Loomis Sayles & Co. L P decreased its stake in Kemper Co. (NYSE:KMPR - Free Report) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,354 shares of the insurance provider's stock after selling 7,408 shares during the quarter. Loomis Sayles & Co. L P owned approximately 0.29% of Kemper worth $11,537,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in Kemper by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,429,101 shares of the insurance provider's stock worth $144,115,000 after buying an additional 30,882 shares during the last quarter. Westfield Capital Management Co. LP boosted its holdings in Kemper by 81.1% in the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider's stock worth $51,333,000 after purchasing an additional 375,324 shares in the last quarter. Deprince Race & Zollo Inc. increased its position in Kemper by 2.8% during the second quarter. Deprince Race & Zollo Inc. now owns 741,775 shares of the insurance provider's stock worth $44,010,000 after buying an additional 19,982 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Kemper by 65.2% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider's stock valued at $37,012,000 after buying an additional 246,184 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Kemper by 1.5% in the second quarter. Bank of New York Mellon Corp now owns 568,704 shares of the insurance provider's stock worth $33,741,000 after buying an additional 8,395 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. UBS Group raised their price objective on Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research note on Tuesday, August 13th. JMP Securities restated a "market outperform" rating and issued a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a report on Monday, November 4th. TD Cowen lifted their target price on shares of Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Finally, Piper Sandler upped their price target on shares of Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a report on Tuesday, August 6th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $79.00.
Check Out Our Latest Report on Kemper
Kemper Stock Performance
KMPR stock traded down $0.64 on Thursday, reaching $70.93. 245,485 shares of the company were exchanged, compared to its average volume of 375,998. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. Kemper Co. has a 12 month low of $42.32 and a 12 month high of $73.01. The stock's fifty day moving average price is $64.46 and its 200 day moving average price is $61.94. The firm has a market capitalization of $4.54 billion, a PE ratio of 16.89 and a beta of 0.85.
Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the firm posted ($0.44) EPS. The business's revenue was down 1.7% compared to the same quarter last year. On average, research analysts anticipate that Kemper Co. will post 5.36 EPS for the current fiscal year.
Kemper Dividend Announcement
The company also recently disclosed 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 is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.75%. Kemper's dividend payout ratio is currently 29.52%.
Kemper Profile
(
Free Report)
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.
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