2,450 Shares in Kemper Co. (NYSE:KMPR) Acquired by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in shares of Kemper Co. (NYSE:KMPR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,450 shares of the insurance provider’s stock, valued at approximately $119,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of Kemper by 10.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,262 shares of the insurance provider’s stock worth $111,000 after buying an additional 211 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Kemper by 2.1% during the third quarter. American Century Companies Inc. now owns 12,059 shares of the insurance provider’s stock worth $507,000 after buying an additional 251 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Kemper by 1.4% during the third quarter. Arizona State Retirement System now owns 18,220 shares of the insurance provider’s stock worth $766,000 after buying an additional 254 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Kemper by 0.3% during the fourth quarter. JPMorgan Chase & Co. now owns 92,534 shares of the insurance provider’s stock worth $4,553,000 after buying an additional 267 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Kemper by 5.3% during the third quarter. HighTower Advisors LLC now owns 9,583 shares of the insurance provider’s stock worth $401,000 after buying an additional 479 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

Kemper Stock Up 1.0 %

Kemper stock opened at $57.01 on Friday. The stock has a market capitalization of $3.67 billion, a PE ratio of -13.41 and a beta of 0.91. Kemper Co. has a twelve month low of $38.32 and a twelve month high of $64.69. 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 moving average of $58.46 and a 200-day moving average of $51.21.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. On average, equities research analysts anticipate that Kemper Co. will post 4.17 EPS for the current fiscal year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s dividend payout ratio (DPR) is presently -29.18%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KMPR shares. Raymond James boosted their price objective on shares of Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. UBS Group boosted their price objective on shares of Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a report on Monday, February 5th. Piper Sandler boosted their price objective on shares of Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. TD Cowen started coverage on shares of Kemper in a report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price objective for the company. Finally, JMP Securities restated a “market outperform” rating and set a $75.00 price objective on shares of Kemper in a report on Monday. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Kemper currently has an average 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.