Ceredex Value Advisors LLC Sells 120,636 Shares of Kemper Co. (NYSE:KMPR)

Ceredex Value Advisors LLC lowered its position in shares of Kemper Co. (NYSE:KMPR - Free Report) by 30.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 279,064 shares of the insurance provider's stock after selling 120,636 shares during the quarter. Ceredex Value Advisors LLC owned 0.44% of Kemper worth $13,582,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. increased its holdings in 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 valued at $180,140,000 after acquiring an additional 852,100 shares in the last quarter. New South Capital Management Inc. increased its holdings in Kemper by 119.1% during the 2nd quarter. New South Capital Management Inc. now owns 776,318 shares of the insurance provider's stock valued at $37,465,000 after acquiring an additional 421,955 shares in the last quarter. Vanguard Group Inc. increased its holdings in Kemper by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 5,825,369 shares of the insurance provider's stock valued at $329,367,000 after acquiring an additional 297,632 shares in the last quarter. Norges Bank purchased a new position in Kemper during the 4th quarter valued at about $14,366,000. Finally, Goldman Sachs Group Inc. increased its holdings in Kemper by 168.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 359,333 shares of the insurance provider's stock valued at $17,212,000 after acquiring an additional 225,685 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

Kemper Trading Down 1.0 %

NYSE KMPR traded down $0.61 on Monday, hitting $57.55. 179,499 shares of the company were exchanged, compared to its average volume of 443,197. The company's 50 day moving average price is $58.80 and its 200-day moving average price is $50.56. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The firm has a market capitalization of $3.70 billion, a P/E ratio of -13.54 and a beta of 0.91. Kemper Co. has a twelve month low of $38.32 and a twelve month high of $64.69.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. Analysts predict that Kemper Co. will post 4.17 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.15%. Kemper's payout ratio is presently -29.18%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. UBS Group raised their price target on shares of Kemper from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Monday, February 5th. TD Cowen assumed coverage on shares of Kemper in a research note on Wednesday, January 10th. They set an "outperform" rating and a $70.00 price target on the stock. Raymond James raised their price target on shares of Kemper from $60.00 to $70.00 and gave the stock a "strong-buy" rating in a research note on Friday, January 26th. Finally, Piper Sandler raised their price target on shares of Kemper from $66.00 to $72.00 and gave the stock an "overweight" rating in a research note on Monday, April 1st. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Kemper has a consensus rating of "Buy" and an average target price of $71.67.

Kemper Company 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.