Kemper Co. (NYSE:KMPR) Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. lessened its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 398,405 shares of the insurance provider's stock after selling 18,320 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 0.62% of Kemper worth $26,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of KMPR. GAMMA Investing LLC raised its holdings in shares of Kemper by 114.7% in the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock valued at $33,000 after buying an additional 289 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock valued at $35,000 after buying an additional 559 shares during the period. Clean Yield Group purchased a new stake in shares of Kemper in the 4th quarter valued at $45,000. Capital Performance Advisors LLP purchased a new stake in shares of Kemper in the 3rd quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Kemper in the 3rd quarter valued at $82,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Ratings Changes

KMPR has been the topic of several research analyst reports. Piper Sandler boosted their price objective on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. TD Cowen upped their price target on Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Finally, Raymond James upped their price target on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a report on Thursday, December 26th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $81.60.

Kemper Stock Up 2.9 %

NYSE KMPR traded up $1.94 during trading hours on Thursday, hitting $67.95. 307,260 shares of the company were exchanged, compared to its average volume of 357,964. Kemper Co. has a 52-week low of $54.11 and a 52-week high of $73.01. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 13.84 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $66.23 and a two-hundred day moving average of $64.59.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Equities research analysts anticipate that Kemper Co. will post 5.95 earnings per share for the current year.

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be given a $0.32 dividend. The ex-dividend date is Tuesday, February 18th. This is a boost from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.88%. Kemper's dividend payout ratio is 25.25%.

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.