Kemper Co. (NYSE:KMPR) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP increased its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 26.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 51,630 shares of the insurance provider's stock after acquiring an additional 10,948 shares during the period. Kemper comprises 0.2% of GSA Capital Partners LLP's portfolio, making the stock its 29th biggest position. GSA Capital Partners LLP owned about 0.08% of Kemper worth $3,162,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of KMPR. Versor Investments LP purchased a new stake in shares of Kemper during the third quarter valued at about $423,000. Capital Performance Advisors LLP purchased a new stake in shares of Kemper during the 3rd quarter valued at $46,000. Harbor Capital Advisors Inc. boosted its position in shares of Kemper by 254.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 56,997 shares of the insurance provider's stock worth $3,491,000 after purchasing an additional 40,895 shares in the last quarter. Pallas Capital Advisors LLC purchased a new position in Kemper during the 3rd quarter worth $289,000. Finally, State of Alaska Department of Revenue increased its position in Kemper by 7.2% during the 3rd quarter. State of Alaska Department of Revenue now owns 7,036 shares of the insurance provider's stock valued at $430,000 after buying an additional 475 shares in the last quarter. Institutional investors own 86.23% of the company's stock.

Kemper Price Performance

Shares of NYSE KMPR traded up $0.80 during midday trading on Tuesday, hitting $69.46. The stock had a trading volume of 318,681 shares, compared to its average volume of 376,571. The stock has a 50 day simple moving average of $62.04 and a 200-day simple moving average of $60.98. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $4.45 billion, a PE ratio of 16.39 and a beta of 0.85. Kemper Co. has a 1 year low of $38.52 and a 1 year high of $69.68.

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 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 company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted ($0.44) EPS. The firm's revenue for the quarter was down 1.7% on a year-over-year basis. On average, sell-side analysts expect that Kemper Co. will post 5.17 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Monday, November 18th. Kemper's dividend payout ratio (DPR) is presently 29.52%.

Wall Street Analysts Forecast Growth

KMPR has been the subject of several research analyst reports. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. JMP Securities reissued a "market outperform" rating and issued a $85.00 target price on shares of Kemper in a research report on Tuesday, October 15th. UBS Group lifted their price target on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. Raymond James raised their price objective on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research note on Thursday, August 8th. Finally, Piper Sandler upped their target price on Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research report on Tuesday, August 6th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $76.20.

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.