Intech Investment Management LLC Has $7.46 Million Stock Holdings in Kemper Corporation $KMPR

Intech Investment Management LLC increased its holdings in shares of Kemper Corporation (NYSE:KMPR) by 833.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 184,009 shares of the insurance provider’s stock after purchasing an additional 164,291 shares during the period. Intech Investment Management LLC owned approximately 0.31% of Kemper worth $7,460,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hantz Financial Services Inc. lifted its position in shares of Kemper by 1,098.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 538 shares during the last quarter. Huntington National Bank boosted its holdings in Kemper by 187.1% in the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 421 shares during the period. Jones Financial Companies Lllp boosted its holdings in Kemper by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 278 shares during the period. Abich Financial Wealth Management LLC bought a new stake in Kemper in the 3rd quarter valued at $36,000. Finally, Danske Bank A S bought a new stake in Kemper in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analysts Set New Price Targets

KMPR has been the subject of a number of research reports. Citigroup downgraded shares of Kemper to a “market perform” rating in a report on Thursday, February 5th. Piper Sandler dropped their price objective on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a research note on Thursday, May 7th. Weiss Ratings cut shares of Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 17th. Zacks Research cut shares of Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen cut shares of Kemper from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kemper has an average rating of “Reduce” and an average price target of $51.75.

Kemper Trading Down 3.2%

Shares of KMPR stock opened at $24.62 on Friday. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 39.71 and a beta of 1.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a fifty day moving average of $30.83 and a 200-day moving average of $34.79. Kemper Corporation has a 52-week low of $24.40 and a 52-week high of $65.32.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Kemper had a return on equity of 4.80% and a net margin of 0.89%.The company’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.65 EPS. On average, equities research analysts forecast that Kemper Corporation will post 2.3 earnings per share for the current fiscal year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be given a dividend of $0.32 per share. The ex-dividend date is Monday, May 18th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.2%. Kemper’s dividend payout ratio (DPR) is 206.45%.

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.