Kemper Co. (NYSE:KMPR) Given Average Rating of "Buy" by Analysts

Kemper Co. (NYSE:KMPR - Get Free Report) has earned an average rating of "Buy" from the five research firms that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $81.60.

Several research firms recently weighed in on KMPR. Piper Sandler raised their target price on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th.

Hedge Funds Weigh In On Kemper

A number of large investors have recently made changes to their positions in the company. CX Institutional purchased a new position in shares of Kemper during the first quarter valued at approximately $38,000. EverSource Wealth Advisors LLC boosted its position in shares of Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the period. UMB Bank n.a. boosted its position in shares of Kemper by 104.4% during the first quarter. UMB Bank n.a. now owns 650 shares of the insurance provider's stock valued at $43,000 after buying an additional 332 shares during the period. CENTRAL TRUST Co purchased a new position in shares of Kemper during the first quarter valued at approximately $44,000. Finally, Clean Yield Group purchased a new position in shares of Kemper during the fourth quarter valued at approximately $45,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Stock Performance

Shares of NYSE KMPR opened at $59.00 on Tuesday. The firm has a fifty day moving average price of $63.19 and a 200-day moving average price of $65.42. 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 stock has a market cap of $3.78 billion, a PE ratio of 12.02 and a beta of 1.05. Kemper has a 1 year low of $53.57 and a 1 year high of $73.01.

Kemper (NYSE:KMPR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. Equities analysts anticipate that Kemper will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a $0.32 dividend. This is a boost from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date was Tuesday, February 18th. Kemper's dividend payout ratio (DPR) is presently 26.07%.

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.

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