Assenagon Asset Management S.A. Buys 1,689 Shares of Kemper Co. (NYSE:KMPR)

Assenagon Asset Management S.A. grew its stake in shares of Kemper Co. (NYSE:KMPRFree Report) by 30.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,209 shares of the insurance provider’s stock after acquiring an additional 1,689 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Kemper were worth $303,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New South Capital Management Inc. increased its stake in Kemper by 119.1% in the 2nd quarter. New South Capital Management Inc. now owns 776,318 shares of the insurance provider’s stock worth $37,465,000 after acquiring an additional 421,955 shares during the last quarter. Vanguard Group Inc. grew its position in Kemper by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 5,825,369 shares of the insurance provider’s stock valued at $329,367,000 after acquiring an additional 297,632 shares during the last quarter. Norges Bank bought a new position in Kemper in the 4th quarter valued at $14,366,000. Goldman Sachs Group Inc. lifted its holdings in shares of Kemper by 168.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 359,333 shares of the insurance provider’s stock worth $17,212,000 after buying an additional 225,685 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of Kemper by 31.3% in the 2nd quarter. Victory Capital Management Inc. now owns 939,652 shares of the insurance provider’s stock worth $45,348,000 after buying an additional 223,903 shares during the period. 78.93% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Kemper news, Director George N. Cochran purchased 1,000 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of $42.75 per share, with a total value of $42,750.00. Following the purchase, the director now directly owns 26,622 shares in the company, valued at approximately $1,138,090.50. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Kemper news, Director George N. Cochran acquired 1,000 shares of the stock in a transaction dated Monday, November 27th. The stock was acquired at an average cost of $42.75 per share, with a total value of $42,750.00. Following the transaction, the director now owns 26,622 shares in the company, valued at approximately $1,138,090.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stuart B. Parker bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was purchased at an average cost of $41.40 per share, with a total value of $414,000.00. Following the completion of the transaction, the director now owns 48,152 shares in the company, valued at $1,993,492.80. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 16,400 shares of company stock valued at $691,758. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

KMPR has been the subject of a number of analyst reports. Piper Sandler upped their price objective on Kemper from $56.00 to $66.00 and gave the stock an “overweight” rating in a research note on Thursday, January 25th. UBS Group upped their price objective on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday. TD Cowen initiated coverage on Kemper in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price target for the company. Raymond James increased their price target on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Finally, JMP Securities decreased their price target on Kemper from $85.00 to $75.00 and set a “market outperform” rating for the company in a research note on Tuesday, October 24th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $70.67.

Read Our Latest Report on KMPR

Kemper Price Performance

Kemper stock opened at $57.69 on Thursday. Kemper Co. has a 12 month low of $38.32 and a 12 month high of $67.97. The business has a 50 day simple moving average of $51.84 and a 200-day simple moving average of $47.29. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.21 and a current ratio of 0.20.

Kemper Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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