Aquatic Capital Management LLC Lowers Position in Kemper Co. (NYSE:KMPR)

Aquatic Capital Management LLC trimmed its stake in Kemper Co. (NYSE:KMPR - Free Report) by 53.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,281 shares of the insurance provider's stock after selling 8,333 shares during the quarter. Aquatic Capital Management LLC's holdings in Kemper were worth $484,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in shares of Kemper during the fourth quarter valued at about $234,000. Khrom Capital Management LLC boosted its stake in Kemper by 0.5% during the 4th quarter. Khrom Capital Management LLC now owns 440,541 shares of the insurance provider's stock valued at $29,270,000 after purchasing an additional 2,077 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Kemper by 212.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,752 shares of the insurance provider's stock worth $714,000 after purchasing an additional 7,310 shares in the last quarter. Mirabella Financial Services LLP raised its stake in shares of Kemper by 53.1% in the fourth quarter. Mirabella Financial Services LLP now owns 93,776 shares of the insurance provider's stock worth $6,230,000 after purchasing an additional 32,523 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in shares of Kemper by 8.4% in the fourth quarter. MetLife Investment Management LLC now owns 33,943 shares of the insurance provider's stock valued at $2,255,000 after purchasing an additional 2,643 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Stock Performance

Shares of KMPR stock traded down $0.31 on Monday, hitting $61.12. 439,234 shares of the stock were exchanged, compared to its average volume of 364,349. The firm's 50 day moving average is $62.69 and its two-hundred day moving average is $65.33. Kemper Co. has a one year low of $53.57 and a one year high of $73.01. The firm has a market capitalization of $3.91 billion, a PE ratio of 12.45 and a beta of 1.05. 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 (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, topping 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%. Sell-side analysts expect that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This is a boost from Kemper's previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 2.09%. Kemper's payout ratio is 26.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Piper Sandler increased their target price on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $81.60.

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.