Xponance Inc. Has $456,000 Position in Kemper Co. (NYSE:KMPR)

Xponance Inc. lifted its holdings in shares of Kemper Co. (NYSE:KMPR) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,862 shares of the insurance provider’s stock after buying an additional 358 shares during the period. Xponance Inc.’s holdings in Kemper were worth $456,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. State Street Corp increased its holdings in Kemper by 3.9% during the third quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after buying an additional 79,622 shares during the last quarter. Boston Partners grew its position in shares of Kemper by 108.2% in the 4th quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock valued at $73,363,000 after acquiring an additional 574,730 shares during the period. Geode Capital Management LLC increased its stake in shares of Kemper by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock worth $61,933,000 after purchasing an additional 9,412 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Kemper by 5.6% in the 4th quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider’s stock valued at $36,080,000 after purchasing an additional 28,807 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in Kemper by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 425,221 shares of the insurance provider’s stock valued at $28,252,000 after purchasing an additional 28,196 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

Kemper Trading Up 0.1 %

Shares of KMPR opened at $67.70 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. Kemper Co. has a 52-week low of $54.11 and a 52-week high of $73.01. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 13.79 and a beta of 0.88. The business’s fifty day moving average is $66.60 and its 200-day moving average is $65.53.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. Equities analysts anticipate that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

KMPR has been the topic of a number of research analyst reports. Raymond James increased their price target on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. Piper Sandler raised their target price on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Five investment 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, Kemper has an average rating of “Buy” and a consensus target price of $81.60.

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.