Mirabella Financial Services LLP Has $6.23 Million Stake in Kemper Co. (NYSE:KMPR)

Mirabella Financial Services LLP boosted its holdings in Kemper Co. (NYSE:KMPR) by 53.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,776 shares of the insurance provider’s stock after buying an additional 32,523 shares during the period. Mirabella Financial Services LLP’s holdings in Kemper were worth $6,230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Kemper by 141.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 352 shares during the period. Clean Yield Group bought a new position in Kemper during the fourth quarter worth about $45,000. GAMMA Investing LLC grew its position in shares of Kemper by 32.2% during the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after buying an additional 174 shares during the period. Parkside Financial Bank & Trust bought a new stake in shares of Kemper in the 4th quarter valued at about $63,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Kemper during the 3rd quarter worth approximately $82,000. 86.23% of the stock is owned by institutional investors.

Kemper Stock Down 1.3 %

KMPR stock opened at $56.77 on Friday. The business has a 50-day moving average of $64.28 and a 200-day moving average of $65.50. Kemper Co. has a fifty-two week low of $53.57 and a fifty-two week high of $73.01. The stock has a market capitalization of $3.63 billion, a P/E ratio of 11.56 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. 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 firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.25%. This is an increase from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. Kemper’s dividend payout ratio is currently 26.07%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Raymond James increased their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. Piper Sandler increased their price target on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Five equities research 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, the company presently has an average rating of “Buy” and a consensus target price of $81.60.

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.