Kemper Corporation (NYSE:KMPR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its position in Kemper Corporation (NYSE:KMPR - Free Report) by 17.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,122 shares of the insurance provider's stock after selling 4,693 shares during the period. GSA Capital Partners LLP's holdings in Kemper were worth $1,479,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Kemper by 69.2% during the fourth quarter. AQR Capital Management LLC now owns 916,195 shares of the insurance provider's stock valued at $60,661,000 after purchasing an additional 374,798 shares during the period. Raymond James Financial Inc. bought a new stake in Kemper during the 4th quarter valued at approximately $23,325,000. Vaughan Nelson Investment Management L.P. grew its holdings in Kemper by 83.3% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 730,175 shares of the insurance provider's stock valued at $48,813,000 after buying an additional 331,770 shares in the last quarter. Norges Bank bought a new position in Kemper during the fourth quarter valued at approximately $14,016,000. Finally, Balyasny Asset Management L.P. increased its stake in Kemper by 175.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 314,295 shares of the insurance provider's stock worth $20,882,000 after acquiring an additional 200,346 shares during the last quarter. Institutional investors own 86.23% of the company's stock.

Insider Buying and Selling

In other news, Director Alberto J. Paracchini bought 500 shares of Kemper stock in a transaction on Tuesday, June 10th. The stock was acquired at an average price of $61.71 per share, with a total value of $30,855.00. Following the completion of the acquisition, the director directly owned 10,323 shares of the company's stock, valued at $637,032.33. The trade was a 5.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Gerald Laderman purchased 2,500 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The stock was bought at an average cost of $62.24 per share, with a total value of $155,600.00. Following the acquisition, the director 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 disclosure for this purchase can be found here. 6.20% of the stock is owned by corporate insiders.

Kemper Stock Performance

KMPR stock traded down $1.59 during midday trading on Friday, reaching $60.00. The stock had a trading volume of 644,748 shares, compared to its average volume of 495,542. The firm has a fifty day simple moving average of $62.67 and a two-hundred day simple moving average of $63.58. The stock has a market cap of $3.84 billion, a PE ratio of 11.21 and a beta of 1.28. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.22. Kemper Corporation has a 52-week low of $53.57 and a 52-week high of $73.01.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.48 by $0.17. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a return on equity of 15.02% and a net margin of 7.38%. Kemper's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.07 earnings per share. As a group, equities research analysts anticipate that Kemper Corporation will post 6.03 EPS for the current year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.1%. Kemper's dividend payout ratio is presently 23.93%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KMPR. Wall Street Zen lowered Kemper from a "strong-buy" rating to a "buy" rating in a report on Friday, June 6th. Piper Sandler lowered their target price on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Kemper has an average 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.