Trexquant Investment LP Invests $1.14 Million in Kemper Co. (NYSE:KMPR)

Trexquant Investment LP acquired a new stake in shares of Kemper Co. (NYSE:KMPRFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,318 shares of the insurance provider’s stock, valued at approximately $1,135,000.

Several other hedge funds have also recently made changes to their positions in KMPR. 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 during the period. SG Americas Securities LLC acquired a new position in Kemper during the fourth quarter valued at $119,000. BKM Wealth Management LLC purchased a new stake in Kemper in the fourth quarter valued at $148,000. Quadrature Capital Ltd acquired a new stake in Kemper during the 3rd quarter worth about $217,000. Finally, Inceptionr LLC purchased a new position in shares of Kemper during the 4th quarter valued at about $235,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Piper Sandler upped their target price on Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. UBS Group raised their price objective on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a research note on Monday, April 15th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $70.40.

Check Out Our Latest Stock Analysis on Kemper

Insider Activity

In other news, Director Gerald Laderman acquired 5,000 shares of Kemper stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average cost of $61.01 per share, with a total value of $305,050.00. Following the purchase, the director now owns 16,700 shares in the company, valued at $1,018,867. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.20% of the company’s stock.

Kemper Price Performance

Shares of KMPR opened at $57.36 on Thursday. Kemper Co. has a 12 month low of $38.32 and a 12 month high of $64.69. The stock’s 50 day moving average is $59.07 and its two-hundred day moving average is $54.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.21 and a quick ratio of 0.21.

Kemper (NYSE:KMPRGet Free Report) last announced 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). Kemper had a negative net margin of 2.52% and a positive return on equity of 3.03%. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned ($1.02) EPS. The firm’s revenue for the quarter was down 11.7% compared to the same quarter last year. As a group, sell-side analysts expect that Kemper Co. will post 4.48 EPS for the current fiscal year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 28th. Shareholders of record on Monday, May 13th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.16%. Kemper’s payout ratio is currently -65.26%.

Kemper Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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