Kemper Co. (NYSE:KMPR) Stock Position Lifted by Intech Investment Management LLC

Intech Investment Management LLC raised its position in Kemper Co. (NYSE:KMPR - Free Report) by 330.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,895 shares of the insurance provider's stock after buying an additional 12,200 shares during the period. Intech Investment Management LLC's holdings in Kemper were worth $1,056,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of KMPR. Arizona State Retirement System grew its stake in Kemper by 0.9% during the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock valued at $1,242,000 after purchasing an additional 161 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after buying an additional 174 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Kemper by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock worth $597,000 after buying an additional 190 shares during the last quarter. Atom Investors LP raised its holdings in Kemper by 1.1% in the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider's stock valued at $1,178,000 after acquiring an additional 208 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted 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 acquiring an additional 352 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Piper Sandler upped their target price on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Raymond James upped their price objective on Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research note on Thursday, December 26th. Finally, StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $81.60.

Kemper Stock Performance

Shares of NYSE:KMPR traded up $0.06 during trading on Wednesday, hitting $67.70. 355,227 shares of the company traded hands, compared to its average volume of 341,755. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The business's fifty day moving average is $66.56 and its 200-day moving average is $65.52. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 13.79 and a beta of 0.88. Kemper Co. has a one year low of $54.11 and a one year high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. As a group, equities analysts predict that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company 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 represents a $1.28 dividend on an annualized basis and a yield of 1.89%. This is a positive change from Kemper's previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. Kemper's payout ratio is presently 26.07%.

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.