Y Intercept Hong Kong Ltd Has $1.17 Million Stake in Kemper Corporation $KMPR

Y Intercept Hong Kong Ltd grew its position in Kemper Corporation (NYSE:KMPR) by 133.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 22,738 shares of the insurance provider’s stock after purchasing an additional 13,004 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Kemper were worth $1,172,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its stake in Kemper by 39.9% in the first quarter. Integrated Wealth Concepts LLC now owns 4,933 shares of the insurance provider’s stock valued at $330,000 after acquiring an additional 1,406 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Kemper by 16.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 557,786 shares of the insurance provider’s stock valued at $37,288,000 after purchasing an additional 77,764 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Kemper during the 1st quarter worth $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Kemper by 4.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 198,248 shares of the insurance provider’s stock worth $13,253,000 after buying an additional 9,008 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Kemper by 112.7% during the 1st quarter. Jane Street Group LLC now owns 10,516 shares of the insurance provider’s stock worth $703,000 after buying an additional 5,573 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on KMPR. Piper Sandler decreased their target price on Kemper from $50.00 to $35.00 and set an “underweight” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Kemper in a report on Monday, December 29th. William Blair downgraded shares of Kemper from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 18th. Raymond James Financial lowered shares of Kemper from an “outperform” rating to a “market perform” rating and set a $60.00 target price on the stock. in a research report on Wednesday, October 15th. Finally, Zacks Research upgraded shares of Kemper from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $56.67.

Kemper Price Performance

KMPR stock opened at $39.40 on Friday. The company has a market capitalization of $2.31 billion, a P/E ratio of 10.29 and a beta of 1.15. The company has a fifty day moving average price of $39.87 and a 200-day moving average price of $46.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.19 and a current ratio of 0.19. Kemper Corporation has a 52-week low of $33.91 and a 52-week high of $72.25.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, November 5th. The insurance provider reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($1.00). The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. Kemper had a net margin of 5.13% and a return on equity of 11.48%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.62 earnings per share. As a group, equities analysts expect that Kemper Corporation will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, November 17th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, November 17th. Kemper’s dividend payout ratio (DPR) is 33.42%.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.