Kemper Co. (NYSE:KMPR) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 9.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 258,300 shares of the insurance provider's stock after purchasing an additional 21,900 shares during the period. Two Sigma Advisers LP owned about 0.40% of Kemper worth $17,161,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the period. True Wealth Design LLC boosted its position in shares of Kemper by 197.5% in the 4th quarter. True Wealth Design LLC now owns 717 shares of the insurance provider's stock worth $48,000 after purchasing an additional 476 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of Kemper in the 4th quarter worth approximately $63,000. KBC Group NV lifted its position in Kemper by 25.8% in the 4th quarter. KBC Group NV now owns 2,579 shares of the insurance provider's stock valued at $171,000 after acquiring an additional 529 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Kemper by 44.6% in the 4th quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock valued at $197,000 after acquiring an additional 993 shares in the last quarter. 86.23% of the stock is owned by institutional investors.

Kemper Trading Up 1.6%

NYSE KMPR traded up $1.00 during trading on Tuesday, hitting $62.93. The stock had a trading volume of 91,476 shares, compared to its average volume of 450,112. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 12.82 and a beta of 1.26. The stock has a 50 day simple moving average of $61.70 and a 200 day simple moving average of $65.28. Kemper Co. has a one year low of $53.57 and a one 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.

Kemper (NYSE:KMPR - Get Free Report) last issued its earnings results 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 business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $1.07 earnings per share. Sell-side analysts predict that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Announces Dividend

The company 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 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Monday, May 19th. Kemper's dividend payout ratio is currently 23.93%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company 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 stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $79.40.

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.