Janus Henderson Group PLC Has $17.03 Million Stake in Kemper Co. (NYSE:KMPR)

Janus Henderson Group PLC lessened its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 25.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 256,296 shares of the insurance provider's stock after selling 87,923 shares during the period. Janus Henderson Group PLC owned 0.40% of Kemper worth $17,027,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in KMPR. EverSource Wealth Advisors LLC increased its holdings in shares of Kemper by 141.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after acquiring an additional 352 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in Kemper in the 4th quarter valued at $63,000. KBC Group NV boosted its stake in Kemper by 25.8% in the 4th quarter. KBC Group NV now owns 2,579 shares of the insurance provider's stock worth $171,000 after purchasing an additional 529 shares during the period. BKM Wealth Management LLC acquired a new stake in shares of Kemper in the 4th quarter valued at about $202,000. Finally, Merit Financial Group LLC acquired a new stake in shares of Kemper in the 4th quarter valued at about $212,000. Institutional investors own 86.23% of the company's stock.

Kemper Stock Down 0.1%

NYSE:KMPR traded down $0.09 on Monday, hitting $64.60. 350,854 shares of the company's stock were exchanged, compared to its average volume of 372,588. The firm has a 50-day moving average price of $62.22 and a 200-day moving average price of $65.36. Kemper Co. has a 52 week low of $53.57 and a 52 week high of $73.01. 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 company has a market cap of $4.13 billion, a P/E ratio of 13.16 and a beta of 1.26.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.48 by $0.17. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a return on equity of 14.11% and a net margin of 6.85%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.07 earnings per share. As a group, analysts expect that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.28 annualized dividend and a dividend yield of 1.98%. Kemper's dividend payout ratio is presently 23.93%.

Analyst Ratings Changes

Separately, Piper Sandler decreased their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Five investment 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 stock presently has a consensus rating of "Buy" and a consensus price target of $79.40.

About Kemper

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.