Kemper Corporation $KMPR Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group decreased its position in shares of Kemper Corporation (NYSE:KMPR) by 55.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 556,704 shares of the insurance provider’s stock after selling 679,883 shares during the period. Schroder Investment Management Group owned about 0.95% of Kemper worth $28,704,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its position in Kemper by 1,098.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock valued at $30,000 after buying an additional 538 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Kemper by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after acquiring an additional 278 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of Kemper during the third quarter worth about $36,000. UMB Bank n.a. lifted its stake in shares of Kemper by 194.6% in the third quarter. UMB Bank n.a. now owns 881 shares of the insurance provider’s stock worth $45,000 after acquiring an additional 582 shares in the last quarter. Finally, Covestor Ltd lifted its stake in shares of Kemper by 178.6% in the third quarter. Covestor Ltd now owns 1,078 shares of the insurance provider’s stock worth $56,000 after acquiring an additional 691 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on KMPR shares. UBS Group set a $56.00 price objective on Kemper in a research note on Monday, February 9th. William Blair lowered Kemper from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 18th. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a research note on Monday, February 23rd. Weiss Ratings raised shares of Kemper from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 13th. Finally, Citizens Jmp lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $56.50.

Kemper Stock Up 0.1%

Shares of Kemper stock opened at $29.16 on Friday. The business has a 50-day moving average price of $35.31 and a 200 day moving average price of $42.06. Kemper Corporation has a fifty-two week low of $28.41 and a fifty-two week high of $69.83. The firm has a market cap of $1.71 billion, a P/E ratio of 13.31 and a beta of 1.16. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.35.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.60). The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. Kemper had a return on equity of 8.02% and a net margin of 2.99%.The company’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.78 EPS. On average, sell-side analysts forecast that Kemper Corporation will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, February 17th. Kemper’s dividend payout ratio is currently 58.45%.

Kemper Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.