Nisa Investment Advisors LLC Has $2.49 Million Stake in Kemper Co. (NYSE:KMPR)

Nisa Investment Advisors LLC increased its stake in shares of Kemper Co. (NYSE:KMPR) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,145 shares of the insurance provider’s stock after acquiring an additional 297 shares during the period. Nisa Investment Advisors LLC owned about 0.08% of Kemper worth $2,489,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Blue Trust Inc. grew its position in Kemper by 211.1% in the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 361 shares in the last quarter. Gyon Technologies Capital Management LP bought a new position in Kemper in the fourth quarter valued at $29,000. Householder Group Estate & Retirement Specialist LLC bought a new position in Kemper in the third quarter valued at $31,000. Exchange Traded Concepts LLC bought a new position in Kemper in the third quarter valued at $32,000. Finally, PNC Financial Services Group Inc. grew its position in Kemper by 10.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,262 shares of the insurance provider’s stock valued at $111,000 after purchasing an additional 211 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Stock Performance

Shares of KMPR stock opened at $56.01 on Friday. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.55. The company has a 50-day simple moving average of $58.55 and a 200 day simple moving average of $50.88. Kemper Co. has a 52 week low of $38.32 and a 52 week high of $64.69.

Kemper (NYSE:KMPR) last announced its earnings results on Thursday, February 1st. The insurance provider reported $0.78 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion. As a group, equities analysts forecast that Kemper Co. will post 4.17 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.21%. The ex-dividend date was Friday, February 16th. Kemper’s dividend payout ratio (DPR) is -29.18%.

Wall Street Analysts Forecast Growth

KMPR has been the subject of a number of analyst reports. UBS Group raised their target price on shares of Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Raymond James lifted their price objective on shares of Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. TD Cowen began coverage on shares of Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price objective for the company. Finally, Piper Sandler lifted their price objective on shares of Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $70.40.

Kemper 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.