Dimensional Fund Advisors LP Has $120.20 Million Holdings in Kemper Corporation $KMPR

Dimensional Fund Advisors LP lifted its position in shares of Kemper Corporation (NYSE:KMPR) by 4.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,331,737 shares of the insurance provider’s stock after purchasing an additional 97,354 shares during the quarter. Dimensional Fund Advisors LP owned 3.98% of Kemper worth $120,201,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. grew its position in Kemper by 1,098.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 538 shares during the period. Jones Financial Companies Lllp raised its holdings in Kemper by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after buying an additional 278 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Kemper in the third quarter valued at $36,000. UMB Bank n.a. lifted its stake in shares of Kemper by 194.6% in the third quarter. UMB Bank n.a. now owns 881 shares of the insurance provider’s stock valued at $45,000 after buying an additional 582 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Kemper by 178.6% during the third quarter. Covestor Ltd now owns 1,078 shares of the insurance provider’s stock valued at $56,000 after buying an additional 691 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Kemper Stock Down 1.4%

KMPR opened at $29.10 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.18 and a quick ratio of 0.18. The company’s 50-day moving average is $35.54 and its 200 day moving average is $42.15. Kemper Corporation has a fifty-two week low of $28.64 and a fifty-two week high of $69.83. The firm has a market capitalization of $1.71 billion, a P/E ratio of 13.29 and a beta of 1.16.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.60). The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.22 billion. Kemper had a return on equity of 8.02% and a net margin of 2.99%.The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.78 earnings per share. Research analysts expect that Kemper Corporation will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, February 17th. Kemper’s dividend payout ratio (DPR) is presently 58.45%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KMPR. Wall Street Zen lowered shares of Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. William Blair downgraded Kemper from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 18th. UBS Group set a $56.00 price objective on Kemper in a report on Monday, February 9th. Citizens Jmp downgraded Kemper from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 5th. Finally, Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $56.50.

About Kemper

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.