Kemper Co. (NYSE:KMPR) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in shares of Kemper Co. (NYSE:KMPR) by 158.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,097 shares of the insurance provider’s stock after acquiring an additional 7,409 shares during the period. BNP Paribas Financial Markets’ holdings in Kemper were worth $741,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 559 shares during the last quarter. Quarry LP raised its holdings in shares of Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper during the 3rd quarter valued at about $46,000. Finally, Blue Trust Inc. grew its holdings in shares of Kemper by 89.0% in the second quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock valued at $75,000 after purchasing an additional 572 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. JMP Securities restated a “market outperform” rating and set a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Finally, TD Cowen upped their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $79.00.

Kemper Stock Down 0.4 %

Kemper stock opened at $67.64 on Friday. The stock’s 50 day moving average price is $66.43 and its 200 day moving average price is $62.67. Kemper Co. has a 1-year low of $47.12 and a 1-year high of $73.01. The company has a market cap of $4.33 billion, a PE ratio of 16.10 and a beta of 0.88. 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 released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the firm posted ($0.44) EPS. The company’s revenue was down 1.7% compared to the same quarter last year. On average, sell-side analysts predict that Kemper Co. will post 5.49 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were paid a dividend of $0.31 per share. The ex-dividend date was Monday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.83%. Kemper’s dividend payout ratio is currently 29.52%.

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.