.81 and a beta of 0.85. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50.

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

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.31 per share. The ex-dividend date is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.75%. 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.