Kemper (NYSE:KMPR) Trading Up 5.6%

Kemper Co. (NYSE:KMPR - Get Free Report) was up 5.6% during trading on Wednesday . The stock traded as high as $61.73 and last traded at $61.72. Approximately 480,903 shares traded hands during trading, an increase of 10% from the average daily volume of 436,784 shares. The stock had previously closed at $58.46.

Wall Street Analyst Weigh In

KMPR has been the topic of a number of analyst reports. Raymond James raised their price objective on shares of Kemper from $60.00 to $70.00 and gave the company a "strong-buy" rating in a report on Friday, January 26th. TD Cowen began coverage on Kemper in a report on Wednesday, January 10th. They issued an "outperform" rating and a $70.00 price objective on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $75.00 price target on shares of Kemper in a report on Monday, April 15th. Piper Sandler upped their price objective on shares of Kemper from $66.00 to $72.00 and gave the company an "overweight" rating in a research note on Monday, April 1st. Finally, UBS Group boosted their target price on Kemper from $60.00 to $65.00 and gave the company a "buy" rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Kemper has an average rating of "Buy" and an average target price of $70.40.

Kemper Trading Up 3.3 %

The stock has a market capitalization of $3.89 billion, a PE ratio of -14.21 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.20 and a current ratio of 0.20. The business's 50-day moving average is $58.49 and its two-hundred day moving average is $51.71.

Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.21 billion. As a group, equities research analysts anticipate that Kemper Co. will post 4.17 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Friday, February 16th. Kemper's dividend payout ratio (DPR) is -29.18%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Kemper by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider's stock valued at $301,935,000 after purchasing an additional 28,095 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Kemper by 24.8% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider's stock worth $180,140,000 after purchasing an additional 852,100 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Kemper by 3.8% during the third quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider's stock worth $173,408,000 after purchasing an additional 150,584 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Kemper by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider's stock valued at $118,827,000 after purchasing an additional 83,618 shares during the period. Finally, Schroder Investment Management Group increased its stake in Kemper by 9.6% in the fourth quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider's stock valued at $88,605,000 after purchasing an additional 158,830 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.