Regent Peak Wealth Advisors LLC Trims Position in Kemper Co. (NYSE:KMPR)

Regent Peak Wealth Advisors LLC reduced its position in shares of Kemper Co. (NYSE:KMPR) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,565 shares of the insurance provider’s stock after selling 811 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Kemper were worth $436,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after buying an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 559 shares during the last quarter. Quarry LP raised its position 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 purchasing an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper in the 3rd quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Kemper during the 3rd quarter worth $82,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. TD Cowen boosted their price objective on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Raymond James lifted their target price on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. StockNews.com cut Kemper from a “buy” rating to a “hold” rating in a research note on Thursday, December 26th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. 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 data from MarketBeat.com, Kemper presently has a consensus rating of “Buy” and an average price target of $80.40.

Kemper Stock Down 0.3 %

NYSE KMPR traded down $0.20 on Tuesday, hitting $64.92. 44,545 shares of the stock were exchanged, compared to its average volume of 298,113. Kemper Co. has a fifty-two week low of $48.44 and a fifty-two week high of $73.01. The company has a 50-day moving average price of $67.68 and a 200-day moving average price of $63.60. The company has a market cap of $4.16 billion, a PE ratio of 15.46 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.34 by $0.28. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. Kemper’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.44) earnings per share. Sell-side analysts anticipate that Kemper Co. will post 5.36 EPS for the current fiscal 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 issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio (DPR) is 29.52%.

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.