Dimensional Fund Advisors LP Has $157.55 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Dimensional Fund Advisors LP lowered its stake in shares of Kemper Co. (NYSE:KMPR - Free Report) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,371,402 shares of the insurance provider's stock after selling 7,760 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.70% of Kemper worth $157,554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Boston Partners raised its holdings in Kemper by 108.2% during the 4th quarter. Boston Partners now owns 1,105,859 shares of the insurance provider's stock worth $73,363,000 after purchasing an additional 574,730 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Kemper by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider's stock worth $36,080,000 after buying an additional 28,807 shares during the period. Victory Capital Management Inc. raised its stake in shares of Kemper by 7.1% during the fourth quarter. Victory Capital Management Inc. now owns 425,221 shares of the insurance provider's stock worth $28,252,000 after buying an additional 28,196 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Kemper by 10.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 371,144 shares of the insurance provider's stock valued at $24,659,000 after buying an additional 36,004 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Kemper in the fourth quarter valued at approximately $23,325,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Wall Street Analyst Weigh In

KMPR has been the subject of several recent research reports. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Piper Sandler increased their target price on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $81.60.

Kemper Trading Down 1.0 %

KMPR stock traded down $0.60 during midday trading on Wednesday, hitting $59.09. 502,746 shares of the company's stock were exchanged, compared to its average volume of 365,751. Kemper Co. has a one year low of $53.57 and a one year high of $73.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market cap of $3.78 billion, a PE ratio of 12.03 and a beta of 1.05. The stock's fifty day moving average price is $62.98 and its 200-day moving average price is $65.34.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Research analysts predict 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 issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Kemper's previous quarterly dividend of $0.31. Kemper's dividend payout ratio 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.