Natixis Advisors LLC Has $3.41 Million Stock Position in Kemper Co. (NYSE:KMPR)

Natixis Advisors LLC reduced its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 18.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 55,697 shares of the insurance provider's stock after selling 12,907 shares during the quarter. Natixis Advisors LLC owned approximately 0.09% of Kemper worth $3,411,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornercap Investment Counsel Inc. bought a new position in Kemper in the third quarter worth about $238,000. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Kemper during the 3rd quarter worth approximately $430,000. KBC Group NV lifted its holdings in shares of Kemper by 24.2% in the 3rd quarter. KBC Group NV now owns 2,050 shares of the insurance provider's stock worth $126,000 after purchasing an additional 400 shares during the last quarter. MQS Management LLC acquired a new position in Kemper during the 3rd quarter valued at approximately $239,000. Finally, Aptus Capital Advisors LLC grew its stake in Kemper by 31.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 65,146 shares of the insurance provider's stock worth $3,990,000 after buying an additional 15,548 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KMPR. Raymond James raised their target price on Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a research note on Thursday, August 8th. JMP Securities reiterated 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 upgraded Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Piper Sandler boosted their price target on Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Finally, TD Cowen raised their price target on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $79.00.

Kemper Price Performance

KMPR traded down $0.49 during trading on Friday, reaching $71.61. The stock had a trading volume of 498,316 shares, compared to its average volume of 409,452. Kemper Co. has a 1-year low of $42.32 and a 1-year high of $72.82. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 17.05 and a beta of 0.85. The stock has a 50 day moving average of $63.83 and a two-hundred day moving average of $61.72. 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 (NYSE:KMPR - Get Free Report) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.28. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The business had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the business posted ($0.44) earnings per share. The company's quarterly revenue was down 1.7% on a year-over-year basis. As a group, equities analysts anticipate that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Monday, November 18th. Kemper's payout ratio is 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.