Kemper Co. (NYSE:KMPR) Shares Acquired by Quest Partners LLC

Quest Partners LLC lifted its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 279.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,170 shares of the insurance provider's stock after buying an additional 7,489 shares during the quarter. Quest Partners LLC's holdings in Kemper were worth $623,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cornercap Investment Counsel Inc. acquired a new stake in shares of Kemper in the 3rd quarter valued at about $238,000. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Kemper in the third quarter valued at approximately $430,000. KBC Group NV grew its position in shares of Kemper by 24.2% during the third quarter. KBC Group NV now owns 2,050 shares of the insurance provider's stock worth $126,000 after acquiring an additional 400 shares during the last quarter. MQS Management LLC acquired a new position in shares of Kemper in the 3rd quarter valued at $239,000. Finally, Aptus Capital Advisors LLC raised its position in Kemper by 31.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 65,146 shares of the insurance provider's stock valued at $3,990,000 after purchasing an additional 15,548 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. UBS Group raised their price objective on shares of Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. Raymond James boosted their price target on Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a research report on Thursday, August 8th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. JMP Securities reiterated a "market outperform" rating and issued a $85.00 target price on shares of Kemper in a research note on Tuesday, October 15th. Finally, Piper Sandler upped their price target on Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $79.00.

Kemper Stock Performance

NYSE KMPR traded down $0.49 during trading hours on Friday, hitting $71.61. 498,316 shares of the stock were exchanged, compared to its average volume of 409,452. 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 has a market cap of $4.59 billion, a price-to-earnings ratio of 17.05 and a beta of 0.85. Kemper Co. has a 12-month low of $42.32 and a 12-month high of $72.82. The stock has a 50-day moving average of $63.83 and a 200 day moving average of $61.72.

Kemper (NYSE:KMPR - Get Free Report) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.28. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the business posted ($0.44) EPS. The company's revenue for the quarter was down 1.7% on a year-over-year basis. As a group, equities research analysts forecast that Kemper Co. will post 5.36 earnings per share for the current 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 issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Monday, November 18th. Kemper's dividend payout ratio (DPR) is currently 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.