Foundry Partners LLC Boosts Holdings in Kemper Co. (NYSE:KMPR)

Foundry Partners LLC boosted its position in Kemper Co. (NYSE:KMPR) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,904 shares of the insurance provider’s stock after purchasing an additional 800 shares during the quarter. Foundry Partners LLC’s holdings in Kemper were worth $482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP lifted its stake in Kemper by 3.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock worth $173,408,000 after purchasing an additional 150,584 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Kemper during the 4th quarter valued at $641,000. Victory Capital Management Inc. raised its position in shares of Kemper by 3.4% during the 3rd quarter. Victory Capital Management Inc. now owns 971,132 shares of the insurance provider’s stock valued at $40,817,000 after buying an additional 31,480 shares in the last quarter. Chartwell Investment Partners LLC raised its position in shares of Kemper by 53.7% during the 3rd quarter. Chartwell Investment Partners LLC now owns 302,179 shares of the insurance provider’s stock valued at $12,700,000 after buying an additional 105,624 shares in the last quarter. Finally, New South Capital Management Inc. raised its position in shares of Kemper by 20.4% during the 3rd quarter. New South Capital Management Inc. now owns 934,506 shares of the insurance provider’s stock valued at $39,277,000 after buying an additional 158,188 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KMPR has been the topic of several research reports. JMP Securities restated a “market outperform” rating and set a $75.00 price objective on shares of Kemper in a research report on Monday, April 15th. Raymond James lifted their target price on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Piper Sandler lifted their target price on shares of Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. UBS Group lifted their target price on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, TD Cowen began coverage on shares of Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price on the stock. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Kemper currently has a consensus rating of “Buy” and a consensus price target of $70.40.

Kemper Trading Up 0.6 %

Shares of Kemper stock opened at $58.36 on Tuesday. Kemper Co. has a 12-month low of $38.32 and a 12-month high of $64.69. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The company’s fifty day simple moving average is $58.44 and its two-hundred day simple moving average is $51.60.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. Sell-side analysts predict that Kemper Co. will post 4.17 EPS for the current year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Friday, February 16th. Kemper’s payout ratio is -29.18%.

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.