Cwm LLC Has $2.03 Million Holdings in Kemper Corporation (NYSE:KMPR)

CWM LLC increased its stake in Kemper Corporation (NYSE:KMPR - Free Report) by 63.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,401 shares of the insurance provider's stock after buying an additional 11,780 shares during the quarter. CWM LLC's holdings in Kemper were worth $2,032,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Ameriprise Financial Inc. boosted its stake in Kemper by 4.4% in the fourth quarter. Ameriprise Financial Inc. now owns 1,238,284 shares of the insurance provider's stock valued at $82,271,000 after acquiring an additional 52,290 shares during the period. No Street GP LP lifted its holdings in shares of Kemper by 5.3% in the 4th quarter. No Street GP LP now owns 1,100,000 shares of the insurance provider's stock worth $73,084,000 after purchasing an additional 55,000 shares during the last quarter. Driehaus Capital Management LLC lifted its holdings in shares of Kemper by 17.0% in the 4th quarter. Driehaus Capital Management LLC now owns 934,571 shares of the insurance provider's stock worth $62,093,000 after purchasing an additional 135,499 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Kemper by 69.2% in the 4th quarter. AQR Capital Management LLC now owns 916,195 shares of the insurance provider's stock worth $60,661,000 after purchasing an additional 374,798 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Kemper by 83.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 730,175 shares of the insurance provider's stock worth $48,813,000 after purchasing an additional 331,770 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Ratings Changes

KMPR has been the topic of several recent analyst reports. Wall Street Zen downgraded Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 6th. Piper Sandler cut their target price on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Five 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, the stock presently has a consensus rating of "Buy" and an average target price of $79.40.

Kemper Price Performance

Shares of NYSE KMPR traded down $0.27 during mid-day trading on Friday, reaching $61.75. The company had a trading volume of 466,039 shares, compared to its average volume of 420,367. Kemper Corporation has a 1-year low of $53.57 and a 1-year high of $73.01. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.32. The stock has a market cap of $3.95 billion, a PE ratio of 11.54 and a beta of 1.28. The company has a 50-day moving average price of $63.24 and a two-hundred day moving average price of $63.80.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a return on equity of 15.02% and a net margin of 7.38%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.07 earnings per share. On average, equities analysts anticipate that Kemper Corporation will post 6.03 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a $0.32 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.07%. Kemper's payout ratio is presently 23.93%.

Insider Activity

In other news, Director Gerald Laderman purchased 2,500 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average cost of $62.24 per share, for a total transaction of $155,600.00. Following the completion of the purchase, the director directly owned 21,635 shares of the company's stock, valued at approximately $1,346,562.40. The trade was a 13.07% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alberto J. Paracchini purchased 500 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average price of $61.71 per share, for a total transaction of $30,855.00. Following the completion of the purchase, the director directly owned 10,323 shares of the company's stock, valued at approximately $637,032.33. This trade represents a 5.09% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 6.20% of the company's stock.

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.