Regent Peak Wealth Advisors LLC Reduces Stake in Kemper Co. (NYSE:KMPR)

Regent Peak Wealth Advisors LLC reduced its stake in Kemper Co. (NYSE:KMPR) by 49.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,292 shares of the insurance provider’s stock after selling 3,273 shares during the quarter. Regent Peak Wealth Advisors LLC’s holdings in Kemper were worth $220,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in 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 last quarter. True Wealth Design LLC lifted its stake in shares of Kemper by 197.5% in the 4th quarter. True Wealth Design LLC now owns 717 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 476 shares during the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of Kemper in the 4th quarter valued at $63,000. BKM Wealth Management LLC acquired a new position in shares of Kemper in the 4th quarter valued at $202,000. Finally, Teza Capital Management LLC acquired a new position in shares of Kemper in the 4th quarter valued at $209,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Price Performance

KMPR opened at $63.89 on Friday. The stock’s 50-day moving average price is $61.03 and its 200 day moving average price is $64.90. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 13.01 and a beta of 1.30.

Kemper (NYSE:KMPR) last posted its 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 return on equity of 14.11% and a net margin of 6.85%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the company earned $1.07 EPS. Kemper’s revenue was up 4.4% on a year-over-year basis. As a group, sell-side analysts expect that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.00%. The ex-dividend date was Monday, May 19th. Kemper’s payout ratio is 23.93%.

Wall Street Analysts Forecast Growth

KMPR has been the topic of several recent analyst reports. Wall Street Zen lowered Kemper from a “strong-buy” rating to a “buy” rating in a research note on Friday. Piper Sandler decreased their price target on Kemper from $86.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $79.40.

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.