UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Holdings in Kemper Co. (NYSE:KMPR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Kemper Co. (NYSE:KMPR - Free Report) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 189,240 shares of the insurance provider's stock after purchasing an additional 25,714 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Kemper worth $12,573,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Treasurer of the State of North Carolina grew its position in shares of Kemper by 0.6% during the 4th 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 grew its position in shares of Kemper by 0.9% during the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock worth $1,242,000 after purchasing an additional 161 shares in the last quarter. Pacer Advisors Inc. grew its position in shares of Kemper by 2.2% during the 4th quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock worth $597,000 after purchasing an additional 190 shares in the last quarter. Pictet Asset Management Holding SA grew its position 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 purchasing an additional 206 shares in the last quarter. Finally, American Century Companies Inc. boosted its position 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 acquiring an additional 334 shares in the last quarter. 86.23% of the stock is owned by institutional investors.

Kemper Trading Up 0.2%

Shares of KMPR traded up $0.12 during trading hours on Monday, hitting $63.85. 113,259 shares of the stock were exchanged, compared to its average volume of 379,707. Kemper Co. has a fifty-two week low of $53.57 and a fifty-two week high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The business has a 50-day moving average of $61.40 and a 200-day moving average of $65.10. The firm has a market capitalization of $4.09 billion, a P/E ratio of 13.00 and a beta of 1.26.

Kemper (NYSE:KMPR - Get Free Report) last posted 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. The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. Kemper's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 earnings per share. On average, research analysts expect that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price target 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 analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Kemper presently has an average rating of "Buy" and a consensus price target of $79.40.

About Kemper

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.