12,709 Shares in Kemper Co. (NYSE:KMPR) Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS bought a new position in Kemper Co. (NYSE:KMPR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,709 shares of the insurance provider's stock, valued at approximately $844,000.

A number of other hedge funds have also added to or reduced their stakes in KMPR. EverSource Wealth Advisors LLC increased its holdings in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the last quarter. Clean Yield Group purchased a new position in Kemper during the fourth quarter valued at $45,000. GAMMA Investing LLC increased its position in Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after buying an additional 174 shares in the last quarter. Parkside Financial Bank & Trust bought a new position in shares of Kemper in the fourth quarter worth about $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Kemper during the 3rd quarter valued at about $82,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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Kemper Price Performance

NYSE KMPR traded down $2.02 during trading on Thursday, hitting $64.67. 494,961 shares of the stock traded hands, compared to its average volume of 352,226. The company has a market capitalization of $4.14 billion, a P/E ratio of 13.17 and a beta of 0.88. Kemper Co. has a 12-month low of $54.11 and a 12-month high of $73.01. The firm has a 50-day simple moving average of $66.78 and a 200-day simple moving average of $65.79. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. As a group, analysts predict 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 paid a dividend of $0.32 per share. This is a boost from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's payout ratio is presently 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.