PKS Advisory Services LLC Makes New $233,000 Investment in Kemper Co. (NYSE:KMPR)

PKS Advisory Services LLC purchased a new stake in Kemper Co. (NYSE:KMPR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,500 shares of the insurance provider’s stock, valued at approximately $233,000.

Other large investors also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its stake in Kemper by 8.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 335,140 shares of the insurance provider’s stock worth $20,527,000 after purchasing an additional 27,173 shares during the period. Cerity Partners LLC grew its holdings in shares of Kemper by 155.8% during the third quarter. Cerity Partners LLC now owns 13,299 shares of the insurance provider’s stock worth $815,000 after buying an additional 8,099 shares in the last quarter. Algert Global LLC grew its holdings in shares of Kemper by 126.0% during the third quarter. Algert Global LLC now owns 14,640 shares of the insurance provider’s stock worth $897,000 after buying an additional 8,163 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its position in Kemper by 244.2% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 18,853 shares of the insurance provider’s stock valued at $1,155,000 after buying an additional 13,376 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Kemper by 1,070.6% in the 3rd quarter. Bank of Montreal Can now owns 140,189 shares of the insurance provider’s stock valued at $8,526,000 after acquiring an additional 128,213 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Kemper Stock Performance

Shares of KMPR stock opened at $67.71 on Wednesday. The stock has a market cap of $4.33 billion, a P/E ratio of 13.79 and a beta of 0.88. The company has a fifty day moving average price of $66.56 and a two-hundred day moving average price of $65.52. Kemper Co. has a one year low of $54.11 and a one year high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. As a group, equities analysts predict that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio is 26.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Piper Sandler lifted their price target on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Raymond James boosted their price target on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $81.60.

Kemper Company Profile

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.