53,067 Shares in Kemper Corporation $KMPR Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in Kemper Corporation (NYSE:KMPR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 53,067 shares of the insurance provider’s stock, valued at approximately $1,622,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. State of Wyoming raised its holdings in Kemper by 4.7% during the 2nd quarter. State of Wyoming now owns 4,431 shares of the insurance provider’s stock worth $286,000 after purchasing an additional 199 shares during the last quarter. M&T Bank Corp boosted its stake in shares of Kemper by 7.9% in the 2nd quarter. M&T Bank Corp now owns 4,863 shares of the insurance provider’s stock valued at $314,000 after purchasing an additional 355 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Kemper by 27.0% during the first quarter. Acadian Asset Management LLC now owns 1,737 shares of the insurance provider’s stock worth $115,000 after buying an additional 369 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Kemper by 24.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,969 shares of the insurance provider’s stock worth $80,000 after buying an additional 389 shares during the period. Finally, Huntington National Bank raised its stake in Kemper by 187.1% during the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after buying an additional 421 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

KMPR has been the topic of several recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Kemper in a report on Friday, June 12th. UBS Group decreased their price target on Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a report on Monday, May 11th. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Finally, Piper Sandler dropped their price objective on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Kemper currently has a consensus rating of “Reduce” and an average target price of $51.75.

Kemper Price Performance

Kemper stock opened at $29.14 on Friday. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 47.00 and a beta of 1.04. Kemper Corporation has a 52-week low of $22.69 and a 52-week high of $62.47. 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 stock’s 50 day moving average price is $27.65 and its two-hundred day moving average price is $32.05.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.60). Kemper had a net margin of 0.89% and a return on equity of 4.80%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the firm earned $1.65 EPS. The business’s revenue was down 7.2% compared to the same quarter last year. On average, equities analysts predict that Kemper Corporation will post 2.03 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, May 18th. Kemper’s dividend payout ratio (DPR) is presently 206.45%.

Kemper 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.