Kemper Co. (NYSE:KMPR) Shares Acquired by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. boosted its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,004 shares of the insurance provider's stock after acquiring an additional 17,558 shares during the period. Thornburg Investment Management Inc. owned about 0.32% of Kemper worth $13,620,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantinno Capital Management LP grew its stake in Kemper by 111.4% in the 4th quarter. Quantinno Capital Management LP now owns 28,439 shares of the insurance provider's stock worth $1,889,000 after acquiring an additional 14,985 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Kemper during the fourth quarter worth $531,000. No Street GP LP grew its position in shares of Kemper by 5.3% in the fourth quarter. No Street GP LP now owns 1,100,000 shares of the insurance provider's stock valued at $73,084,000 after purchasing an additional 55,000 shares during the period. Nuveen Asset Management LLC increased its stake in Kemper by 54.0% in the fourth quarter. Nuveen Asset Management LLC now owns 237,813 shares of the insurance provider's stock valued at $15,800,000 after purchasing an additional 83,372 shares during the last quarter. Finally, Lighthouse Investment Partners LLC lifted its position in Kemper by 36.2% during the fourth quarter. Lighthouse Investment Partners LLC now owns 226,152 shares of the insurance provider's stock worth $15,026,000 after buying an additional 60,099 shares during the period. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Kemper Trading Down 0.3%

Shares of KMPR traded down $0.19 during trading hours on Friday, hitting $61.83. The stock had a trading volume of 301,697 shares, compared to its average volume of 373,563. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The firm has a market cap of $3.96 billion, a P/E ratio of 12.58 and a beta of 1.26. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The company's fifty day simple moving average is $61.92 and its 200 day simple moving average is $65.34.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 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 14.11% and a net margin of 6.85%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business posted $1.07 EPS. Equities research analysts forecast that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

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

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.