No Street GP LP increased its stake in Kemper Co. (NYSE:KMPR - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,100,000 shares of the insurance provider's stock after purchasing an additional 55,000 shares during the period. Kemper accounts for 4.8% of No Street GP LP's portfolio, making the stock its 7th largest position. No Street GP LP owned approximately 1.72% of Kemper worth $73,084,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of Kemper by 32.2% during the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock valued at $48,000 after purchasing an additional 174 shares during the period. Pallas Capital Advisors LLC increased its position in shares of Kemper by 20.3% during the 4th quarter. Pallas Capital Advisors LLC now owns 5,426 shares of the insurance provider's stock valued at $361,000 after purchasing an additional 914 shares during the period. Merit Financial Group LLC acquired a new position in shares of Kemper during the 4th quarter valued at $212,000. SG Americas Securities LLC increased its position in shares of Kemper by 172.7% during the 4th quarter. SG Americas Securities LLC now owns 6,209 shares of the insurance provider's stock valued at $413,000 after purchasing an additional 3,932 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Kemper by 44.6% during the 4th quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider's stock valued at $197,000 after purchasing an additional 993 shares during the period. Institutional investors own 86.23% of the company's stock.
Kemper Price Performance
Shares of NYSE KMPR traded down $0.02 during mid-day trading on Friday, reaching $64.70. The company had a trading volume of 422,571 shares, compared to its average volume of 371,977. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The stock has a market cap of $4.14 billion, a PE ratio of 13.18 and a beta of 1.26. The company has a 50-day moving average price of $62.22 and a two-hundred day moving average price of $65.33. Kemper Co. has a 1-year low of $53.57 and a 1-year high of $73.01.
Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, beating analysts' consensus estimates of $1.48 by $0.17. Kemper had a return on equity of 14.11% and a net margin of 6.85%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. Kemper's revenue for the quarter was up 4.4% compared to the same quarter last year. On average, equities analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current year.
Kemper Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be issued a dividend of $0.32 per share. The ex-dividend date is Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.98%. Kemper's dividend payout ratio is 23.93%.
Analyst Ratings Changes
Separately, Piper Sandler decreased their target price on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $79.40.
Check Out Our Latest Stock Analysis on KMPR
About Kemper
(
Free Report)
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.
See Also
Before you consider Kemper, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kemper wasn't on the list.
While Kemper currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
