International Assets Investment Management LLC Sells 1,327 Shares of Kemper Co. (NYSE:KMPR)

International Assets Investment Management LLC lowered its stake in shares of Kemper Co. (NYSE:KMPR) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 88,029 shares of the insurance provider’s stock after selling 1,327 shares during the quarter. International Assets Investment Management LLC’s holdings in Kemper were worth $5,849,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of KMPR. GAMMA Investing LLC boosted its holdings in Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 174 shares during the last quarter. Inspire Investing LLC grew its position in shares of Kemper by 3.1% during the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider’s stock worth $353,000 after buying an additional 177 shares during the period. Atom Investors LP lifted its holdings in Kemper by 1.1% in the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider’s stock valued at $1,178,000 after buying an additional 208 shares during the period. Quarry LP boosted its stake in Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 329 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in Kemper by 2.3% during the 2nd quarter. Arizona State Retirement System now owns 18,010 shares of the insurance provider’s stock worth $1,069,000 after acquiring an additional 397 shares during the period. 86.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KMPR. TD Cowen increased their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday. JMP Securities reiterated a “market outperform” rating and set a $85.00 target price on shares of Kemper in a report on Tuesday, October 15th. Finally, Raymond James raised their price target on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $80.40.

Kemper Stock Down 1.0 %

Shares of KMPR stock traded down $0.66 on Wednesday, hitting $63.95. 24,582 shares of the stock were exchanged, compared to its average volume of 278,378. The business has a 50-day moving average of $67.70 and a 200 day moving average of $63.64. Kemper Co. has a fifty-two week low of $49.02 and a fifty-two week high of $73.01. The firm has a market capitalization of $4.10 billion, a P/E ratio of 15.23 and a beta of 0.88. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the business earned ($0.44) EPS. The business’s quarterly revenue was down 1.7% on a year-over-year basis. Equities analysts anticipate that Kemper Co. will post 5.36 EPS for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio is 29.52%.

Kemper 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.