6,910 Shares in Kemper Co. (NYSE:KMPR) Bought by Versor Investments LP

Versor Investments LP purchased a new position in shares of Kemper Co. (NYSE:KMPR) in the third quarter, according to its most recent filing with the SEC. The firm purchased 6,910 shares of the insurance provider’s stock, valued at approximately $423,000.

A number of other large investors have also recently bought and sold shares of KMPR. Khrom Capital Management LLC grew its holdings in Kemper by 414.0% during the 1st quarter. Khrom Capital Management LLC now owns 425,262 shares of the insurance provider’s stock worth $26,332,000 after acquiring an additional 342,519 shares during the period. Millennium Management LLC grew its stake in shares of Kemper by 1,336.4% in the 2nd quarter. Millennium Management LLC now owns 340,948 shares of the insurance provider’s stock valued at $20,228,000 after buying an additional 317,212 shares during the period. Lighthouse Investment Partners LLC grew its stake in shares of Kemper by 815.0% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 301,524 shares of the insurance provider’s stock valued at $17,889,000 after buying an additional 268,569 shares during the period. AQR Capital Management LLC grew its stake in shares of Kemper by 254.1% in the 2nd quarter. AQR Capital Management LLC now owns 349,822 shares of the insurance provider’s stock valued at $20,398,000 after buying an additional 251,036 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its stake in shares of Kemper by 65.2% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock valued at $37,012,000 after buying an additional 246,184 shares during the period. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Price Performance

Kemper stock opened at $70.65 on Friday. Kemper Co. has a 52 week low of $40.93 and a 52 week high of $70.83. The company’s 50 day moving average price is $62.49 and its two-hundred day moving average price is $61.20. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The stock has a market cap of $4.52 billion, a P/E ratio of 16.82 and a beta of 0.85.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the firm earned ($0.44) EPS. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, equities analysts predict that Kemper Co. will post 5.17 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be given a dividend of $0.31 per share. The ex-dividend date is Monday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.76%. Kemper’s dividend payout ratio is currently 29.52%.

Wall Street Analyst Weigh In

KMPR has been the subject of several research reports. StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Raymond James raised their price target on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research report on Thursday, August 8th. UBS Group raised their price target on shares of Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. Finally, Piper Sandler raised their price target on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $76.20.

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.