Northern Trust Corp Has $36.84 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Northern Trust Corp boosted its stake in Kemper Co. (NYSE:KMPR - Free Report) by 11.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 554,437 shares of the insurance provider's stock after acquiring an additional 55,994 shares during the quarter. Northern Trust Corp owned 0.87% of Kemper worth $36,837,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Boston Partners boosted its holdings in Kemper by 108.2% during the fourth 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. Raymond James Financial Inc. acquired a new position in shares of Kemper during the 4th quarter worth about $23,325,000. Prudential Financial Inc. grew its holdings in shares of Kemper by 3,378.5% in the 4th quarter. Prudential Financial Inc. now owns 220,712 shares of the insurance provider's stock valued at $15,724,000 after acquiring an additional 214,367 shares in the last quarter. Norges Bank acquired a new stake in shares of Kemper in the fourth quarter valued at about $14,016,000. Finally, Ceredex Value Advisors LLC increased its position in shares of Kemper by 34,966.7% in the fourth quarter. Ceredex Value Advisors LLC now owns 157,800 shares of the insurance provider's stock valued at $10,484,000 after acquiring an additional 157,350 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Stock Performance

Shares of NYSE KMPR traded down $0.46 during midday trading on Tuesday, hitting $65.06. 691,835 shares of the company's stock were exchanged, compared to its average volume of 370,014. 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 firm has a market capitalization of $4.16 billion, a PE ratio of 13.25 and a beta of 1.26. Kemper Co. has a 12 month low of $53.57 and a 12 month high of $73.01. The company's 50 day moving average price is $62.30 and its 200 day moving average price is $65.33.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The company's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.07 earnings per share. As a group, analysts predict that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.28 annualized dividend and a yield of 1.97%. Kemper's dividend payout ratio is currently 23.93%.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their price target on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Kemper has a consensus rating of "Buy" and a consensus price target of $79.40.

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.