Blue Capital Inc. Invests $531,000 in Kemper Co. (NYSE:KMPR)

Blue Capital Inc. acquired a new stake in Kemper Co. (NYSE:KMPR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 7,990 shares of the insurance provider's stock, valued at approximately $531,000.

Several other hedge funds also recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in Kemper by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider's stock worth $36,080,000 after acquiring an additional 28,807 shares during the last quarter. Blue Trust Inc. boosted its stake in Kemper by 44.6% during the fourth quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock worth $197,000 after acquiring an additional 993 shares in the last quarter. JPMorgan Chase & Co. increased its position in Kemper by 102.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 201,756 shares of the insurance provider's stock valued at $12,358,000 after buying an additional 102,339 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of Kemper by 27.2% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 5,717 shares of the insurance provider's stock worth $380,000 after purchasing an additional 1,221 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its stake in shares of Kemper by 52.0% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the insurance provider's stock worth $242,000 after buying an additional 1,246 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Performance

Shares of KMPR stock traded up $0.03 on Wednesday, hitting $61.62. The company had a trading volume of 423,982 shares, compared to its average volume of 364,680. The firm has a market cap of $3.95 billion, a P/E ratio of 12.55 and a beta of 1.26. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01. The company has a 50-day moving average price of $62.48 and a 200-day moving average price of $65.28. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, topping analysts' consensus estimates of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. During the same quarter in the previous year, the firm earned $1.07 earnings per share. Kemper's revenue for the quarter was up 4.4% on a year-over-year basis. As a group, equities research analysts predict that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.08%. Kemper's dividend payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

KMPR has been the subject of a number of recent research reports. Piper Sandler boosted their price target on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $81.60.

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.