D. E. Shaw & Co. Inc. Has $532,000 Stock Holdings in Kemper Co. (NYSE:KMPR)

D. E. Shaw & Co. Inc. reduced its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 88.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,001 shares of the insurance provider's stock after selling 63,753 shares during the period. D. E. Shaw & Co. Inc.'s holdings in Kemper were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in KMPR. EverSource Wealth Advisors LLC increased its holdings in shares of Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after purchasing an additional 352 shares during the period. Parkside Financial Bank & Trust acquired a new position in Kemper in the fourth quarter valued at about $63,000. KBC Group NV lifted its position in Kemper by 25.8% during the fourth quarter. KBC Group NV now owns 2,579 shares of the insurance provider's stock worth $171,000 after purchasing an additional 529 shares during the period. Blue Trust Inc. lifted its holdings in shares of Kemper by 44.6% during the 4th quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock worth $197,000 after acquiring an additional 993 shares during the period. Finally, BKM Wealth Management LLC acquired a new stake in shares of Kemper in the 4th quarter valued at $202,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Trading Up 0.0%

NYSE KMPR traded up $0.01 on Friday, hitting $63.66. The company's stock had a trading volume of 25,954 shares, compared to its average volume of 378,926. The firm has a market cap of $4.07 billion, a PE ratio of 12.95 and a beta of 1.26. Kemper Co. has a 1-year low of $53.57 and a 1-year high of $73.01. The company's 50-day moving average is $61.48 and its 200 day moving average is $65.21. 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 issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, beating the consensus estimate 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 14.11% and a net margin of 6.85%. The business's quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 earnings per share. As a group, analysts predict that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The company 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 $0.32 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.01%. Kemper's dividend payout ratio (DPR) is currently 23.93%.

Analyst Ratings Changes

Separately, Piper Sandler lowered their price target on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Kemper currently has an average rating of "Buy" and an average target price of $79.40.

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.