SG Americas Securities LLC Has $139,000 Stock Holdings in Kemper Co. (NYSE:KMPR)

SG Americas Securities LLC trimmed its stake in shares of Kemper Co. (NYSE:KMPR) by 62.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 2,277 shares of the insurance provider’s stock after selling 3,720 shares during the quarter. SG Americas Securities LLC’s holdings in Kemper were worth $139,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KMPR. Vanguard Group Inc. grew its stake in Kemper by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock worth $301,935,000 after buying an additional 28,095 shares in the last quarter. Oliver Luxxe Assets LLC acquired a new stake in shares of Kemper during the 1st quarter worth approximately $560,000. CCG Wealth Management LLC bought a new position in Kemper in the first quarter valued at approximately $233,000. Vaughan Nelson Investment Management L.P. acquired a new position in Kemper during the first quarter valued at approximately $23,384,000. Finally, State of Michigan Retirement System lifted its stake in Kemper by 2.8% during the first quarter. State of Michigan Retirement System now owns 14,896 shares of the insurance provider’s stock worth $922,000 after purchasing an additional 400 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Trading Down 1.6 %

Shares of NYSE KMPR opened at $63.01 on Friday. The firm has a 50 day moving average price of $61.50 and a two-hundred day moving average price of $60.37. The stock has a market cap of $4.06 billion, a P/E ratio of 80.78 and a beta of 0.85. Kemper Co. has a 52-week low of $38.52 and a 52-week high of $65.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.22 and a current ratio of 0.22.

Kemper (NYSE:KMPR) last announced its earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.23. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.02 billion. Kemper had a return on equity of 7.27% and a net margin of 1.11%. Kemper’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period last year, the company earned ($0.26) EPS. As a group, equities analysts forecast that Kemper Co. will post 5.01 EPS for the current year.

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.97%. Kemper’s dividend payout ratio (DPR) is currently 158.98%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. JMP Securities reissued a “market outperform” rating and set a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. Piper Sandler increased their target price on shares of Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Raymond James lifted their price target on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a report on Thursday, August 8th. UBS Group increased their price objective on shares of Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Finally, StockNews.com cut shares of Kemper from a “buy” rating to a “hold” rating in a research note on Sunday, September 8th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $76.20.

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.