Sanctuary Advisors LLC Has $352,000 Stock Position in Kemper Co. (NYSE:KMPR)

Sanctuary Advisors LLC increased its stake in Kemper Co. (NYSE:KMPR) by 13.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,169 shares of the insurance provider’s stock after acquiring an additional 626 shares during the quarter. Sanctuary Advisors LLC’s holdings in Kemper were worth $352,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 174 shares during the period. Pacer Advisors Inc. increased its holdings in Kemper by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider’s stock worth $597,000 after purchasing an additional 190 shares in the last quarter. Atom Investors LP increased its holdings in Kemper by 1.1% in the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider’s stock worth $1,178,000 after purchasing an additional 208 shares in the last quarter. KBC Group NV increased its holdings in Kemper by 24.2% in the third quarter. KBC Group NV now owns 2,050 shares of the insurance provider’s stock worth $126,000 after purchasing an additional 400 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in Kemper by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 7,036 shares of the insurance provider’s stock worth $430,000 after purchasing an additional 475 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Trading Up 1.0 %

Shares of Kemper stock opened at $68.25 on Tuesday. The stock has a fifty day simple moving average of $66.09 and a 200 day simple moving average of $65.01. Kemper Co. has a 12-month low of $54.11 and a 12-month high of $73.01. The company has a market capitalization of $4.36 billion, a P/E ratio of 13.90 and a beta of 0.88. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. On average, sell-side analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio is currently 26.07%.

Wall Street Analysts Forecast Growth

KMPR has been the subject of a number of research analyst reports. Raymond James lifted their target price on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Piper Sandler boosted their price objective on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, TD Cowen boosted their price objective on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $81.60.

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.