Wellington Management Group LLP Has $181.95 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Wellington Management Group LLP lessened its holdings in Kemper Co. (NYSE:KMPR) by 11.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,738,506 shares of the insurance provider’s stock after selling 370,781 shares during the period. Wellington Management Group LLP owned 4.29% of Kemper worth $181,946,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 352 shares during the last quarter. Clean Yield Group bought a new position in Kemper in the 4th quarter valued at about $45,000. GAMMA Investing LLC raised its position in Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 174 shares in the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of Kemper during the 4th quarter worth $63,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Kemper during the 3rd quarter valued at approximately $82,000. 86.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on KMPR shares. Raymond James boosted their price objective on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Piper Sandler boosted their price target on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com raised 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $81.60.

Kemper Stock Down 0.7 %

KMPR opened at $66.77 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market capitalization of $4.27 billion, a P/E ratio of 13.60 and a beta of 0.88. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The company’s 50-day moving average is $66.78 and its 200 day moving average is $65.79.

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

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders 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 annualized dividend and a dividend yield of 1.92%. Kemper’s payout ratio is presently 26.07%.

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.