State Street Corp Acquires 79,622 Shares of Kemper Co. (NYSE:KMPR)

State Street Corp boosted its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,136,621 shares of the insurance provider's stock after acquiring an additional 79,622 shares during the quarter. State Street Corp owned 3.34% of Kemper worth $130,868,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KMPR. Inspire Investing LLC increased its position in 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 last quarter. Atom Investors LP boosted its stake in shares of Kemper by 1.1% during the 3rd quarter. Atom Investors LP now owns 19,240 shares of the insurance provider's stock worth $1,178,000 after acquiring an additional 208 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock valued at $33,000 after acquiring an additional 289 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Kemper by 3.2% in 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, Quarry LP lifted its holdings in Kemper by 105.1% in the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider's stock worth $38,000 after purchasing an additional 329 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Stock Performance

Shares of Kemper stock traded up $0.04 during midday trading on Friday, hitting $67.71. The company had a trading volume of 259,899 shares, compared to its average volume of 310,799. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. The stock has a market cap of $4.34 billion, a PE ratio of 16.12 and a beta of 0.88. The business's 50 day simple moving average is $66.55 and its two-hundred day simple moving average is $62.77. Kemper Co. has a 1-year low of $47.12 and a 1-year high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.28. The business had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. Kemper's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.44) earnings per share. As a group, equities analysts predict that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.83%. Kemper's payout ratio is presently 29.52%.

Analyst Ratings Changes

KMPR has been the topic of several analyst reports. JMP Securities reiterated a "market outperform" rating and set a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. 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. Finally, StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $79.00.

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.