Harbor Capital Advisors Inc. Has $4.52 Million Stock Position in Kemper Co. (NYSE:KMPR)

Harbor Capital Advisors Inc. boosted its stake in Kemper Co. (NYSE:KMPR - Free Report) by 19.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,073 shares of the insurance provider's stock after purchasing an additional 11,076 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.11% of Kemper worth $4,523,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of Kemper by 1.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,429,101 shares of the insurance provider's stock worth $144,115,000 after buying an additional 30,882 shares in the last quarter. State Street Corp raised its stake in Kemper by 3.9% during the third quarter. State Street Corp now owns 2,136,621 shares of the insurance provider's stock worth $130,868,000 after acquiring an additional 79,622 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kemper by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider's stock worth $61,933,000 after acquiring an additional 9,412 shares during the last quarter. Westfield Capital Management Co. LP boosted its stake in shares of Kemper by 81.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider's stock valued at $51,333,000 after purchasing an additional 375,324 shares in the last quarter. Finally, Deprince Race & Zollo Inc. grew its holdings in shares of Kemper by 2.8% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 741,775 shares of the insurance provider's stock valued at $44,010,000 after purchasing an additional 19,982 shares during the last quarter. Institutional investors own 86.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KMPR shares. Raymond James raised their target price on shares of Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research report on Thursday, December 26th. JMP Securities reissued a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. TD Cowen increased their target price on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Finally, StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $80.40.

Kemper Trading Down 2.8 %

KMPR traded down $1.84 during midday trading on Friday, hitting $62.94. 293,003 shares of the company were exchanged, compared to its average volume of 337,467. The firm's 50 day moving average price is $67.77 and its 200-day moving average price is $63.71. Kemper Co. has a 1-year low of $52.24 and a 1-year high of $73.01. The firm has a market capitalization of $4.03 billion, a P/E ratio of 14.99 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating 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 net margin of 5.86% and a return on equity of 12.03%. The company's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.44) EPS. As a group, equities analysts forecast that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date was Monday, November 18th. Kemper's dividend payout ratio is 29.52%.

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.