Vaughan Nelson Investment Management L.P. Has $25.52 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Vaughan Nelson Investment Management L.P. trimmed its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 33.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 416,725 shares of the insurance provider's stock after selling 207,107 shares during the period. Vaughan Nelson Investment Management L.P. owned 0.65% of Kemper worth $25,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its stake in shares of Kemper by 56.8% during the 1st quarter. SG Americas Securities LLC now owns 3,841 shares of the insurance provider's stock worth $238,000 after buying an additional 1,391 shares during the last quarter. Sei Investments Co. grew its position in shares of Kemper by 2.8% in the first quarter. Sei Investments Co. now owns 64,176 shares of the insurance provider's stock valued at $3,974,000 after purchasing an additional 1,722 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Kemper by 8.4% during the first quarter. State Board of Administration of Florida Retirement System now owns 66,610 shares of the insurance provider's stock worth $4,124,000 after purchasing an additional 5,165 shares during the period. Blair William & Co. IL bought a new position in shares of Kemper during the first quarter worth approximately $228,000. Finally, Thornburg Investment Management Inc. lifted its holdings in Kemper by 17.2% during the 1st quarter. Thornburg Investment Management Inc. now owns 195,204 shares of the insurance provider's stock worth $12,057,000 after purchasing an additional 28,582 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Wall Street Analysts Forecast Growth

KMPR has been the topic of several research reports. Raymond James upped their price target on shares of Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a research note on Thursday, August 8th. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. Piper Sandler boosted their price target on Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research note on Tuesday, August 6th. JMP Securities restated a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. Finally, UBS Group increased their target price on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a report on Tuesday, August 13th. 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. According to data from MarketBeat.com, Kemper currently has an average rating of "Buy" and a consensus price target of $76.20.

Kemper Price Performance

Shares of KMPR stock traded down $0.39 during trading hours on Monday, reaching $70.54. The company's stock had a trading volume of 290,039 shares, compared to its average volume of 376,249. Kemper Co. has a fifty-two week low of $40.93 and a fifty-two week high of $71.57. The firm's 50 day simple moving average is $62.70 and its 200-day simple moving average is $61.32. 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 capitalization of $4.52 billion, a price-to-earnings ratio of 16.79 and a beta of 0.85.

Kemper (NYSE:KMPR - Get Free Report) last posted its earnings results 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 analysts' expectations of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The business's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.44) earnings per share. Sell-side analysts forecast that Kemper Co. will post 5.17 earnings per share for the current year.

Kemper Announces Dividend

The business 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 $0.31 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.76%. Kemper's dividend payout ratio is currently 29.52%.

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.