Hotchkis & Wiley Capital Management LLC Has $12.16 Million Position in Kemper Co. (NYSE:KMPR)

Hotchkis & Wiley Capital Management LLC cut its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,570 shares of the insurance provider's stock after selling 9,720 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 0.31% of Kemper worth $12,162,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in Kemper in the second quarter worth $955,000. CWM LLC increased its position in Kemper by 629.4% in the second quarter. CWM LLC now owns 3,523 shares of the insurance provider's stock worth $209,000 after buying an additional 3,040 shares during the period. SG Americas Securities LLC increased its position in Kemper by 56.1% in the second quarter. SG Americas Securities LLC now owns 5,997 shares of the insurance provider's stock worth $356,000 after buying an additional 2,156 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Kemper by 3.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider's stock worth $598,000 after buying an additional 311 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in Kemper in the second quarter worth $336,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Trading Up 0.8 %

NYSE:KMPR traded up $0.54 during mid-day trading on Wednesday, hitting $70.83. The company had a trading volume of 199,255 shares, compared to its average volume of 374,766. Kemper Co. has a fifty-two week low of $45.96 and a fifty-two week high of $73.01. The business's fifty day moving average is $65.27 and its two-hundred day moving average is $62.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. The firm has a market cap of $4.54 billion, a P/E ratio of 16.73 and a beta of 0.88.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.28. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. Kemper's revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.44) earnings per share. As a group, research analysts expect that Kemper Co. will post 5.36 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently declared 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. 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 29.52%.

Analysts Set New Price Targets

KMPR has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. JMP Securities reissued a "market outperform" rating and issued a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. UBS Group upped their price target on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a report on Tuesday, August 13th. TD Cowen upped their target price on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Finally, Raymond James upped their price target on Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a research report on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $79.00.

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.