Kemper Co. (NYSE:KMPR) Shares Sold by Sei Investments Co.

Sei Investments Co. lowered its holdings in Kemper Co. (NYSE:KMPR) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,641 shares of the insurance provider’s stock after selling 2,589 shares during the period. Sei Investments Co.’s holdings in Kemper were worth $5,092,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMPR. EverSource Wealth Advisors LLC boosted its holdings in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock worth $40,000 after buying an additional 352 shares in the last quarter. Clean Yield Group bought a new stake in shares of Kemper during the 4th quarter worth $45,000. GAMMA Investing LLC grew its holdings in shares of Kemper by 32.2% in the 4th 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 last quarter. Parkside Financial Bank & Trust acquired a new stake in shares of Kemper during the fourth quarter worth $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Kemper during the third quarter valued at $82,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Stock Performance

Shares of KMPR opened at $67.31 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. Kemper Co. has a 52 week low of $54.11 and a 52 week high of $73.01. The company’s 50 day moving average price is $66.74 and its 200 day moving average price is $65.79. The company has a market capitalization of $4.31 billion, a PE ratio of 13.71 and a beta of 0.88.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating 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%. Research analysts expect that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from Kemper’s previous quarterly dividend of $0.31. Kemper’s payout ratio is presently 26.07%.

Analysts Set New Price Targets

Several research firms have issued reports on KMPR. Piper Sandler boosted their price objective on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Finally, Raymond James lifted their price objective on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Five investment 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 stock currently has a consensus rating of “Buy” and a consensus 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.