Kemper Co. (NYSE:KMPR) Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its holdings in Kemper Co. (NYSE:KMPR) by 19.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,073 shares of the insurance provider’s stock after buying an additional 11,076 shares during the quarter. Harbor Capital Advisors Inc. owned 0.11% of Kemper worth $4,523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Arizona State Retirement System grew its holdings in shares of Kemper by 2.3% in 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. Quest Partners LLC boosted its position in Kemper by 54.5% during the second quarter. Quest Partners LLC now owns 2,681 shares of the insurance provider’s stock worth $159,000 after purchasing an additional 946 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in Kemper by 4.9% in the second quarter. Texas Permanent School Fund Corp now owns 55,494 shares of the insurance provider’s stock valued at $3,292,000 after purchasing an additional 2,576 shares during the last quarter. American Century Companies Inc. increased its position in shares of Kemper by 6.6% in the second quarter. American Century Companies Inc. now owns 13,065 shares of the insurance provider’s stock valued at $775,000 after buying an additional 806 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Kemper by 37.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 39,676 shares of the insurance provider’s stock worth $2,354,000 after buying an additional 10,721 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Ratings Changes

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

Kemper Trading Down 2.8 %

Shares of Kemper stock opened at $62.94 on Friday. Kemper Co. has a fifty-two week low of $52.24 and a fifty-two week high of $73.01. The business’s fifty day moving average is $67.76 and its two-hundred day moving average is $63.65. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The firm has a market cap of $4.03 billion, a PE ratio of 14.99 and a beta of 0.88.

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

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio is currently 29.52%.

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.