Kemper Co. (NYSE:KMPR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its stake in Kemper Co. (NYSE:KMPR - Free Report) by 2.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 397,025 shares of the insurance provider's stock after selling 10,846 shares during the quarter. Victory Capital Management Inc. owned about 0.62% of Kemper worth $24,318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Inspire Investing LLC grew its stake in Kemper by 3.1% in the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider's stock valued at $353,000 after acquiring an additional 177 shares during the period. GAMMA Investing LLC increased its position in shares of Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock worth $33,000 after purchasing an additional 289 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in 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. Quarry LP grew its position in Kemper by 105.1% in the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider's stock valued at $38,000 after acquiring an additional 329 shares in the last quarter. Finally, Arizona State Retirement System grew its position in shares of Kemper by 2.3% during the second quarter. Arizona State Retirement System now owns 18,010 shares of the insurance provider's stock worth $1,069,000 after buying an additional 397 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on KMPR shares. JMP Securities reissued a "market outperform" rating and set a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. Piper Sandler upped their price target on Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 6th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. Raymond James upped their price target on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research note on Thursday, August 8th. Finally, UBS Group upped their price objective on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a report on Tuesday, August 13th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Kemper presently has a consensus rating of "Buy" and an average target price of $76.20.

Kemper Price Performance

Kemper stock traded down $0.20 during trading hours on Monday, hitting $71.04. The stock had a trading volume of 113,307 shares, compared to its average volume of 375,456. 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 capitalization of $4.55 billion, a price-to-earnings ratio of 16.79 and a beta of 0.85. Kemper Co. has a 1-year low of $40.93 and a 1-year high of $71.57. The stock's fifty day moving average is $62.70 and its two-hundred day moving average is $61.32.

Kemper (NYSE:KMPR - Get Free Report) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.28. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. Kemper's revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.44) earnings per share. As a group, analysts predict that Kemper Co. will post 5.17 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is 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.