Kemper Co. (NYSE:KMPR) Stake Lifted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC increased its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,303 shares of the insurance provider's stock after acquiring an additional 15,157 shares during the quarter. Aptus Capital Advisors LLC owned approximately 0.13% of Kemper worth $5,335,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of KMPR. Bank of New York Mellon Corp grew its stake in Kemper by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider's stock worth $36,080,000 after purchasing an additional 28,807 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Kemper by 44.6% in the 4th quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock valued at $197,000 after acquiring an additional 993 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Kemper by 102.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 201,756 shares of the insurance provider's stock valued at $12,358,000 after acquiring an additional 102,339 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its stake in Kemper by 27.2% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 5,717 shares of the insurance provider's stock worth $380,000 after purchasing an additional 1,221 shares during the last quarter. Finally, Sterling Capital Management LLC boosted its holdings in Kemper by 52.0% in the fourth quarter. Sterling Capital Management LLC now owns 3,640 shares of the insurance provider's stock worth $242,000 after purchasing an additional 1,246 shares during the period. Institutional investors and hedge funds own 86.23% of the company's stock.

Kemper Stock Performance

NYSE KMPR traded up $1.68 during trading hours on Friday, hitting $64.16. The company had a trading volume of 545,417 shares, compared to its average volume of 367,209. Kemper Co. has a fifty-two week low of $53.57 and a fifty-two week high of $73.01. The firm has a market cap of $4.11 billion, a P/E ratio of 13.07 and a beta of 1.26. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $62.32 and a 200-day simple moving average of $65.30.

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 for the quarter, beating the consensus estimate of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm posted $1.07 EPS. Kemper's quarterly revenue was up 4.4% compared to the same quarter last year. Equities analysts predict that Kemper Co. will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Monday, May 19th. Kemper's dividend payout ratio (DPR) is 26.07%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their target price on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $79.40.

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.