Quadrature Capital Ltd Makes New $785,000 Investment in Kemper Co. (NYSE:KMPR)

Quadrature Capital Ltd acquired a new position in Kemper Co. (NYSE:KMPR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,815 shares of the insurance provider's stock, valued at approximately $785,000.

Other hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Kemper by 1.3% during the second quarter. Dimensional Fund Advisors LP now owns 2,429,101 shares of the insurance provider's stock valued at $144,115,000 after buying an additional 30,882 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of 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 during the last quarter. Deprince Race & Zollo Inc. increased its stake in shares of Kemper by 2.8% in 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 period. Vaughan Nelson Investment Management L.P. raised its holdings in Kemper by 65.2% during the 2nd 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 during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Kemper by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 568,704 shares of the insurance provider's stock worth $33,741,000 after acquiring an additional 8,395 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on KMPR. JMP Securities reissued a "market outperform" rating and issued a $85.00 target price on shares of Kemper in a research note on Tuesday, October 15th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. UBS Group upped their price objective on shares of Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a report on Tuesday, August 13th. Finally, TD Cowen lifted their target price 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. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $79.00.

Kemper Stock Down 0.9 %

Kemper stock traded down $0.61 on Friday, hitting $70.64. 269,164 shares of the stock traded hands, compared to its average volume of 340,900. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. The business's fifty day simple moving average is $65.88 and its 200 day simple moving average is $62.45. The firm has a market cap of $4.52 billion, a P/E ratio of 16.82 and a beta of 0.88. Kemper Co. has a 1 year low of $46.41 and a 1 year 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 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 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 earned ($0.44) earnings per share. The business's revenue was down 1.7% on a year-over-year basis. As a group, sell-side analysts forecast that Kemper Co. will post 5.49 earnings per share for the current year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Monday, November 18th. Kemper's dividend payout ratio is presently 29.52%.

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.