Brandywine Global Investment Management LLC Has $10.10 Million Stake in Kemper Co. (NYSE:KMPR)

Brandywine Global Investment Management LLC lessened its stake in shares of Kemper Co. (NYSE:KMPR) by 4.3% during the fourth quarter, Holdings Channel reports. The fund owned 152,045 shares of the insurance provider’s stock after selling 6,811 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Kemper were worth $10,102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. California Public Employees Retirement System boosted its position in shares of Kemper by 4.9% during the 4th quarter. California Public Employees Retirement System now owns 108,703 shares of the insurance provider’s stock worth $7,222,000 after purchasing an additional 5,082 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in Kemper by 2.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider’s stock worth $547,000 after acquiring an additional 206 shares in the last quarter. Norges Bank acquired a new stake in Kemper in the fourth quarter valued at approximately $14,016,000. PKS Advisory Services LLC bought a new stake in shares of Kemper during the fourth quarter valued at approximately $233,000. Finally, Modern Wealth Management LLC bought a new position in shares of Kemper in the 4th quarter worth $241,000. 86.23% of the stock is owned by institutional investors.

Kemper Price Performance

Shares of NYSE KMPR opened at $66.75 on Tuesday. The company has a market capitalization of $4.27 billion, a PE ratio of 13.59 and a beta of 0.88. 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 stock’s 50 day moving average price is $66.71 and its 200-day moving average price is $65.73. Kemper Co. has a twelve month low of $54.11 and a twelve month high of $73.01.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. On average, equities analysts anticipate that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a $0.32 dividend. This is an increase from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 annualized dividend and a dividend yield of 1.92%. Kemper’s dividend payout ratio (DPR) is presently 26.07%.

Analysts Set New Price Targets

A number of analysts have commented on KMPR shares. Piper Sandler boosted their price target on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Raymond James upped their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. Finally, StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price 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.