GenTrust LLC Buys Shares of 19,372 Kemper Corporation $KMPR

GenTrust LLC purchased a new position in Kemper Corporation (NYSE:KMPR) during the third quarter, HoldingsChannel reports. The fund purchased 19,372 shares of the insurance provider’s stock, valued at approximately $999,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KMPR. Hantz Financial Services Inc. boosted its position in Kemper by 1,098.0% during the third quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 538 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Kemper by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after buying an additional 278 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of Kemper in the 3rd quarter worth about $36,000. IFP Advisors Inc grew its stake in Kemper by 651.6% in the 2nd quarter. IFP Advisors Inc now owns 699 shares of the insurance provider’s stock valued at $45,000 after acquiring an additional 606 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in Kemper by 194.6% during the 3rd quarter. UMB Bank n.a. now owns 881 shares of the insurance provider’s stock valued at $45,000 after acquiring an additional 582 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Piper Sandler reduced their price target on shares of Kemper from $50.00 to $35.00 and set an “underweight” rating on the stock in a report on Thursday, November 6th. UBS Group set a $56.00 target price on Kemper in a research note on Monday, February 9th. Citigroup cut Kemper to a “market perform” rating in a report on Thursday, February 5th. Citizens Jmp downgraded Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 5th. Finally, Zacks Research upgraded Kemper from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $56.50.

Kemper Price Performance

Shares of NYSE:KMPR opened at $32.08 on Friday. The company has a market cap of $1.88 billion, a P/E ratio of 14.65 and a beta of 1.14. The business has a fifty day simple moving average of $38.77 and a 200-day simple moving average of $45.04. Kemper Corporation has a 52 week low of $30.05 and a 52 week high of $69.83. The company has a quick ratio of 0.19, a current ratio of 0.18 and a debt-to-equity ratio of 0.35.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.60). The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. Kemper had a return on equity of 8.02% and a net margin of 2.99%.The firm’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.78 earnings per share. Equities research analysts forecast that Kemper Corporation will post 6.03 EPS for the current year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Tuesday, February 17th. Kemper’s payout ratio is presently 58.45%.

About Kemper

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.