Kemper Co. (NYSE:KMPR) Receives Average Rating of "Buy" from Brokerages

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have been given an average rating of "Buy" by the five research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $81.60.

A number of research firms have recently issued reports on KMPR. Piper Sandler raised their price target on shares of Kemper from $83.00 to $86.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. TD Cowen raised their price target on shares of Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Raymond James raised their price target on shares of Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a research report on Thursday, December 26th. Finally, StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th.

Kemper Stock Up 0.3 %

NYSE KMPR traded up $0.23 during trading hours on Monday, reaching $65.53. 410,399 shares of the company traded hands, compared to its average volume of 342,821. Kemper has a 12 month low of $54.11 and a 12 month high of $73.01. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $4.19 billion, a PE ratio of 13.35 and a beta of 0.88. The company has a 50 day moving average of $66.07 and a two-hundred day moving average of $65.17.

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Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings data 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 net margin of 6.85% and a return on equity of 14.11%. As a group, equities analysts expect that Kemper will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This is a boost from Kemper's previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 annualized dividend and a yield of 1.95%. Kemper's dividend payout ratio (DPR) is presently 26.07%.

Hedge Funds Weigh In On Kemper

Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its stake in Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the period. Clean Yield Group acquired a new position in Kemper during the 4th quarter valued at about $45,000. Capital Performance Advisors LLP acquired a new position in shares of Kemper in the 3rd quarter worth approximately $46,000. GAMMA Investing LLC grew its stake in shares of Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after purchasing an additional 174 shares during the last quarter. Finally, True Wealth Design LLC grew its stake in shares of Kemper by 197.5% in the 4th quarter. True Wealth Design LLC now owns 717 shares of the insurance provider's stock worth $48,000 after purchasing an additional 476 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

About Kemper

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.