16,900 Shares in Kemper Co. (NYSE:KMPR) Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new position in Kemper Co. (NYSE:KMPR) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 16,900 shares of the insurance provider’s stock, valued at approximately $823,000.

A number of other large investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. increased its position in shares of Kemper by 24.8% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider’s stock valued at $180,140,000 after acquiring an additional 852,100 shares during the period. Wellington Management Group LLP increased its position in shares of Kemper by 3.8% in the third quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock valued at $173,408,000 after acquiring an additional 150,584 shares during the period. Victory Capital Management Inc. increased its position in shares of Kemper by 3.4% in the third quarter. Victory Capital Management Inc. now owns 971,132 shares of the insurance provider’s stock valued at $40,817,000 after acquiring an additional 31,480 shares during the period. New South Capital Management Inc. increased its position in shares of Kemper by 20.4% in the third quarter. New South Capital Management Inc. now owns 934,506 shares of the insurance provider’s stock valued at $39,277,000 after acquiring an additional 158,188 shares during the period. Finally, Ceredex Value Advisors LLC increased its position in shares of Kemper by 21.8% in the third quarter. Ceredex Value Advisors LLC now owns 399,700 shares of the insurance provider’s stock valued at $16,799,000 after acquiring an additional 71,550 shares during the period. Institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

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

Kemper Price Performance

Shares of NYSE KMPR opened at $57.42 on Friday. The stock has a market capitalization of $3.69 billion, a P/E ratio of -13.51 and a beta of 0.91. 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 Co. has a 1 year low of $38.32 and a 1 year high of $64.69. The company’s 50-day moving average is $58.50 and its 200 day moving average is $51.93.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. On average, sell-side analysts expect that Kemper Co. will post 4.22 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Friday, February 16th. Kemper’s dividend payout ratio (DPR) is presently -29.18%.

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.