Kemper Co. (NYSE:KMPR) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lowered its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 51.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,904 shares of the insurance provider's stock after selling 6,193 shares during the quarter. BNP Paribas Financial Markets' holdings in Kemper were worth $392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of KMPR. EverSource Wealth Advisors LLC increased its holdings in Kemper by 141.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the last quarter. Parkside Financial Bank & Trust purchased a new position in Kemper in the fourth quarter valued at $63,000. KBC Group NV increased its holdings in Kemper by 25.8% in the fourth quarter. KBC Group NV now owns 2,579 shares of the insurance provider's stock valued at $171,000 after buying an additional 529 shares during the last quarter. Blue Trust Inc. increased its holdings in Kemper by 44.6% in the fourth quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock valued at $197,000 after buying an additional 993 shares during the last quarter. Finally, BKM Wealth Management LLC purchased a new position in Kemper in the fourth quarter valued at $202,000. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Stock Performance

Shares of NYSE KMPR traded down $1.03 during midday trading on Wednesday, reaching $62.61. 463,879 shares of the company were exchanged, compared to its average volume of 379,858. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. Kemper Co. has a 1 year low of $53.57 and a 1 year high of $73.01. The stock has a fifty day simple moving average of $61.63 and a 200 day simple moving average of $65.27. The stock has a market cap of $4.01 billion, a P/E ratio of 12.75 and a beta of 1.26.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.17. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The firm's revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 earnings per share. On average, research analysts forecast that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be given a dividend of $0.32 per share. The ex-dividend date is Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.04%. Kemper's payout ratio is 23.93%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped their target price on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. Five research 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, the stock presently has a consensus rating of "Buy" and an average price target of $79.40.

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.