Kemper Co. (NYSE:KMPR) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP cut its position in Kemper Co. (NYSE:KMPR - Free Report) by 8.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 274,599 shares of the insurance provider's stock after selling 26,356 shares during the period. Two Sigma Investments LP owned 0.43% of Kemper worth $18,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in KMPR. Merit Financial Group LLC acquired a new position in Kemper during the fourth quarter worth about $212,000. SG Americas Securities LLC lifted its stake in Kemper by 172.7% in the 4th quarter. SG Americas Securities LLC now owns 6,209 shares of the insurance provider's stock worth $413,000 after purchasing an additional 3,932 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Kemper by 44.6% during the 4th quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock worth $197,000 after purchasing an additional 993 shares during the last quarter. KBC Group NV grew its position in shares of Kemper by 25.8% in the fourth quarter. KBC Group NV now owns 2,579 shares of the insurance provider's stock valued at $171,000 after purchasing an additional 529 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Kemper by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock valued at $597,000 after purchasing an additional 190 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Performance

Kemper stock opened at $62.02 on Friday. The firm has a 50 day simple moving average of $61.92 and a 200-day simple moving average of $65.34. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 12.63 and a beta of 1.26. 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 1-year low of $53.57 and a 1-year high of $73.01.

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, beating analysts' consensus estimates of $1.48 by $0.17. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a return on equity of 14.11% and a net margin of 6.85%. The firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 earnings per share. On average, analysts expect that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Monday, May 19th. Kemper's dividend payout ratio (DPR) is presently 23.93%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lowered their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Kemper presently has a consensus 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.

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