Quantinno Capital Management LP Has $1.89 Million Stock Position in Kemper Co. (NYSE:KMPR)

Quantinno Capital Management LP lifted its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 111.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,439 shares of the insurance provider's stock after purchasing an additional 14,985 shares during the period. Quantinno Capital Management LP's holdings in Kemper were worth $1,889,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of KMPR. Nomura Holdings Inc. acquired a new position in shares of Kemper in the fourth quarter worth approximately $531,000. No Street GP LP lifted its position in shares of Kemper by 5.3% in the 4th quarter. No Street GP LP now owns 1,100,000 shares of the insurance provider's stock worth $73,084,000 after purchasing an additional 55,000 shares during the period. Nuveen Asset Management LLC lifted its position in shares of Kemper by 54.0% in the 4th quarter. Nuveen Asset Management LLC now owns 237,813 shares of the insurance provider's stock worth $15,800,000 after purchasing an additional 83,372 shares during the period. Lighthouse Investment Partners LLC boosted its stake in shares of Kemper by 36.2% in the 4th quarter. Lighthouse Investment Partners LLC now owns 226,152 shares of the insurance provider's stock valued at $15,026,000 after purchasing an additional 60,099 shares during the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Kemper during the fourth quarter worth $251,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Analyst Ratings Changes

Separately, Piper Sandler lowered their target price on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $79.40.

Kemper Trading Up 1.3%

KMPR stock traded up $0.79 during mid-day trading on Tuesday, reaching $62.72. The company's stock had a trading volume of 49,260 shares, compared to its average volume of 377,427. Kemper Co. has a 12 month low of $53.57 and a 12 month high of $73.01. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The business's 50 day moving average price is $61.70 and its 200 day moving average price is $65.28. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 12.79 and a beta of 1.26.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 EPS 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 the consensus estimate of $1.21 billion. During the same quarter last year, the firm posted $1.07 EPS. The company's quarterly revenue was up 4.4% on a year-over-year basis. On average, equities research analysts predict that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Monday, May 19th. Kemper's payout ratio is 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.