FJ Capital Management LLC Boosts Stake in Kemper Co. (NYSE:KMPR)

FJ Capital Management LLC boosted its stake in Kemper Co. (NYSE:KMPR - Free Report) by 20.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,136 shares of the insurance provider's stock after acquiring an additional 6,965 shares during the period. FJ Capital Management LLC owned 0.06% of Kemper worth $2,733,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Deutsche Bank AG boosted its holdings in Kemper by 22.3% in the 4th quarter. Deutsche Bank AG now owns 4,194 shares of the insurance provider's stock valued at $279,000 after purchasing an additional 766 shares in the last quarter. Driehaus Capital Management LLC boosted its holdings in Kemper by 17.0% in the 4th quarter. Driehaus Capital Management LLC now owns 934,571 shares of the insurance provider's stock valued at $62,093,000 after purchasing an additional 135,499 shares in the last quarter. Eagle Global Advisors LLC boosted its holdings in Kemper by 287.4% in the 4th quarter. Eagle Global Advisors LLC now owns 159,060 shares of the insurance provider's stock valued at $10,568,000 after purchasing an additional 118,000 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Kemper by 14.6% in the 4th quarter. Cetera Investment Advisers now owns 4,939 shares of the insurance provider's stock valued at $328,000 after purchasing an additional 630 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in Kemper in the 4th quarter valued at approximately $344,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Wall Street Analyst Weigh In

Separately, Piper Sandler lowered their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $79.40.

Kemper Price Performance

Shares of NYSE:KMPR traded up $1.68 during trading on Friday, hitting $64.16. 545,417 shares of the stock were exchanged, compared to its average volume of 367,209. The company has a fifty day moving average price of $62.32 and a two-hundred day moving average price of $65.31. The company has a market cap of $4.11 billion, a PE ratio of 13.07 and a beta of 1.26. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 EPS for the quarter, topping the consensus estimate 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 return on equity of 14.11% and a net margin of 6.85%. The company's quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.07 EPS. On average, analysts forecast that Kemper Co. will post 6.03 EPS for the current year.

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Monday, May 19th. Kemper's dividend payout ratio (DPR) is 26.07%.

Kemper 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.