GAMMA Investing LLC Has $48,000 Position in Kemper Co. (NYSE:KMPR)

GAMMA Investing LLC increased its holdings in shares of Kemper Co. (NYSE:KMPR) by 32.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 715 shares of the insurance provider’s stock after acquiring an additional 174 shares during the quarter. GAMMA Investing LLC’s holdings in Kemper were worth $48,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Kemper by 5,590.0% during 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 increased 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 last quarter. Capital Performance Advisors LLP acquired a new position in Kemper in the 3rd quarter valued at $46,000. Wilmington Savings Fund Society FSB acquired a new position in Kemper in the 3rd quarter valued at $82,000. Finally, KBC Group NV grew its holdings in Kemper by 24.2% in the 3rd quarter. KBC Group NV now owns 2,050 shares of the insurance provider’s stock valued at $126,000 after buying an additional 400 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Stock Performance

NYSE:KMPR opened at $63.59 on Tuesday. The stock has a fifty day moving average price of $67.78 and a 200-day moving average price of $63.79. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 15.14 and a beta of 0.88. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. Kemper Co. has a fifty-two week low of $52.91 and a fifty-two week high of $73.01.

Kemper (NYSE:KMPR) last released its earnings results 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. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The company’s revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.44) EPS. As a group, equities analysts anticipate that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were given 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 1.95%. Kemper’s dividend payout ratio is currently 29.52%.

Analysts Set New Price Targets

A number of brokerages have commented on KMPR. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Raymond James upped their price objective on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. Finally, TD Cowen upped their price objective on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $80.40.

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.