Mirabella Financial Services LLP Takes Position in Kemper Co. (NYSE:KMPR)

Mirabella Financial Services LLP bought a new position in shares of Kemper Co. (NYSE:KMPR - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 61,253 shares of the insurance provider's stock, valued at approximately $3,752,000. Mirabella Financial Services LLP owned about 0.10% of Kemper as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. GAMMA Investing LLC increased its holdings in shares of Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Kemper by 5,590.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock worth $35,000 after acquiring an additional 559 shares during the period. LRI Investments LLC acquired a new position in shares of Kemper during the 1st quarter valued at about $36,000. Quarry LP grew its holdings in shares of Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider's stock valued at $38,000 after purchasing an additional 329 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in Kemper during the third quarter worth about $46,000. Hedge funds and other institutional investors own 86.23% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on KMPR shares. Raymond James raised their price objective on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research report on Thursday, August 8th. TD Cowen boosted their price target on shares of Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. JMP Securities reaffirmed a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Finally, UBS Group raised their price target on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Kemper currently has a consensus rating of "Buy" and a consensus price target of $79.00.

Kemper Stock Up 0.4 %

Kemper stock traded up $0.31 during mid-day trading on Monday, reaching $71.92. 429,968 shares of the company's stock were exchanged, compared to its average volume of 376,530. The company has a fifty day moving average of $63.83 and a 200-day moving average of $61.72. The company has a market cap of $4.61 billion, a P/E ratio of 17.12 and a beta of 0.85. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper Co. has a twelve month low of $42.32 and a twelve month high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last released its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.28. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the business posted ($0.44) earnings per share. Kemper's revenue was down 1.7% compared to the same quarter last year. Sell-side analysts expect that Kemper Co. will post 5.36 EPS for the current year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.72%. Kemper's payout ratio is 29.52%.

Kemper 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.