1 week Ago By ABMN Staff
Geode Capital Management LLC decreased its holdings in shares of Kemper Co. ( NYSE:KMPR – Free Report ) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC.
The firm owned 999,708 shares of the insurance provider’s stock after selling 11,173 shares during the period. Geode Capital Management LLC’s holdings in Kemper were worth $66,443,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently made changes to their positions in KMPR.
State Street Corp lifted its stake in shares of Kemper by 3.9% in the 3rd quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after acquiring an additional 79,622 shares during the period.
Boston Partners lifted its position in Kemper by 108.2% in the fourth quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock valued at $73,363,000 after purchasing an additional 574,730 shares during the period.
Bank of New York Mellon Corp boosted its holdings in Kemper by 5.6% in the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider’s stock valued at $36,080,000 after purchasing an additional 28,807 shares in the last quarter.
Victory Capital Management Inc. increased its position in Kemper by 7.1% during the 4th quarter.
Victory Capital Management Inc. now owns 425,221 shares of the insurance provider’s stock worth $28,252,000 after purchasing an additional 28,196 shares during the period. Finally, Raymond James Financial Inc.
acquired a new position in Kemper during the 4th quarter worth approximately $23,325,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.
Analyst Upgrades and Downgrades A number of analysts recently weighed in on the company. StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th.
Piper Sandler boosted their target price on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th.
Finally, Raymond James increased their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th.
Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $81.60.
Kemper Stock Down 2.3 % KMPR opened at $56.80 on Friday.
Kemper Co. has a one year low of $53.57 and a one year high of $73.
01. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 11.
57 and a beta of 1.05. The business’s fifty day moving average is $65.
34 and its two-hundred day moving average is $65.62. The company has a debt-to-equity ratio of 0.
50, a quick ratio of 0.27 and a current ratio of 0.27.
Kemper ( NYSE:KMPR – Get Free Report ) last issued 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 net margin of 6.
85% and a return on equity of 14.11%. Analysts anticipate that Kemper Co.
will post 6.03 EPS for the current fiscal year. Kemper Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th.
Investors of record on Tuesday, February 18th were given a dividend of $0.32 per share. This is an increase from Kemper’s previous quarterly dividend of $0.
31. This represents a $1.28 annualized dividend and a dividend yield of 2.
25%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s payout ratio is currently 26.
07%. Kemper 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.
Further Reading Want to see what other hedge funds are holding KMPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kemper Co. ( NYSE:KMPR – Free Report ).
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