673 Shares in Kemper Corporation (NYSE:KMPR) Purchased by Bayforest Capital Ltd

Bayforest Capital Ltd bought a new position in Kemper Corporation (NYSE:KMPR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 673 shares of the insurance provider’s stock, valued at approximately $44,000.

Several other large investors also recently modified their holdings of the business. Treasurer of the State of North Carolina grew its stake in shares of Kemper by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 26,630 shares of the insurance provider’s stock worth $1,769,000 after purchasing an additional 160 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in shares of Kemper by 2.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider’s stock worth $547,000 after purchasing an additional 206 shares during the last quarter. Federated Hermes Inc. raised its stake in Kemper by 4.8% in the first quarter. Federated Hermes Inc. now owns 5,688 shares of the insurance provider’s stock worth $380,000 after buying an additional 263 shares in the last quarter. UMB Bank n.a. raised its stake in Kemper by 104.4% in the first quarter. UMB Bank n.a. now owns 650 shares of the insurance provider’s stock worth $43,000 after buying an additional 332 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Kemper by 2.5% in the fourth quarter. American Century Companies Inc. now owns 13,551 shares of the insurance provider’s stock worth $900,000 after buying an additional 334 shares in the last quarter. 86.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on KMPR shares. Wall Street Zen downgraded shares of Kemper from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 6th. Piper Sandler decreased their target price 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 analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $79.40.

Insider Transactions at Kemper

In other Kemper news, Director Alberto J. Paracchini acquired 500 shares of the company’s stock in a transaction dated Tuesday, June 10th. The stock was purchased at an average price of $61.71 per share, with a total value of $30,855.00. Following the completion of the purchase, the director directly owned 10,323 shares in the company, valued at approximately $637,032.33. The trade was a 5.09% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gerald Laderman acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, June 10th. The stock was acquired at an average cost of $62.24 per share, with a total value of $155,600.00. Following the purchase, the director owned 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. Corporate insiders own 0.76% of the company’s stock.

Kemper Price Performance

KMPR opened at $60.00 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.22. The stock has a market capitalization of $3.84 billion, a P/E ratio of 11.21 and a beta of 1.27. The company’s 50-day simple moving average is $62.64 and its two-hundred day simple moving average is $63.51. Kemper Corporation has a 52-week low of $53.57 and a 52-week high of $73.01.

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. Kemper had a return on equity of 15.02% and a net margin of 7.38%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the company posted $1.07 EPS. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, 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 paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.1%. Kemper’s dividend payout ratio is 23.93%.

About Kemper

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.