Walleye Capital LLC Takes Position in Kemper Co. (NYSE:KMPR)

Walleye Capital LLC bought a new stake in shares of Kemper Co. (NYSE:KMPR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,910 shares of the insurance provider's stock, valued at approximately $1,124,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of KMPR. EverSource Wealth Advisors LLC lifted its stake in shares of Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after acquiring an additional 352 shares during the last quarter. Clean Yield Group purchased a new stake in Kemper in the fourth quarter worth $45,000. GAMMA Investing LLC lifted its position in shares of Kemper by 32.2% during the fourth 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. Parkside Financial Bank & Trust purchased a new stake in shares of Kemper during the fourth quarter valued at $63,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Kemper in the third quarter worth about $82,000. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Stock Down 1.2 %

KMPR stock traded down $0.73 during trading on Friday, reaching $58.07. 88,508 shares of the company traded hands, compared to its average volume of 364,795. The business has a 50 day simple moving average of $63.47 and a 200 day simple moving average of $65.38. Kemper Co. has a 12 month low of $53.57 and a 12 month high of $73.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 11.83 and a beta of 1.05.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. On average, equities research analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, February 18th. This is an increase from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.20%. Kemper's dividend payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

KMPR has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Raymond James lifted their price target on shares of Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research note on Thursday, December 26th. Finally, Piper Sandler increased their price objective on Kemper from $83.00 to $86.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Kemper presently has a consensus rating of "Buy" and an average price target of $81.60.

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.