Fox Run Management L.L.C. Acquires Shares of 37,334 Kemper Corporation $KMPR

Fox Run Management L.L.C. acquired a new stake in shares of Kemper Corporation (NYSE:KMPR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 37,334 shares of the insurance provider’s stock, valued at approximately $1,514,000. Fox Run Management L.L.C. owned 0.06% of Kemper at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in Kemper by 1,098.0% during the third 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 period. Huntington National Bank lifted its position in Kemper by 187.1% during the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock valued at $26,000 after buying an additional 421 shares during the period. Jones Financial Companies Lllp lifted its position in Kemper by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock valued at $34,000 after buying an additional 278 shares during the period. Abich Financial Wealth Management LLC purchased a new position in Kemper during the third quarter valued at $36,000. Finally, Danske Bank A S purchased a new position in shares of Kemper in the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on KMPR shares. UBS Group lowered their price target on Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered Kemper from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings lowered Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 17th. Finally, Piper Sandler lowered their price target on Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $51.75.

Kemper Price Performance

Shares of NYSE:KMPR opened at $24.37 on Tuesday. Kemper Corporation has a fifty-two week low of $22.69 and a fifty-two week high of $65.32. The business has a 50-day simple moving average of $30.08 and a two-hundred day simple moving average of $34.22. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 39.30 and a beta of 1.06.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. Kemper had a net margin of 0.89% and a return on equity of 4.80%. The company’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.65 earnings per share. On average, analysts expect that Kemper Corporation will post 2.3 earnings per share for the current year.

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 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 5.3%. The ex-dividend date was Monday, May 18th. Kemper’s payout ratio is currently 206.45%.

Kemper Company 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.