Kemper Co. (NYSE:KMPR) Shares Bought by Blue Trust Inc.

Blue Trust Inc. lifted its position in shares of Kemper Co. (NYSE:KMPR) by 89.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,215 shares of the insurance provider’s stock after acquiring an additional 572 shares during the quarter. Blue Trust Inc.’s holdings in Kemper were worth $75,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of KMPR. Handelsbanken Fonder AB lifted its stake in Kemper by 20.5% in the 4th quarter. Handelsbanken Fonder AB now owns 10,573 shares of the insurance provider’s stock valued at $515,000 after buying an additional 1,800 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Kemper by 3.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock worth $118,827,000 after purchasing an additional 83,618 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Kemper by 5.7% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 260,290 shares of the insurance provider’s stock worth $12,668,000 after purchasing an additional 14,080 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Kemper by 872.8% during the 1st quarter. International Assets Investment Management LLC now owns 88,025 shares of the insurance provider’s stock worth $5,451,000 after purchasing an additional 78,976 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Kemper during the 4th quarter worth $873,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Stock Down 0.3 %

Shares of NYSE KMPR opened at $61.68 on Thursday. Kemper Co. has a 12-month low of $38.32 and a 12-month high of $65.93. The company has a market cap of $3.97 billion, a P/E ratio of -32.46 and a beta of 0.89. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average price of $60.83 and a 200 day moving average price of $59.47.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.23. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.02 billion. Kemper had a return on equity of 7.27% and a net margin of 1.11%. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.26) EPS. Research analysts anticipate that Kemper Co. will post 5.17 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, August 19th. This represents a $1.24 annualized dividend and a dividend yield of 2.01%. Kemper’s payout ratio is -65.26%.

Analyst Ratings Changes

A number of research analysts have weighed in on KMPR shares. StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a research note on Thursday. UBS Group upped their price objective on Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. Raymond James upped their price objective on Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 8th. Piper Sandler upped their price objective on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Finally, JMP Securities upped their price objective on Kemper from $80.00 to $85.00 and gave the stock a “market outperform” rating in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $76.20.

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.