Jane Street Group LLC Buys 34,922 Shares of Kemper Co. (NYSE:KMPR)

Jane Street Group LLC grew its position in shares of Kemper Co. (NYSE:KMPR) by 565.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,094 shares of the insurance provider’s stock after buying an additional 34,922 shares during the quarter. Jane Street Group LLC’s holdings in Kemper were worth $2,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of KMPR. Westfield Capital Management Co. LP increased its position in Kemper by 81.1% during the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock valued at $51,333,000 after acquiring an additional 375,324 shares during the last quarter. Millennium Management LLC boosted its position in Kemper by 1,336.4% in the second quarter. Millennium Management LLC now owns 340,948 shares of the insurance provider’s stock worth $20,228,000 after purchasing an additional 317,212 shares during the last quarter. Lighthouse Investment Partners LLC grew its stake in shares of Kemper by 815.0% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 301,524 shares of the insurance provider’s stock valued at $17,889,000 after purchasing an additional 268,569 shares during the period. AQR Capital Management LLC increased its position in shares of Kemper by 254.1% during the 2nd quarter. AQR Capital Management LLC now owns 349,822 shares of the insurance provider’s stock valued at $20,398,000 after purchasing an additional 251,036 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Kemper by 1,070.6% in the 3rd quarter. Bank of Montreal Can now owns 140,189 shares of the insurance provider’s stock worth $8,526,000 after purchasing an additional 128,213 shares during the period. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Stock Performance

Shares of NYSE KMPR opened at $65.06 on Monday. The stock has a market cap of $4.17 billion, a PE ratio of 15.49 and a beta of 0.88. Kemper Co. has a 1 year low of $47.12 and a 1 year high of $73.01. The firm has a fifty day moving average price of $67.07 and a 200-day moving average price of $63.00. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.28. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business posted ($0.44) EPS. Kemper’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts anticipate that Kemper Co. will post 5.36 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Monday, November 18th. Kemper’s dividend payout ratio (DPR) is presently 29.52%.

Analyst Ratings Changes

A number of brokerages have commented on KMPR. StockNews.com cut shares of Kemper from a “buy” rating to a “hold” rating in a report on Tuesday, December 17th. TD Cowen upped their price objective on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, JMP Securities reiterated a “market outperform” rating and set a $85.00 target price on shares of Kemper in a research report on Tuesday, October 15th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $79.00.

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.