Natixis Advisors LLC Decreases Stock Position in Kemper Co. (NYSE:KMPR)

Natixis Advisors LLC trimmed its stake in shares of Kemper Co. (NYSE:KMPR) by 18.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,697 shares of the insurance provider’s stock after selling 12,907 shares during the quarter. Natixis Advisors LLC owned 0.09% of Kemper worth $3,411,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LRI Investments LLC purchased a new stake in shares of Kemper during the first quarter worth approximately $36,000. Bayesian Capital Management LP purchased a new stake in shares of Kemper in the 1st quarter valued at approximately $342,000. Khrom Capital Management LLC raised its holdings in shares of Kemper by 414.0% in the 1st 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 in the last quarter. Janus Henderson Group PLC lifted its position in shares of Kemper by 12.7% during the 1st quarter. Janus Henderson Group PLC now owns 515,487 shares of the insurance provider’s stock worth $31,919,000 after purchasing an additional 57,979 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its stake in shares of Kemper by 84.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider’s stock worth $2,472,000 after purchasing an additional 18,290 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Price Performance

Shares of NYSE KMPR opened at $71.61 on Friday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. The stock has a market cap of $4.59 billion, a P/E ratio of 17.05 and a beta of 0.85. The stock has a 50 day moving average of $63.83 and a two-hundred day moving average of $61.72. Kemper Co. has a twelve month low of $42.32 and a twelve month high of $72.82.

Kemper (NYSE:KMPR) last posted its quarterly earnings data 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. 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 analyst estimates of $1.07 billion. During the same period last year, the firm posted ($0.44) EPS. Kemper’s quarterly revenue was down 1.7% on a year-over-year basis. On average, research analysts forecast that Kemper Co. will post 5.36 earnings per share for the current 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 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 1.73%. Kemper’s payout ratio is currently 29.52%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a report on Monday, November 4th. TD Cowen boosted their target price on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Raymond James increased their price target on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research note on Thursday, August 8th. JMP Securities reissued a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. Finally, UBS Group upped their target price on shares of Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, August 13th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $79.00.

About Kemper

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.