Wealth Enhancement Advisory Services LLC boosted its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 69.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,258 shares of the insurance provider's stock after buying an additional 10,373 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Kemper were worth $1,678,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Treasurer of the State of North Carolina raised its holdings in Kemper by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 26,630 shares of the insurance provider's stock worth $1,769,000 after purchasing an additional 160 shares in the last quarter. Arizona State Retirement System lifted its holdings in Kemper by 0.9% in the fourth quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock valued at $1,242,000 after acquiring an additional 161 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Kemper by 2.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock worth $547,000 after acquiring an additional 206 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Kemper by 2.5% during the 4th quarter. American Century Companies Inc. now owns 13,551 shares of the insurance provider's stock worth $900,000 after buying an additional 334 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position 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 valued at $40,000 after purchasing an additional 352 shares during the period. Institutional investors own 86.23% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have commented on KMPR shares. Wall Street Zen downgraded shares of Kemper from a "strong-buy" rating to a "buy" rating in a report on Friday. Piper Sandler lowered their price objective on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $79.40.
Check Out Our Latest Stock Report on Kemper
Kemper Trading Down 2.4%
Kemper stock traded down $1.54 during trading on Tuesday, hitting $61.49. The company's stock had a trading volume of 798,619 shares, compared to its average volume of 385,410. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 12.52 and a beta of 1.30. Kemper Co. has a 1-year low of $53.57 and a 1-year high of $73.01. 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 stock's fifty day moving average is $60.89 and its 200 day moving average is $64.77.
Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the business earned $1.07 EPS. The firm's revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, equities research analysts predict that Kemper Co. will post 6.03 EPS for the current year.
Kemper Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were issued a $0.32 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 annualized dividend and a dividend yield of 2.08%. Kemper's dividend payout ratio (DPR) is 23.93%.
Kemper Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Kemper, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kemper wasn't on the list.
While Kemper currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
