Yousif Capital Management LLC Sells 615 Shares of Kemper Corporation (NYSE:KMPR)

Yousif Capital Management LLC decreased its holdings in shares of Kemper Corporation (NYSE:KMPR) by 2.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,528 shares of the insurance provider’s stock after selling 615 shares during the period. Yousif Capital Management LLC’s holdings in Kemper were worth $1,372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after buying an additional 352 shares in the last quarter. UMB Bank n.a. increased its position in shares of Kemper by 104.4% during the first quarter. UMB Bank n.a. now owns 650 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 332 shares in the last quarter. True Wealth Design LLC increased its holdings in shares of Kemper by 197.5% in the 4th quarter. True Wealth Design LLC now owns 717 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 476 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in Kemper in the 4th quarter worth about $63,000. Finally, BKM Wealth Management LLC bought a new stake in Kemper in the 4th quarter worth about $202,000. Institutional investors own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on KMPR shares. Wall Street Zen lowered shares of Kemper from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 6th. Piper Sandler reduced their price target on shares of Kemper from $86.00 to $75.00 and set an “overweight” rating for the company in a research note on Thursday, May 8th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $79.40.

Insider Activity

In related news, Director Alberto J. Paracchini acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, June 10th. The stock was bought at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the purchase, the director now owns 10,323 shares in the company, valued at $637,032.33. The trade was a 5.09% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gerald Laderman purchased 2,500 shares of the company’s stock in a transaction on Tuesday, June 10th. The stock was purchased at an average price of $62.24 per share, with a total value of $155,600.00. Following the completion of the transaction, the director now owns 21,635 shares of the company’s stock, valued at approximately $1,346,562.40. This trade represents a 13.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.76% of the company’s stock.

Kemper Trading Down 1.2%

Kemper stock opened at $62.83 on Wednesday. The business has a 50-day simple moving average of $61.47 and a two-hundred day simple moving average of $64.48. The company has a market cap of $4.02 billion, a P/E ratio of 11.74 and a beta of 1.30. Kemper Corporation has a 52-week low of $53.57 and a 52-week high of $73.01. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.32.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.17. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a return on equity of 15.02% and a net margin of 7.38%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 EPS. Analysts predict that Kemper Corporation will post 6.03 EPS for the current year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Monday, May 19th. Kemper’s payout ratio is 23.93%.

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.