Quantbot Technologies LP Purchases 16,106 Shares of Kemper Co. (NYSE:KMPR)

Quantbot Technologies LP boosted its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 805,300.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,108 shares of the insurance provider's stock after purchasing an additional 16,106 shares during the quarter. Quantbot Technologies LP's holdings in Kemper were worth $987,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KMPR. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Kemper by 84.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider's stock worth $2,472,000 after purchasing an additional 18,290 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Kemper in the 2nd quarter valued at $955,000. CWM LLC lifted its holdings in shares of Kemper by 629.4% during the 2nd quarter. CWM LLC now owns 3,523 shares of the insurance provider's stock worth $209,000 after acquiring an additional 3,040 shares during the period. SG Americas Securities LLC boosted its position 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 valued at $356,000 after acquiring an additional 2,156 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Kemper by 3.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider's stock valued at $598,000 after acquiring an additional 311 shares during the period. 86.23% of the stock is owned by institutional investors.

Kemper Trading Down 0.4 %

NYSE:KMPR traded down $0.29 during trading hours on Monday, hitting $71.20. 136,768 shares of the stock were exchanged, compared to its average volume of 374,065. The company has a market capitalization of $4.56 billion, a P/E ratio of 16.81 and a beta of 0.85. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The company's 50 day moving average is $64.89 and its two-hundred day moving average is $62.10. Kemper Co. has a twelve month low of $44.48 and a twelve month high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.28. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The company's revenue was down 1.7% on a year-over-year basis. During the same period last year, the company earned ($0.44) earnings per share. On average, sell-side analysts anticipate that Kemper Co. will post 5.36 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Monday, November 18th. Kemper's payout ratio is 29.52%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. JMP Securities restated a "market outperform" rating and set a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. UBS Group upped their price target on Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research report on Tuesday, August 13th. Raymond James lifted their price objective on Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a report on Thursday, August 8th. TD Cowen boosted their target price on Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Finally, StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $79.00.

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.