Caxton Associates LP Invests $308,000 in Kemper Co. (NYSE:KMPR)

Caxton Associates LP purchased a new stake in Kemper Co. (NYSE:KMPR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,639 shares of the insurance provider’s stock, valued at approximately $308,000.

Other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its position in shares of Kemper by 72.3% during the third quarter. Barclays PLC now owns 29,067 shares of the insurance provider’s stock worth $1,781,000 after acquiring an additional 12,196 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Kemper during the 3rd quarter worth about $82,000. JPMorgan Chase & Co. lifted its position in Kemper by 102.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 201,756 shares of the insurance provider’s stock valued at $12,358,000 after purchasing an additional 102,339 shares during the period. GAMMA Investing LLC boosted its stake in shares of 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. Finally, Harbor Capital Advisors Inc. grew its position in shares of Kemper by 19.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 68,073 shares of the insurance provider’s stock worth $4,523,000 after buying an additional 11,076 shares during the period. Institutional investors own 86.23% of the company’s stock.

Kemper Price Performance

NYSE:KMPR opened at $61.62 on Thursday. Kemper Co. has a one year low of $53.57 and a one 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 company has a market cap of $3.95 billion, a P/E ratio of 12.55 and a beta of 1.26. The firm’s fifty day moving average price is $62.48 and its two-hundred day moving average price is $65.28.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business posted $1.07 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities analysts expect that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.08%. Kemper’s dividend payout ratio (DPR) is currently 26.07%.

Analyst Ratings Changes

Separately, Piper Sandler raised their price objective on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Kemper presently has a consensus rating of “Buy” and a consensus target price 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.