Janus Henderson Group PLC Lowers Holdings in Kemper Co. (NYSE:KMPR)

Janus Henderson Group PLC reduced its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 33.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 344,219 shares of the insurance provider's stock after selling 170,978 shares during the period. Janus Henderson Group PLC owned approximately 0.54% of Kemper worth $21,084,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. CWM LLC lifted its stake in shares of Kemper by 629.4% in the 2nd quarter. CWM LLC now owns 3,523 shares of the insurance provider's stock valued at $209,000 after purchasing an additional 3,040 shares during the period. SG Americas Securities LLC boosted its stake in shares of Kemper by 56.1% during the 2nd quarter. SG Americas Securities LLC now owns 5,997 shares of the insurance provider's stock worth $356,000 after acquiring an additional 2,156 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Kemper by 3.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider's stock worth $598,000 after acquiring an additional 311 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Kemper during the 2nd quarter valued at about $336,000. Finally, Blue Trust Inc. increased its stake in shares of Kemper by 89.0% in the 2nd quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider's stock valued at $75,000 after purchasing an additional 572 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on KMPR. JMP Securities reissued a "market outperform" rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. TD Cowen boosted their price target on shares of Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Finally, UBS Group boosted their price objective on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a research note on Tuesday, August 13th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $79.00.

Kemper Trading Down 0.9 %

Shares of KMPR stock traded down $0.61 on Friday, hitting $70.64. 269,164 shares of the stock traded hands, compared to its average volume of 340,900. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. Kemper Co. has a twelve month low of $46.41 and a twelve month high of $73.01. The firm's 50-day moving average price is $65.88 and its two-hundred day moving average price is $62.47. The stock has a market capitalization of $4.52 billion, a PE ratio of 16.82 and a beta of 0.88.

Kemper (NYSE:KMPR - Get Free Report) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, beating the consensus estimate 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 net margin of 5.86% and a return on equity of 12.03%. Kemper's revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.44) EPS. As a group, analysts anticipate that Kemper Co. will post 5.49 EPS for the current year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were paid a dividend of $0.31 per share. The ex-dividend date was Monday, November 18th. This represents a $1.24 annualized dividend and a yield of 1.76%. Kemper's dividend payout ratio (DPR) is 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.