Caxton Associates LP bought a new position in shares of Kemper Co. (NYSE:KMPR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,639 shares of the insurance provider's stock, valued at approximately $308,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in KMPR. Treasurer of the State of North Carolina grew its position in shares of Kemper by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 26,630 shares of the insurance provider's stock worth $1,769,000 after acquiring an additional 160 shares during the last quarter. Arizona State Retirement System grew its position in shares of Kemper by 0.9% during the fourth quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock worth $1,242,000 after acquiring an additional 161 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after purchasing an additional 174 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Kemper by 2.2% during the fourth quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock worth $597,000 after purchasing an additional 190 shares during the period. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of Kemper by 2.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock worth $547,000 after purchasing an additional 206 shares during the period. Institutional investors and hedge funds own 86.23% of the company's stock.
Kemper Trading Down 0.0%
Kemper stock traded down $0.02 during trading on Tuesday, reaching $65.50. The company had a trading volume of 105,159 shares, compared to its average volume of 367,774. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The stock's 50 day moving average price is $62.30 and its two-hundred day moving average price is $65.33. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 13.34 and a beta of 1.26. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27.
Kemper (NYSE:KMPR - Get Free Report) last released its earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating 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%. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the firm earned $1.07 earnings per share. Kemper's revenue was up 4.4% compared to the same quarter last year. As a group, equities analysts expect that Kemper Co. will post 6.03 earnings per share for the current fiscal year.
Kemper Announces Dividend
The company also recently announced 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 1.95%. The ex-dividend date of this dividend is Monday, May 19th. Kemper's payout ratio is currently 23.93%.
Wall Street Analyst Weigh In
Separately, Piper Sandler dropped their price target on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Kemper currently has a consensus rating of "Buy" and a consensus price target of $79.40.
View Our Latest Stock Report on Kemper
About Kemper
(
Free Report)
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.
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