Xponance Inc. Buys 278 Shares of Kemper Co. (NYSE:KMPR)

Xponance Inc. grew its stake in Kemper Co. (NYSE:KMPRGet Rating) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,519 shares of the insurance provider’s stock after acquiring an additional 278 shares during the quarter. Xponance Inc.’s holdings in Kemper were worth $310,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of KMPR. State of Alaska Department of Revenue increased its stake in Kemper by 2.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 8,866 shares of the insurance provider’s stock worth $365,000 after purchasing an additional 250 shares in the last quarter. Connable Office Inc. increased its stake in Kemper by 4.9% during the 2nd quarter. Connable Office Inc. now owns 5,759 shares of the insurance provider’s stock worth $276,000 after purchasing an additional 269 shares in the last quarter. Ronald Blue Trust Inc. increased its stake in Kemper by 36.4% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,065 shares of the insurance provider’s stock worth $51,000 after purchasing an additional 284 shares in the last quarter. Inspire Investing LLC increased its stake in Kemper by 7.1% during the 2nd quarter. Inspire Investing LLC now owns 4,438 shares of the insurance provider’s stock worth $213,000 after purchasing an additional 294 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Kemper by 20.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,377 shares of the insurance provider’s stock worth $134,000 after purchasing an additional 410 shares in the last quarter. 81.20% of the stock is owned by institutional investors.

Insider Activity at Kemper

In related news, Director Robert Joseph Joyce sold 4,000 shares of the stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $55.76, for a total value of $223,040.00. Following the completion of the transaction, the director now owns 19,898 shares of the company’s stock, valued at approximately $1,109,512.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.71% of the stock is owned by insiders.

Kemper Price Performance

Shares of KMPR opened at $55.76 on Wednesday. The stock has a market capitalization of $3.56 billion, a P/E ratio of -10.12 and a beta of 0.87. Kemper Co. has a twelve month low of $40.65 and a twelve month high of $64.36. The company has a 50 day moving average of $53.10 and a 200-day moving average of $48.73. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.57.

Kemper (NYSE:KMPRGet Rating) last issued its quarterly earnings results on Wednesday, November 2nd. The insurance provider reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($0.05). The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. Kemper had a negative return on equity of 8.23% and a negative net margin of 6.17%. As a group, equities research analysts forecast that Kemper Co. will post -2.13 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Tuesday, November 15th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Monday, November 14th. Kemper’s payout ratio is -22.50%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James raised Kemper from a “market perform” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Friday, November 4th. StockNews.com assumed coverage on shares of Kemper in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Piper Sandler raised their price target on shares of Kemper from $48.00 to $50.00 in a research note on Tuesday.

Kemper Company Profile

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Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.

Further Reading

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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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