Ceredex Value Advisors LLC Has $9.38 Million Stock Holdings in Kemper Co. (NYSE:KMPR)

Ceredex Value Advisors LLC lifted its stake in Kemper Co. (NYSE:KMPR) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 158,119 shares of the insurance provider’s stock after acquiring an additional 8,300 shares during the quarter. Ceredex Value Advisors LLC’s holdings in Kemper were worth $9,381,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Kemper by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock valued at $301,935,000 after buying an additional 28,095 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Kemper by 3.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock worth $118,827,000 after purchasing an additional 83,618 shares during the period. Schroder Investment Management Group increased its holdings in shares of Kemper by 9.6% in the fourth quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider’s stock valued at $88,605,000 after purchasing an additional 158,830 shares during the last quarter. Lord Abbett & CO. LLC raised its position in shares of Kemper by 3.0% in the first quarter. Lord Abbett & CO. LLC now owns 791,145 shares of the insurance provider’s stock valued at $48,988,000 after purchasing an additional 23,285 shares during the period. Finally, Vaughan Nelson Investment Management L.P. lifted its stake in shares of Kemper by 65.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock worth $37,012,000 after buying an additional 246,184 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Stock Up 0.4 %

Shares of KMPR stock traded up $0.23 during trading on Friday, hitting $62.11. The company had a trading volume of 189,053 shares, compared to its average volume of 398,868. The stock’s 50-day moving average price is $61.07 and its 200 day moving average price is $59.56. Kemper Co. has a one year low of $38.32 and a one year high of $65.93. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.52.

Kemper (NYSE:KMPR) last released its earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.23. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.02 billion. Kemper had a return on equity of 7.27% and a net margin of 1.11%. Kemper’s quarterly revenue was down 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.26) EPS. Analysts forecast that Kemper Co. will post 5.17 EPS for the current fiscal year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.00%. The ex-dividend date is Monday, August 19th. Kemper’s dividend payout ratio is currently -65.26%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Piper Sandler upped their price target on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a research note on Thursday. UBS Group boosted their price target on Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. JMP Securities increased their price objective on Kemper from $80.00 to $85.00 and gave the stock a “market outperform” rating in a research report on Tuesday, August 6th. Finally, Raymond James boosted their target price on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $76.20.

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.