Vaughan Nelson Investment Management L.P. Has $48.81 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Vaughan Nelson Investment Management L.P. lifted its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 83.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 730,175 shares of the insurance provider's stock after purchasing an additional 331,770 shares during the period. Vaughan Nelson Investment Management L.P. owned 1.14% of Kemper worth $48,813,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Treasurer of the State of North Carolina raised its position in Kemper by 0.6% during 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 acquiring an additional 160 shares in the last quarter. Arizona State Retirement System grew its stake in shares of 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 in the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Kemper by 2.6% during the fourth 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 during the period. UMB Bank n.a. lifted its position in shares of Kemper by 104.4% during the 1st quarter. UMB Bank n.a. now owns 650 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 332 shares during the period. Finally, American Century Companies Inc. grew its stake in Kemper by 2.5% during the fourth 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 in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen cut Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 6th. Piper Sandler reduced 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 data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $79.40.

Insider Buying and Selling

In other Kemper news, Director Alberto J. Paracchini bought 500 shares of the stock in a transaction on Tuesday, June 10th. The stock was acquired at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the completion of the acquisition, the director now owns 10,323 shares in the company, valued at $637,032.33. This trade represents a 5.09% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gerald Laderman purchased 2,500 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were acquired at an average price of $62.24 per share, for a total transaction of $155,600.00. Following the completion of the acquisition, the director now directly owns 21,635 shares in the company, valued at approximately $1,346,562.40. This represents a 13.07% increase in their position. The disclosure for this purchase can be found here. 6.20% of the stock is owned by insiders.

Kemper Price Performance

Shares of NYSE KMPR traded up $0.86 during mid-day trading on Monday, hitting $63.94. 72,705 shares of the stock traded hands, compared to its average volume of 389,753. The company has a market cap of $4.09 billion, a PE ratio of 13.02 and a beta of 1.30. Kemper Co. has a twelve month low of $53.57 and a twelve month 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 firm has a 50 day simple moving average of $61.27 and a two-hundred day simple moving average of $64.55.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.17. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The company's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 earnings per share. As a group, equities research analysts forecast that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.00%. Kemper's dividend payout ratio (DPR) is 23.93%.

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.