12,680 Shares in Kemper Co. (NYSE:KMPR) Bought by Vest Financial LLC

Vest Financial LLC purchased a new stake in Kemper Co. (NYSE:KMPR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,680 shares of the insurance provider's stock, valued at approximately $848,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KMPR. Treasurer of the State of North Carolina increased its holdings in shares of 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 valued at $1,769,000 after purchasing an additional 160 shares during the period. Arizona State Retirement System grew its position in 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 during the last quarter. Pictet Asset Management Holding SA increased its stake in Kemper by 2.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock valued at $547,000 after buying an additional 206 shares during the period. American Century Companies Inc. raised its position in 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 buying an additional 334 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after buying an additional 352 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Price Performance

Shares of NYSE KMPR traded up $0.64 during midday trading on Thursday, hitting $63.78. The company had a trading volume of 456,112 shares, compared to its average volume of 388,149. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 12.99 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 business has a 50-day simple moving average of $60.99 and a two-hundred day simple moving average of $64.75. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.17. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Kemper's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. Equities research analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a yield of 2.01%. Kemper's payout ratio is 23.93%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on KMPR shares. Wall Street Zen lowered shares of Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 6th. Piper Sandler cut their target price 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 equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Kemper has a consensus rating of "Buy" and an average price target of $79.40.

Insider Buying and Selling at Kemper

In related news, Director Alberto J. Paracchini acquired 500 shares of Kemper stock in a transaction dated Tuesday, June 10th. The shares were acquired at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the completion of the transaction, the director now directly owns 10,323 shares of the company's stock, valued at $637,032.33. The trade was a 5.09% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Gerald Laderman bought 2,500 shares of Kemper stock in a transaction 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 completion of the acquisition, the director now owns 21,635 shares in the company, valued at $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 currently owned by insiders.

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.