Kemper Co. (NYSE:KMPR) Stock Holdings Increased by GAMMA Investing LLC

GAMMA Investing LLC boosted its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 12,400.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,378 shares of the insurance provider's stock after purchasing an additional 88,663 shares during the quarter. GAMMA Investing LLC owned about 0.14% of Kemper worth $5,975,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Kemper by 141.9% in the 4th 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 in the last quarter. True Wealth Design LLC boosted its stake in Kemper by 197.5% in the fourth quarter. True Wealth Design LLC now owns 717 shares of the insurance provider's stock valued at $48,000 after acquiring an additional 476 shares in the last quarter. Parkside Financial Bank & Trust purchased a new position in shares of Kemper during the fourth quarter worth about $63,000. BKM Wealth Management LLC purchased a new position in shares of Kemper during the fourth quarter worth about $202,000. Finally, Teza Capital Management LLC acquired a new stake in shares of Kemper during the fourth quarter worth about $209,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Kemper

In other Kemper news, Director Alberto J. Paracchini bought 500 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the completion of the purchase, the director now owns 10,323 shares of the company's stock, valued at $637,032.33. This trade represents a 5.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gerald Laderman purchased 2,500 shares of the firm's stock in a transaction on Tuesday, June 10th. The stock was acquired 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 now owns 21,635 shares in the company, valued at $1,346,562.40. The trade was a 13.07% increase in their position. The disclosure for this purchase can be found here. Insiders own 6.20% of the company's stock.

Kemper Price Performance

Shares of Kemper stock traded up $1.53 during trading on Wednesday, reaching $63.01. The company's stock had a trading volume of 979,765 shares, compared to its average volume of 387,877. The business has a 50 day moving average price of $60.89 and a 200-day moving average price of $64.77. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The company has a market capitalization of $4.03 billion, a P/E ratio of 12.83 and a beta of 1.30. 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 earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating 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 net margin of 6.85% and a return on equity of 14.11%. The firm's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $1.07 earnings per share. As a group, sell-side analysts anticipate that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.03%. The ex-dividend date was Monday, May 19th. Kemper's dividend payout ratio (DPR) is presently 23.93%.

Analyst Ratings Changes

KMPR has been the topic of several research analyst reports. Piper Sandler cut their price target on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen cut shares of Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 6th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Kemper has a consensus rating of "Buy" and an average target price of $79.40.

Kemper Company 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.