Kemper Co. (NYSE:KMPR) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in Kemper Co. (NYSE:KMPR - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,441,496 shares of the insurance provider's stock after purchasing an additional 83,618 shares during the quarter. Dimensional Fund Advisors LP owned about 3.81% of Kemper worth $118,827,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Blue Trust Inc. lifted its stake in Kemper by 211.1% during the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider's stock valued at $26,000 after acquiring an additional 361 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Kemper during the 4th quarter worth $119,000. BKM Wealth Management LLC bought a new stake in shares of Kemper during the 4th quarter worth $148,000. Quadrature Capital Ltd bought a new stake in shares of Kemper during the 3rd quarter worth $217,000. Finally, Connable Office Inc. raised its stake in shares of Kemper by 25.2% during the 3rd quarter. Connable Office Inc. now owns 6,193 shares of the insurance provider's stock worth $260,000 after purchasing an additional 1,247 shares during the period. Institutional investors and hedge funds own 86.23% of the company's stock.

Insider Activity at Kemper

In related news, Director Gerald Laderman acquired 5,000 shares of the stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of $61.01 per share, for a total transaction of $305,050.00. Following the completion of the transaction, the director now directly owns 16,700 shares in the company, valued at $1,018,867. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KMPR shares. Raymond James lifted their target price on Kemper from $60.00 to $70.00 and gave the company a "strong-buy" rating in a report on Friday, January 26th. JMP Securities reiterated a "market outperform" rating and set a $75.00 price target on shares of Kemper in a research report on Monday, April 15th. Piper Sandler boosted their price objective on shares of Kemper from $66.00 to $72.00 and gave the stock an "overweight" rating in a report on Monday, April 1st. Finally, UBS Group lifted their target price on shares of Kemper from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Monday, February 5th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $70.40.

Kemper Stock Down 2.2 %

KMPR traded down $1.36 during midday trading on Monday, reaching $59.49. The company's stock had a trading volume of 313,317 shares, compared to its average volume of 435,569. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of -31.31 and a beta of 0.89. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.54. Kemper Co. has a 1 year low of $38.32 and a 1 year high of $64.69. The stock's 50-day moving average is $59.05 and its 200-day moving average is $54.03.

Kemper (NYSE:KMPR - Get Free Report) last issued its earnings results on Wednesday, May 1st. The insurance provider reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.02). The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.01 billion. Kemper had a positive return on equity of 3.03% and a negative net margin of 2.52%. The company's quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.02) EPS. As a group, research analysts expect that Kemper Co. will post 4.5 EPS for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Monday, May 13th will be given a dividend of $0.31 per share. The ex-dividend date is Friday, May 10th. This represents a $1.24 dividend on an annualized basis and a yield of 2.08%. Kemper's dividend payout ratio (DPR) is -65.26%.

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.