Kemper Co. (NYSE:KMPR) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC lessened its stake in Kemper Co. (NYSE:KMPR) by 53.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,281 shares of the insurance provider’s stock after selling 8,333 shares during the quarter. Aquatic Capital Management LLC’s holdings in Kemper were worth $484,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased 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 worth $40,000 after acquiring an additional 352 shares during the last quarter. Clean Yield Group purchased a new position in Kemper during the fourth quarter worth about $45,000. GAMMA Investing LLC boosted its holdings in Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 174 shares during the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of Kemper in the 4th quarter valued at approximately $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Kemper during the 3rd quarter worth approximately $82,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Stock Performance

NYSE KMPR opened at $61.39 on Friday. The company has a market cap of $3.93 billion, a P/E ratio of 12.50 and a beta of 1.05. Kemper Co. has a 1-year low of $53.57 and a 1-year high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a 50-day moving average of $62.77 and a two-hundred day moving average of $65.32.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts anticipate that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.09%. This is a boost from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s payout ratio is presently 26.07%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on KMPR. Piper Sandler increased their price objective on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Kemper has an average rating of “Buy” and an average 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.