Kemper Co. (NYSE:KMPR) Position Boosted by Intech Investment Management LLC

Intech Investment Management LLC increased its holdings in Kemper Co. (NYSE:KMPR) by 330.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,895 shares of the insurance provider’s stock after buying an additional 12,200 shares during the quarter. Intech Investment Management LLC’s holdings in Kemper were worth $1,056,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Swiss National Bank grew its holdings in Kemper by 0.8% in the 4th quarter. Swiss National Bank now owns 126,724 shares of the insurance provider’s stock worth $8,420,000 after buying an additional 1,000 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Kemper during the 4th quarter valued at $1,711,000. EverSource Wealth Advisors LLC boosted its stake 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 purchasing an additional 352 shares in the last quarter. HighTower Advisors LLC boosted its stake in Kemper by 4.2% during the 4th quarter. HighTower Advisors LLC now owns 9,342 shares of the insurance provider’s stock valued at $621,000 after purchasing an additional 375 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Kemper by 3.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,150 shares of the insurance provider’s stock valued at $1,007,000 after purchasing an additional 537 shares in the last quarter. 86.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KMPR. Raymond James increased their price target on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Piper Sandler increased their price target on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Kemper presently has an average rating of “Buy” and a consensus price target of $81.60.

Kemper Stock Performance

KMPR opened at $66.34 on Friday. The firm has a market cap of $4.24 billion, a PE ratio of 13.51 and a beta of 0.88. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $66.42 and a 200-day simple moving average of $65.41. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. As a group, equities analysts predict that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio (DPR) is 26.07%.

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.