Deprince Race & Zollo Inc. Boosts Holdings in Kemper Co. (NYSE:KMPR)

Deprince Race & Zollo Inc. lifted its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 741,775 shares of the insurance provider's stock after buying an additional 19,982 shares during the period. Kemper makes up about 1.0% of Deprince Race & Zollo Inc.'s holdings, making the stock its 28th biggest holding. Deprince Race & Zollo Inc. owned 1.15% of Kemper worth $44,010,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Inspire Investing LLC boosted its position in shares of Kemper by 3.1% during the second quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider's stock worth $353,000 after buying an additional 177 shares during the period. New York State Teachers Retirement System grew its holdings in shares of Kemper by 0.3% during the 1st quarter. New York State Teachers Retirement System now owns 71,848 shares of the insurance provider's stock valued at $4,449,000 after acquiring an additional 200 shares in the last quarter. Treasurer of the State of North Carolina grew its holdings in shares of Kemper by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 26,692 shares of the insurance provider's stock valued at $1,299,000 after acquiring an additional 260 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Kemper by 3.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider's stock valued at $598,000 after acquiring an additional 311 shares in the last quarter. Finally, CWM LLC boosted its holdings in Kemper by 257.8% in the first quarter. CWM LLC now owns 483 shares of the insurance provider's stock worth $30,000 after purchasing an additional 348 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on KMPR shares. UBS Group upped their price objective on shares of Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research report on Tuesday, August 13th. Piper Sandler upped their price objective on shares of Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research report on Tuesday, August 6th. JMP Securities increased their price target on shares of Kemper from $80.00 to $85.00 and gave the stock a "market outperform" rating in a research report on Tuesday, August 6th. Raymond James increased their price target on shares of Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research report on Thursday, August 8th. Finally, StockNews.com lowered shares of Kemper from a "buy" rating to a "hold" rating in a research report on Sunday, September 8th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Kemper currently has an average rating of "Buy" and an average price target of $76.20.

Kemper Trading Up 0.8 %

KMPR traded up $0.49 during trading on Thursday, reaching $61.04. 215,918 shares of the company's stock were exchanged, compared to its average volume of 381,493. Kemper Co. has a one year low of $38.32 and a one year high of $65.93. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $3.93 billion, a PE ratio of -32.13 and a beta of 0.85. The firm has a fifty day moving average price of $61.70 and a two-hundred day moving average price of $60.05.

Kemper (NYSE:KMPR - Get Free Report) last released its earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.23. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.02 billion. Kemper had a net margin of 1.11% and a return on equity of 7.27%. Kemper's quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.26) EPS. As a group, equities research analysts forecast that Kemper Co. will post 5.17 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.31 per share. The ex-dividend date was Monday, August 19th. This represents a $1.24 dividend on an annualized basis and a yield of 2.03%. Kemper's dividend payout ratio is presently -65.26%.

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.