Campbell & CO Investment Adviser LLC Sells 46,654 Shares of Kemper Corporation $KMPR

Campbell & CO Investment Adviser LLC cut its position in shares of Kemper Corporation (NYSE:KMPR) by 83.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,421 shares of the insurance provider’s stock after selling 46,654 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Kemper were worth $486,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in Kemper in the second quarter valued at approximately $490,000. Moran Wealth Management LLC bought a new position in shares of Kemper during the 2nd quarter worth approximately $608,000. Versor Investments LP acquired a new position in shares of Kemper during the 2nd quarter worth approximately $1,870,000. Bryce Point Capital LLC bought a new stake in Kemper in the 2nd quarter valued at $742,000. Finally, Integrated Quantitative Investments LLC bought a new stake in Kemper in the 2nd quarter valued at $976,000. 86.23% of the stock is owned by institutional investors.

Kemper Stock Up 0.1%

Shares of KMPR opened at $38.79 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.35. Kemper Corporation has a 12 month low of $33.91 and a 12 month high of $72.25. The firm’s 50 day moving average is $39.73 and its 200-day moving average is $47.97. The stock has a market capitalization of $2.27 billion, a PE ratio of 10.13 and a beta of 1.15.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, November 5th. The insurance provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($1.00). Kemper had a net margin of 5.13% and a return on equity of 11.48%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the firm posted $1.62 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Equities research analysts forecast that Kemper Corporation will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, November 17th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, November 17th. Kemper’s dividend payout ratio is 33.42%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on KMPR shares. Raymond James Financial cut shares of Kemper from an “outperform” rating to a “market perform” rating and set a $60.00 price objective for the company. in a research report on Wednesday, October 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Kemper in a research note on Monday, December 29th. Piper Sandler reduced their target price on shares of Kemper from $50.00 to $35.00 and set an “underweight” rating for the company in a report on Thursday, November 6th. William Blair downgraded shares of Kemper from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 18th. Finally, Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Kemper currently has a consensus rating of “Reduce” and an average price target of $56.67.

Kemper Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.