Kemper Co. (NYSE:KMPR) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group trimmed its holdings in shares of Kemper Co. (NYSE:KMPR) by 15.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,629,803 shares of the insurance provider’s stock after selling 305,622 shares during the period. Schroder Investment Management Group owned approximately 2.54% of Kemper worth $107,453,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC raised its position in shares of Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock worth $40,000 after buying an additional 352 shares in the last quarter. Clean Yield Group acquired a new position in Kemper in the fourth quarter worth approximately $45,000. GAMMA Investing LLC grew its holdings in shares of Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 174 shares during the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of Kemper in the 4th quarter valued at $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Kemper in the 3rd quarter worth about $82,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Stock Performance

KMPR stock opened at $66.97 on Monday. The firm has a 50 day moving average of $66.68 and a two-hundred day moving average of $65.68. Kemper Co. has a 12 month low of $54.11 and a 12 month high of $73.01. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 13.64 and a beta of 0.88. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

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

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 1.91%. Kemper’s dividend payout ratio (DPR) is presently 26.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Raymond James boosted their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. Piper Sandler upped their target price on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $81.60.

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.