Kemper Co. (NYSE:KMPR) Shares Sold by Jump Financial LLC

Jump Financial LLC decreased its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 71.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,145 shares of the insurance provider's stock after selling 29,755 shares during the quarter. Jump Financial LLC's holdings in Kemper were worth $807,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KMPR. Boston Partners lifted its position in shares of Kemper by 108.2% during the fourth quarter. Boston Partners now owns 1,105,859 shares of the insurance provider's stock worth $73,363,000 after purchasing an additional 574,730 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Kemper by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider's stock valued at $36,080,000 after buying an additional 28,807 shares in the last quarter. Victory Capital Management Inc. boosted its position in Kemper by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 425,221 shares of the insurance provider's stock valued at $28,252,000 after buying an additional 28,196 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Kemper by 10.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 371,144 shares of the insurance provider's stock worth $24,659,000 after acquiring an additional 36,004 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Kemper during the fourth quarter valued at approximately $23,325,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Down 1.0 %

NYSE KMPR traded down $0.58 during trading on Friday, hitting $58.22. The company's stock had a trading volume of 471,748 shares, compared to its average volume of 365,730. Kemper Co. has a fifty-two week low of $53.57 and a fifty-two week high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The company has a market cap of $3.73 billion, a PE ratio of 11.86 and a beta of 1.05. The business's 50 day simple moving average is $63.32 and its 200-day simple moving average is $65.37.

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

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a yield of 2.20%. This is a boost from Kemper's previous quarterly dividend of $0.31. Kemper's payout ratio is currently 26.07%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on KMPR shares. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Piper Sandler increased their target price on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Kemper currently has an average rating of "Buy" and a consensus target price of $81.60.

About Kemper

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.