Enlightenment Research LLC bought a new position in shares of Kemper Corp (NYSE:KMPR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 400 shares of the insurance provider’s stock, valued at approximately $27,000.
Several other institutional investors have also modified their holdings of KMPR. Oregon Public Employees Retirement Fund raised its holdings in shares of Kemper by 6,538.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,628,832 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 1,604,294 shares during the last quarter. Meeder Asset Management Inc. grew its position in Kemper by 99.4% during the fourth quarter. Meeder Asset Management Inc. now owns 1,262 shares of the insurance provider’s stock valued at $84,000 after buying an additional 629 shares during the period. First Hawaiian Bank acquired a new stake in Kemper during the third quarter valued at $105,000. Ruggie Capital Group acquired a new stake in Kemper during the fourth quarter valued at $127,000. Finally, FMR LLC acquired a new stake in Kemper during the third quarter valued at $143,000. 66.70% of the stock is owned by hedge funds and other institutional investors.
Several research firms recently commented on KMPR. JMP Securities raised their price target on shares of Kemper from $78.00 to $82.00 and gave the company a “market outperform” rating in a research report on Tuesday, February 12th. Zacks Investment Research lowered shares of Kemper from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th. Finally, Keefe, Bruyette & Woods began coverage on shares of Kemper in a research report on Thursday, November 1st. They set a “market perform” rating and a $80.00 price target on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $82.33.
KMPR stock opened at $82.18 on Thursday. The firm has a market cap of $5.28 billion, a P/E ratio of 18.97 and a beta of 1.15. The company has a current ratio of 0.21, a quick ratio of 0.27 and a debt-to-equity ratio of 0.30. Kemper Corp has a one year low of $54.75 and a one year high of $87.00.
Kemper (NYSE:KMPR) last released its quarterly earnings results on Monday, February 11th. The insurance provider reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.14. Kemper had a net margin of 5.10% and a return on equity of 10.11%. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $0.60 earnings per share. The firm’s revenue was up 67.8% on a year-over-year basis. Research analysts predict that Kemper Corp will post 5.45 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th will be given a $0.25 dividend. This is a positive change from Kemper’s previous quarterly dividend of $0.24. The ex-dividend date is Friday, February 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.22%. Kemper’s dividend payout ratio (DPR) is 22.88%.
Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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