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

Kemper logo with Finance background

Vaughan Nelson Investment Management L.P. lifted its position in shares of Kemper Corporation (NYSE:KMPR - Free Report) by 83.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 730,175 shares of the insurance provider's stock after purchasing an additional 331,770 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 1.14% of Kemper worth $48,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of KMPR. Treasurer of the State of North Carolina lifted its position in Kemper by 0.6% in 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 purchasing an additional 160 shares during the period. Arizona State Retirement System raised its stake in shares of Kemper by 0.9% in the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock valued at $1,242,000 after buying an additional 161 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings 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 acquiring an additional 206 shares during the period. UMB Bank n.a. boosted 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 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 valued at $900,000 after acquiring an additional 334 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Kemper Price Performance

Shares of Kemper stock traded up $0.27 during mid-day trading on Wednesday, reaching $63.11. 293,938 shares of the stock were exchanged, compared to its average volume of 392,521. Kemper Corporation has a fifty-two week low of $53.57 and a fifty-two week high of $73.01. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 11.79 and a beta of 1.30. The firm has a 50-day simple moving average of $61.47 and a 200 day simple moving average of $64.48. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.32.

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 analyst estimates of $1.21 billion. Kemper had a net margin of 7.38% and a return on equity of 15.02%. The company's revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $1.07 earnings per share. On average, sell-side analysts predict that Kemper Corporation will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were given a $0.32 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 annualized dividend and a yield of 2.03%. Kemper's payout ratio is 23.93%.

Insiders Place Their Bets

In other news, Director Alberto J. Paracchini acquired 500 shares of the firm's stock in a transaction on Tuesday, June 10th. The shares were purchased at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the transaction, the director now owns 10,323 shares of the company's stock, valued at approximately $637,032.33. This represents a 5.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Laderman purchased 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average price of $62.24 per share, for a total transaction of $155,600.00. Following the acquisition, the director now owns 21,635 shares of the company's stock, valued at $1,346,562.40. The trade was a 13.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Kemper from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 6th. Piper Sandler dropped their target price on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $79.40.

View Our Latest Stock Analysis on KMPR

Kemper Profile

(Free Report)

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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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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