Teachers Advisors LLC boosted its position in Kemper Corporation (NYSE:KMPR) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,975 shares of the insurance provider’s stock after buying an additional 1,942 shares during the period. Teachers Advisors LLC owned about 0.13% of Kemper Corporation worth $2,923,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KMPR. Tyers Asset Management LLC purchased a new position in Kemper Corporation during the fourth quarter worth $120,000. Flinton Capital Management LLC purchased a new position in Kemper Corporation during the fourth quarter worth $146,000. Sei Investments Co. raised its position in Kemper Corporation by 182.7% in the third quarter. Sei Investments Co. now owns 3,800 shares of the insurance provider’s stock worth $150,000 after buying an additional 2,456 shares in the last quarter. Dynamic Capital Management Ltd purchased a new position in Kemper Corporation during the third quarter worth $244,000. Finally, Two Sigma Investments LP purchased a new position in Kemper Corporation during the fourth quarter worth $297,000. 55.49% of the stock is owned by hedge funds and other institutional investors.
Shares of Kemper Corporation (KMPR) opened at 40.05 on Friday. The company has a market cap of $2.05 billion, a PE ratio of 111.25 and a beta of 1.12. The company has a 50-day moving average of $38.86 and a 200-day moving average of $41.60. Kemper Corporation has a 1-year low of $29.62 and a 1-year high of $45.95.
Kemper Corporation (NYSE:KMPR) last issued its earnings results on Thursday, May 4th. The insurance provider reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.11. The company had revenue of $651.40 million during the quarter, compared to analysts’ expectations of $652.25 million. Kemper Corporation had a net margin of 0.73% and a return on equity of 0.44%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.01) EPS. Equities analysts forecast that Kemper Corporation will post $1.43 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 30th. Stockholders of record on Monday, May 15th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend was Thursday, May 11th. Kemper Corporation’s payout ratio is presently 274.29%.
A number of research firms have weighed in on KMPR. Zacks Investment Research lowered shares of Kemper Corporation from a “buy” rating to a “hold” rating in a research report on Friday, February 17th. TheStreet lowered shares of Kemper Corporation from a “b-” rating to a “c” rating in a research report on Thursday, May 4th. Four investment analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus target price of $50.00.
In other news, insider Mark A. Green bought 1,000 shares of the company’s stock in a transaction dated Tuesday, May 9th. The stock was bought at an average cost of $37.72 per share, for a total transaction of $37,720.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.92% of the stock is currently owned by insiders.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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