Quantbot Technologies LP Invests $5.58 Million in Kemper Corporation $KMPR

Quantbot Technologies LP acquired a new stake in shares of Kemper Corporation (NYSE:KMPR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 108,242 shares of the insurance provider’s stock, valued at approximately $5,580,000. Quantbot Technologies LP owned 0.18% of Kemper as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Versor Investments LP bought a new position in shares of Kemper in the second quarter worth approximately $1,870,000. Integrated Quantitative Investments LLC purchased a new position in Kemper in the 2nd quarter worth approximately $976,000. Bryce Point Capital LLC purchased a new position in Kemper in the 2nd quarter worth approximately $742,000. Squarepoint Ops LLC increased its holdings in shares of Kemper by 822.6% in the 2nd quarter. Squarepoint Ops LLC now owns 41,102 shares of the insurance provider’s stock worth $2,653,000 after buying an additional 36,647 shares during the last quarter. Finally, CSM Advisors LLC purchased a new stake in shares of Kemper during the 2nd quarter valued at $5,480,000. 86.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KMPR. UBS Group set a $56.00 target price on shares of Kemper in a research report on Monday, February 9th. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. William Blair cut Kemper from a “market perform” rating to an “underperform” rating in a report on Thursday, December 18th. Wall Street Zen downgraded Kemper from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, Citigroup cut shares of Kemper to a “market perform” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $56.50.

Kemper Stock Performance

Shares of KMPR stock opened at $32.37 on Friday. The company has a market capitalization of $1.90 billion, a P/E ratio of 14.78 and a beta of 1.14. Kemper Corporation has a fifty-two week low of $30.05 and a fifty-two week high of $69.83. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a 50 day moving average price of $37.07 and a two-hundred day moving average price of $43.39.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.60). Kemper had a return on equity of 8.02% and a net margin of 2.99%.The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm earned $1.78 earnings per share. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. Analysts expect that Kemper Corporation will post 6.03 earnings per share for the current year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, February 17th. Kemper’s dividend payout ratio is 58.45%.

About Kemper

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.