9,049 Shares in Kemper Co. (NYSE:KMPR) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in Kemper Co. (NYSE:KMPR) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 9,049 shares of the insurance provider’s stock, valued at approximately $440,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in Kemper by 211.1% in the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 361 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Kemper by 78.9% in the fourth quarter. Pacer Advisors Inc. now owns 9,052 shares of the insurance provider’s stock worth $441,000 after acquiring an additional 3,991 shares in the last quarter. Raymond James & Associates boosted its holdings in Kemper by 9.4% in the fourth quarter. Raymond James & Associates now owns 57,463 shares of the insurance provider’s stock worth $2,797,000 after acquiring an additional 4,937 shares in the last quarter. SG Americas Securities LLC bought a new stake in Kemper in the fourth quarter worth $119,000. Finally, BKM Wealth Management LLC bought a new stake in Kemper in the fourth quarter worth $148,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Trading Down 2.8 %

Shares of NYSE:KMPR opened at $58.69 on Friday. The company has a market cap of $3.77 billion, a P/E ratio of -13.81 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. Kemper Co. has a 1 year low of $38.32 and a 1 year high of $64.69. The stock’s fifty day moving average price is $58.55 and its 200-day moving average price is $51.82.

Kemper (NYSE:KMPR) last posted its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Sell-side analysts expect that Kemper Co. will post 4.17 earnings per share for the current year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s dividend payout ratio is -29.18%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. UBS Group boosted their target price on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Raymond James upped their price target 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 reaffirmed a “market outperform” rating and set a $75.00 price target on shares of Kemper in a report on Monday, April 15th. Piper Sandler upped their price target on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. Finally, TD Cowen started coverage on Kemper in a report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price target on the stock. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $70.40.

Kemper Company 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.