Sei Investments Co. Increases Stock Position in Kemper Co. (NYSE:KMPR)

Sei Investments Co. boosted its holdings in Kemper Co. (NYSE:KMPR) by 5.1% in the 2nd quarter, Holdings Channel reports. The firm owned 67,472 shares of the insurance provider’s stock after purchasing an additional 3,296 shares during the period. Sei Investments Co.’s holdings in Kemper were worth $4,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of KMPR. Treasurer of the State of North Carolina raised its holdings in Kemper by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 26,692 shares of the insurance provider’s stock worth $1,299,000 after purchasing an additional 260 shares in the last quarter. TFO Wealth Partners LLC grew its holdings in shares of Kemper by 83,566.7% in the 4th quarter. TFO Wealth Partners LLC now owns 2,510 shares of the insurance provider’s stock worth $122,000 after acquiring an additional 2,507 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in Kemper during the fourth quarter worth $873,000. Pinebridge Investments L.P. boosted its position in shares of Kemper by 78.6% in the 4th quarter. Pinebridge Investments L.P. now owns 38,002 shares of the insurance provider’s stock worth $1,850,000 after buying an additional 16,721 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in Kemper by 9.6% during the fourth quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider’s stock worth $88,605,000 after acquiring an additional 158,830 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Price Performance

KMPR opened at $60.88 on Thursday. The company has a market cap of $3.92 billion, a P/E ratio of -32.04 and a beta of 0.85. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.52. Kemper Co. has a 52-week low of $38.32 and a 52-week high of $65.93. The company has a 50 day moving average of $61.55 and a two-hundred day moving average of $60.13.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.23. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the company earned ($0.26) earnings per share. The business’s quarterly revenue was down 10.5% compared to the same quarter last year. On average, analysts expect that Kemper Co. will post 5.17 earnings per share for the current year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Monday, August 19th. Kemper’s dividend payout ratio (DPR) is -65.26%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Piper Sandler increased their price target on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. StockNews.com downgraded Kemper from a “buy” rating to a “hold” rating in a research report on Sunday, September 8th. UBS Group raised their price target on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. JMP Securities boosted their price objective on shares of Kemper from $80.00 to $85.00 and gave the company a “market outperform” rating in a research report on Tuesday, August 6th. Finally, Raymond James boosted 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. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $76.20.

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.