SG Americas Securities LLC Has $413,000 Position in Kemper Co. (NYSE:KMPR)

SG Americas Securities LLC raised its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 172.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,209 shares of the insurance provider's stock after purchasing an additional 3,932 shares during the period. SG Americas Securities LLC's holdings in Kemper were worth $413,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its position in Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after purchasing an additional 174 shares during the last quarter. Atom Investors LP raised its stake in Kemper by 1.1% during the 3rd quarter. Atom Investors LP now owns 19,240 shares of the insurance provider's stock valued at $1,178,000 after acquiring an additional 208 shares in the last quarter. Quarry LP boosted its position in Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider's stock worth $38,000 after acquiring an additional 329 shares during the period. KBC Group NV boosted its position in Kemper by 24.2% during the 3rd quarter. KBC Group NV now owns 2,050 shares of the insurance provider's stock worth $126,000 after acquiring an additional 400 shares during the period. Finally, State of Alaska Department of Revenue grew its stake in shares of Kemper by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 7,036 shares of the insurance provider's stock worth $430,000 after purchasing an additional 475 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KMPR has been the topic of several research analyst reports. TD Cowen raised 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. Raymond James upped their target price on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a research report on Thursday, December 26th. JMP Securities reiterated a "market outperform" rating and set a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. Piper Sandler upped their price objective on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a report on Thursday. Finally, StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $81.60.

Kemper Trading Up 1.3 %

Shares of Kemper stock traded up $0.89 on Thursday, reaching $69.44. 849,566 shares of the company were exchanged, compared to its average volume of 352,515. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 16.53 and a beta of 0.88. The stock has a fifty day moving average price of $66.59 and a 200-day moving average price of $64.46.

Kemper (NYSE:KMPR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 5.86% and a return on equity of 12.03%. On average, analysts expect that Kemper Co. will post 5.49 EPS for the current year.

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.32 per share. This is a boost from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Tuesday, February 18th. Kemper's payout ratio is currently 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.