KBC Group NV Purchases 400 Shares of Kemper Co. (NYSE:KMPR)

KBC Group NV lifted its holdings in Kemper Co. (NYSE:KMPR) by 24.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,050 shares of the insurance provider’s stock after buying an additional 400 shares during the quarter. KBC Group NV’s holdings in Kemper were worth $126,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of KMPR. Blair William & Co. IL bought a new position in Kemper in the 1st quarter valued at approximately $228,000. LRI Investments LLC purchased a new position in Kemper in the 1st quarter worth about $36,000. Bayesian Capital Management LP bought a new stake in shares of Kemper in the first quarter worth approximately $342,000. Khrom Capital Management LLC raised its holdings in shares of Kemper by 414.0% during the first quarter. Khrom Capital Management LLC now owns 425,262 shares of the insurance provider’s stock valued at $26,332,000 after purchasing an additional 342,519 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its position in Kemper by 12.7% during the first quarter. Janus Henderson Group PLC now owns 515,487 shares of the insurance provider’s stock valued at $31,919,000 after purchasing an additional 57,979 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on KMPR shares. TD Cowen upped their price objective on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a report on Monday, November 4th. JMP Securities restated a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. UBS Group upped their target price on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. Finally, Raymond James lifted their price objective on Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a research note on Thursday, August 8th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $79.00.

Kemper Trading Up 2.0 %

NYSE KMPR opened at $72.10 on Friday. The firm has a market cap of $4.62 billion, a PE ratio of 17.17 and a beta of 0.85. Kemper Co. has a 52 week low of $42.00 and a 52 week high of $72.82. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average price of $63.59 and a 200 day moving average price of $61.63.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company posted ($0.44) earnings per share. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Kemper Co. will post 5.17 EPS for the current fiscal year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.72%. Kemper’s dividend payout ratio (DPR) is presently 29.52%.

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.