Kemper Co. (NYSE:KMPR) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group trimmed its position in Kemper Co. (NYSE:KMPR - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,629,803 shares of the insurance provider's stock after selling 305,622 shares during the quarter. Schroder Investment Management Group owned 2.54% of Kemper worth $107,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of KMPR. Pictet Asset Management Holding SA raised its holdings in Kemper by 2.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock valued at $547,000 after buying an additional 206 shares during the period. Norges Bank acquired a new stake in shares of Kemper in the fourth quarter worth $14,016,000. PKS Advisory Services LLC purchased a new position in shares of Kemper in the 4th quarter valued at $233,000. Modern Wealth Management LLC acquired a new position in shares of Kemper during the 4th quarter valued at $241,000. Finally, Prudential Financial Inc. boosted its position in Kemper by 3,378.5% during the 4th quarter. Prudential Financial Inc. now owns 220,712 shares of the insurance provider's stock worth $15,724,000 after purchasing an additional 214,367 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Piper Sandler raised their price objective on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Finally, Raymond James upped their price target on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a report on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $81.60.

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Kemper Stock Down 10.7 %

Shares of NYSE:KMPR traded down $6.93 during trading on Friday, hitting $57.77. The company's stock had a trading volume of 1,053,420 shares, compared to its average volume of 355,076. The company has a market capitalization of $3.70 billion, a PE ratio of 11.77 and a beta of 0.88. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The stock's 50-day moving average price is $66.62 and its two-hundred day moving average price is $65.76.

Kemper (NYSE:KMPR - Get Free Report) last announced its 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 return on equity of 14.11% and a net margin of 6.85%. As a group, sell-side analysts expect that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.32 per share. This is a positive change from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's dividend payout ratio (DPR) is currently 26.07%.

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.