Kemper Co. (NYSE:KMPR) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its holdings in shares of Kemper Co. (NYSE:KMPR) by 805,300.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,108 shares of the insurance provider’s stock after purchasing an additional 16,106 shares during the period. Quantbot Technologies LP’s holdings in Kemper were worth $987,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC raised its holdings in Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after buying an additional 559 shares in the last quarter. Quarry LP lifted its holdings in shares of Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after buying an additional 329 shares during the period. Capital Performance Advisors LLP bought a new position in Kemper during the third quarter valued at about $46,000. Finally, Blue Trust Inc. grew its holdings in Kemper by 89.0% during the second quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock worth $75,000 after acquiring an additional 572 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Kemper Stock Up 0.8 %

NYSE:KMPR opened at $71.49 on Monday. The business’s fifty day moving average price is $64.89 and its 200 day moving average price is $62.08. The firm has a market capitalization of $4.58 billion, a price-to-earnings ratio of 17.02 and a beta of 0.85. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper Co. has a 1-year low of $43.18 and a 1-year high of $73.01.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.44) EPS. On average, sell-side analysts forecast that Kemper Co. will post 5.36 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be given a $0.31 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.73%. Kemper’s payout ratio is 29.52%.

Analyst Ratings Changes

Several research firms have recently weighed in on KMPR. TD Cowen raised their price objective on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Piper Sandler lifted their price target on shares of Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Raymond James upped their price target on Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a report on Thursday, August 8th. UBS Group raised their price objective on Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. Finally, StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $79.00.

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.