Kemper Co. (NYSE:KMPR) Shares Sold by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP lowered its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 92.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,673 shares of the insurance provider's stock after selling 54,545 shares during the period. ExodusPoint Capital Management LP's holdings in Kemper were worth $310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in KMPR. EverSource Wealth Advisors LLC grew its position in Kemper by 141.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after acquiring an additional 352 shares during the period. Clean Yield Group acquired a new position in shares of Kemper in the 4th quarter valued at $45,000. GAMMA Investing LLC grew its holdings in shares of Kemper by 32.2% during the 4th 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. Parkside Financial Bank & Trust acquired a new stake in shares of Kemper during the 4th quarter worth about $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Kemper in the 3rd quarter valued at about $82,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Kemper Stock Down 1.3 %

Shares of NYSE KMPR traded down $0.74 during midday trading on Friday, hitting $56.77. The company's stock had a trading volume of 400,323 shares, compared to its average volume of 365,790. 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 capitalization of $3.63 billion, a price-to-earnings ratio of 11.56 and a beta of 1.05. The business's fifty day simple moving average is $64.28 and its two-hundred day simple moving average is $65.47. Kemper Co. has a 1 year low of $53.57 and a 1 year high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 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%. On average, equities analysts predict that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.25%. This is a boost from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's payout ratio is presently 26.07%.

Analysts Set New Price Targets

KMPR has been the subject of several research analyst reports. Piper Sandler increased their target price on shares of Kemper from $83.00 to $86.00 and gave the stock 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 report on Tuesday, January 7th. Finally, Raymond James boosted their target price on Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a research report on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $81.60.

About Kemper

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.