Wealth Enhancement Advisory Services LLC Has $1.68 Million Stock Position in Kemper Co. (NYSE:KMPR)

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 69.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,258 shares of the insurance provider's stock after purchasing an additional 10,373 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Kemper were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Kemper by 141.9% in 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 last quarter. True Wealth Design LLC lifted its position in Kemper by 197.5% during the fourth quarter. True Wealth Design LLC now owns 717 shares of the insurance provider's stock worth $48,000 after buying an additional 476 shares in the last quarter. Parkside Financial Bank & Trust purchased a new position in Kemper during the fourth quarter worth approximately $63,000. BKM Wealth Management LLC purchased a new stake in Kemper in the fourth quarter valued at $202,000. Finally, Teza Capital Management LLC purchased a new stake in shares of Kemper in the 4th quarter valued at $209,000. Institutional investors own 86.23% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KMPR shares. Piper Sandler lowered their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Wall Street Zen downgraded Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $79.40.

Kemper Stock Performance

Shares of NYSE KMPR traded up $0.92 during midday trading on Friday, hitting $63.89. 323,391 shares of the company's stock were exchanged, compared to its average volume of 382,156. The firm has a market cap of $4.09 billion, a P/E ratio of 13.01 and a beta of 1.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01. The stock's 50 day moving average price is $61.03 and its 200-day moving average price is $64.94.

Kemper (NYSE:KMPR - Get Free Report) last announced its earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the business earned $1.07 EPS. The company's revenue was up 4.4% on a year-over-year basis. Equities research analysts anticipate that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend was Monday, May 19th. Kemper's payout ratio is presently 23.93%.

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.