Algert Global LLC Has $897,000 Stock Holdings in Kemper Co. (NYSE:KMPR)

Algert Global LLC lifted its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 126.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,640 shares of the insurance provider's stock after acquiring an additional 8,163 shares during the period. Algert Global LLC's holdings in Kemper were worth $897,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in KMPR. Millennium Management LLC increased its position in shares of Kemper by 1,336.4% in the second quarter. Millennium Management LLC now owns 340,948 shares of the insurance provider's stock worth $20,228,000 after acquiring an additional 317,212 shares in the last quarter. Lighthouse Investment Partners LLC grew its holdings in Kemper by 815.0% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 301,524 shares of the insurance provider's stock valued at $17,889,000 after purchasing an additional 268,569 shares in the last quarter. AQR Capital Management LLC grew its holdings in Kemper by 254.1% during the 2nd quarter. AQR Capital Management LLC now owns 349,822 shares of the insurance provider's stock valued at $20,398,000 after purchasing an additional 251,036 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in Kemper by 65.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider's stock valued at $37,012,000 after purchasing an additional 246,184 shares in the last quarter. Finally, Boston Partners grew its holdings in Kemper by 161.0% during the 1st quarter. Boston Partners now owns 263,432 shares of the insurance provider's stock valued at $16,297,000 after purchasing an additional 162,508 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on KMPR shares. UBS Group raised their price target on shares of Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, August 13th. TD Cowen increased their price objective on shares of Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Piper Sandler increased their price objective on shares of Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research note on Tuesday, August 6th. JMP Securities reiterated a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. Finally, StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. 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, Kemper currently has an average rating of "Buy" and an average price target of $79.00.

Kemper Stock Performance

Shares of Kemper stock traded up $0.56 during trading hours on Friday, reaching $71.49. The company's stock had a trading volume of 177,761 shares, compared to its average volume of 375,139. The company's 50 day simple moving average is $64.89 and its 200 day simple moving average is $62.08. 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 one year low of $43.18 and a one year high of $73.01. The stock has a market cap of $4.58 billion, a P/E ratio of 17.02 and a beta of 0.85.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. Kemper's quarterly revenue was down 1.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.44) EPS. As a group, analysts expect that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Dividend Announcement

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 dividend of $0.31 per share. The ex-dividend date is Monday, November 18th. This represents a $1.24 annualized dividend and a yield of 1.73%. Kemper's payout ratio 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.