Kemper Co. (NYSE:KMPR) Stock Holdings Lowered by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its holdings in shares of Kemper Co. (NYSE:KMPR - Free Report) by 32.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 365,297 shares of the insurance provider's stock after selling 175,404 shares during the quarter. Russell Investments Group Ltd. owned 0.57% of Kemper worth $17,779,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. boosted its position in Kemper by 24.8% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider's stock valued at $180,140,000 after purchasing an additional 852,100 shares in the last quarter. Wellington Management Group LLP boosted its stake in Kemper by 3.8% in the third quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider's stock valued at $173,408,000 after acquiring an additional 150,584 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Kemper by 3.4% in the third quarter. Victory Capital Management Inc. now owns 971,132 shares of the insurance provider's stock worth $40,817,000 after purchasing an additional 31,480 shares during the last quarter. Chartwell Investment Partners LLC boosted its position in shares of Kemper by 53.7% in the 3rd quarter. Chartwell Investment Partners LLC now owns 302,179 shares of the insurance provider's stock worth $12,700,000 after purchasing an additional 105,624 shares in the last quarter. Finally, Mesirow Institutional Investment Management Inc. boosted its holdings in Kemper by 8.3% in the third quarter. Mesirow Institutional Investment Management Inc. now owns 299,151 shares of the insurance provider's stock worth $12,573,000 after acquiring an additional 22,990 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Price Performance

NYSE KMPR traded up $0.59 on Friday, hitting $58.98. The company had a trading volume of 437,430 shares, compared to its average volume of 450,947. 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 company has a market capitalization of $3.79 billion, a PE ratio of -30.91 and a beta of 0.89. Kemper Co. has a 12-month low of $38.32 and a 12-month high of $64.69. The company's fifty day moving average price is $58.47 and its 200-day moving average price is $52.37.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The insurance provider reported $1.07 earnings per share for the quarter, missing analysts' consensus estimates of $1.09 by ($0.02). Kemper had a negative net margin of 2.52% and a positive return on equity of 3.07%. The company had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.01 billion. During the same period in the prior year, the business posted ($1.02) earnings per share. The company's quarterly revenue was down 11.7% compared to the same quarter last year. As a group, analysts predict that Kemper Co. will post 4.5 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Monday, May 13th will be issued a $0.31 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.24 dividend on an annualized basis and a yield of 2.10%. Kemper's payout ratio is currently -65.26%.

Analyst Upgrades and Downgrades

KMPR has been the subject of a number of research analyst reports. Piper Sandler lifted their price objective 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. Raymond James lifted their target price on Kemper from $60.00 to $70.00 and gave the stock a "strong-buy" rating in a report on Friday, January 26th. JMP Securities reissued a "market outperform" rating and set a $75.00 price target on shares of Kemper in a research report on Monday, April 15th. UBS Group increased their price objective 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. Finally, TD Cowen began coverage on shares of Kemper in a report on Wednesday, January 10th. They issued an "outperform" rating and a $70.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $70.40.

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.