AQR Capital Management LLC Grows Holdings in Kemper Co. (NYSE:KMPR)

AQR Capital Management LLC raised its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 69.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 916,195 shares of the insurance provider's stock after acquiring an additional 374,798 shares during the quarter. AQR Capital Management LLC owned approximately 1.43% of Kemper worth $60,661,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of KMPR. Boston Partners lifted its holdings 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 buying an additional 574,730 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Kemper in the 4th quarter valued at about $23,325,000. Prudential Financial Inc. boosted its position in shares of Kemper by 3,378.5% during the 4th quarter. Prudential Financial Inc. now owns 220,712 shares of the insurance provider's stock valued at $15,724,000 after purchasing an additional 214,367 shares in the last quarter. Norges Bank acquired a new stake in Kemper during the fourth quarter worth approximately $14,016,000. Finally, Ceredex Value Advisors LLC grew its stake in Kemper by 34,966.7% during the fourth quarter. Ceredex Value Advisors LLC now owns 157,800 shares of the insurance provider's stock worth $10,484,000 after purchasing an additional 157,350 shares during the period. Institutional investors own 86.23% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Piper Sandler increased their price objective 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. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Kemper presently has an average rating of "Buy" and an average target price of $81.60.

Kemper Price Performance

Shares of KMPR traded up $0.26 during midday trading on Wednesday, hitting $61.85. 98,707 shares of the company traded hands, compared to its average volume of 363,431. The stock has a 50-day moving average of $62.60 and a 200-day moving average of $65.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market cap of $3.96 billion, a P/E ratio of 12.57 and a beta of 1.26. Kemper Co. has a one year low of $53.57 and a one year high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, topping 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, sell-side analysts predict that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper 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.