Mirabella Financial Services LLP Acquires 32,523 Shares of Kemper Co. (NYSE:KMPR)

Mirabella Financial Services LLP raised its position in Kemper Co. (NYSE:KMPR - Free Report) by 53.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,776 shares of the insurance provider's stock after purchasing an additional 32,523 shares during the quarter. Mirabella Financial Services LLP owned 0.15% of Kemper worth $6,230,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in KMPR. Boston Partners raised its position in Kemper by 108.2% during the 4th quarter. Boston Partners now owns 1,105,859 shares of the insurance provider's stock worth $73,363,000 after purchasing an additional 574,730 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Kemper by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider's stock worth $61,933,000 after acquiring an additional 9,412 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Kemper by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider's stock worth $36,080,000 after acquiring an additional 28,807 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Kemper by 7.1% in the fourth quarter. Victory Capital Management Inc. now owns 425,221 shares of the insurance provider's stock worth $28,252,000 after acquiring an additional 28,196 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Kemper by 10.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 371,144 shares of the insurance provider's stock valued at $24,659,000 after acquiring an additional 36,004 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Stock Down 0.9 %

KMPR traded down $0.53 during midday trading on Friday, hitting $58.28. The company had a trading volume of 159,386 shares, compared to its average volume of 365,105. The stock's 50 day moving average price is $63.47 and its 200 day moving average price is $65.38. Kemper Co. has a 52 week low of $53.57 and a 52 week high of $73.01. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 11.85 and a beta of 1.05. 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 issued its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 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%. On average, research analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.20%. This is a positive change from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's dividend payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on KMPR shares. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Raymond James boosted their target price 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. Finally, Piper Sandler increased 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 issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $81.60.

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.