International Assets Investment Management LLC Makes New $440,000 Investment in Kemper Co. (NYSE:KMPR)

International Assets Investment Management LLC purchased a new position in shares of Kemper Co. (NYSE:KMPR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 9,049 shares of the insurance provider’s stock, valued at approximately $440,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Blue Trust Inc. lifted its holdings in shares of Kemper by 211.1% in the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 361 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Kemper in the 3rd quarter worth $32,000. SG Americas Securities LLC bought a new position in shares of Kemper in the 4th quarter worth $119,000. BKM Wealth Management LLC bought a new position in shares of Kemper in the 4th quarter worth $148,000. Finally, Quadrature Capital Ltd bought a new position in shares of Kemper in the 3rd quarter worth $217,000. 86.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on KMPR shares. JMP Securities reiterated a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a report on Monday, April 15th. Raymond James raised their price objective on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Piper Sandler raised their price objective on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a research note on Monday, April 1st. UBS Group raised their price objective on Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, TD Cowen began coverage on Kemper in a research note on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price objective on the stock. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $70.40.

Kemper Trading Down 2.8 %

Shares of Kemper stock opened at $58.69 on Friday. Kemper Co. has a 1 year low of $38.32 and a 1 year high of $64.69. The firm has a market cap of $3.77 billion, a PE ratio of -13.81 and a beta of 0.91. The stock has a fifty day moving average price of $58.55 and a 200-day moving average price of $51.82. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20.

Kemper (NYSE:KMPR) last announced its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.21 billion. Equities research analysts anticipate that Kemper Co. will post 4.17 EPS for the current year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s dividend payout ratio (DPR) is currently -29.18%.

About Kemper

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.