Intech Investment Management LLC Has $1.06 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Intech Investment Management LLC lifted its holdings in Kemper Co. (NYSE:KMPR) by 330.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,895 shares of the insurance provider’s stock after buying an additional 12,200 shares during the period. Intech Investment Management LLC’s holdings in Kemper were worth $1,056,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 352 shares during the last quarter. Clean Yield Group acquired a new stake in Kemper during the fourth quarter valued at $45,000. GAMMA Investing LLC boosted 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 during the last quarter. Parkside Financial Bank & Trust acquired a new stake in Kemper during the fourth quarter valued at $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Kemper during the third quarter valued at $82,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Trading Down 1.6 %

Shares of KMPR opened at $66.34 on Friday. Kemper Co. has a 12-month low of $54.11 and a 12-month high of $73.01. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 13.51 and a beta of 0.88. The stock’s 50-day moving average price is $66.42 and its 200 day moving average price is $65.41.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. As a group, research analysts predict that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.93%. This is an increase from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. Kemper’s payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Raymond James lifted their price objective on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research report on Thursday, December 26th. Finally, Piper Sandler raised their target price on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $81.60.

Kemper Company Profile

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.