Voya Investment Management LLC Sells 523 Shares of Kemper Co. (NYSE:KMPR)

Voya Investment Management LLC decreased its position in shares of Kemper Co. (NYSE:KMPR) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,357 shares of the insurance provider’s stock after selling 523 shares during the quarter. Voya Investment Management LLC’s holdings in Kemper were worth $489,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new position in Kemper during the fourth quarter worth $234,000. Khrom Capital Management LLC lifted its position in Kemper by 0.5% in the 4th quarter. Khrom Capital Management LLC now owns 440,541 shares of the insurance provider’s stock valued at $29,270,000 after acquiring an additional 2,077 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Kemper by 212.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,752 shares of the insurance provider’s stock valued at $714,000 after purchasing an additional 7,310 shares during the last quarter. Mirabella Financial Services LLP boosted its stake in Kemper by 53.1% during the 4th quarter. Mirabella Financial Services LLP now owns 93,776 shares of the insurance provider’s stock valued at $6,230,000 after purchasing an additional 32,523 shares during the last quarter. Finally, MetLife Investment Management LLC raised its stake in shares of Kemper by 8.4% in the fourth quarter. MetLife Investment Management LLC now owns 33,943 shares of the insurance provider’s stock worth $2,255,000 after purchasing an additional 2,643 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut their target price on Kemper from $86.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $79.40.

Kemper Price Performance

Shares of NYSE KMPR opened at $64.16 on Friday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $4.11 billion, a PE ratio of 13.07 and a beta of 1.26. The stock’s 50 day moving average price is $62.32 and its 200-day moving average price is $65.28. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01.

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

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Monday, May 19th. Kemper’s dividend payout ratio is 26.07%.

Kemper 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.