XTX Topco Ltd acquired a new stake in Kemper Co. (NYSE:KMPR - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,674 shares of the insurance provider's stock, valued at approximately $654,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock worth $33,000 after purchasing an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Kemper by 5,590.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock worth $35,000 after purchasing an additional 559 shares in the last quarter. Quarry LP raised its holdings in Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider's stock worth $38,000 after purchasing an additional 329 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Kemper in the third quarter worth about $46,000. Finally, Blue Trust Inc. raised its holdings in Kemper by 89.0% in the second quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider's stock worth $75,000 after purchasing an additional 572 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.
Kemper Trading Up 0.1 %
NYSE:KMPR traded up $0.04 during trading hours on Friday, hitting $67.71. The company had a trading volume of 259,865 shares, compared to its average volume of 372,199. The company has a market cap of $4.34 billion, a P/E ratio of 16.10 and a beta of 0.88. 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 1 year low of $47.12 and a 1 year high of $73.01. The company has a 50-day moving average of $66.43 and a 200 day moving average of $62.67.
Kemper (NYSE:KMPR - Get Free Report) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating analysts' consensus estimates of $1.34 by $0.28. The company had revenue of $1.18 billion during 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 revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the business posted ($0.44) EPS. Sell-side analysts expect that Kemper Co. will post 5.36 earnings per share for the current year.
Kemper Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.83%. Kemper's dividend payout ratio is presently 29.52%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on KMPR shares. JMP Securities restated a "market outperform" rating and set a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. Finally, TD Cowen upped their target price on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $79.00.
Read Our Latest Analysis on Kemper
Kemper Company Profile
(
Free Report)
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.
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