BKM Wealth Management LLC Purchases Shares of 3,040 Kemper Co. (NYSE:KMPR)

BKM Wealth Management LLC purchased a new stake in shares of Kemper Co. (NYSE:KMPRFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,040 shares of the insurance provider’s stock, valued at approximately $148,000.

A number of other large investors also recently added to or reduced their stakes in the business. Teachers Retirement System of The State of Kentucky boosted its position in shares of Kemper by 95.6% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 21,624 shares of the insurance provider’s stock valued at $909,000 after acquiring an additional 10,570 shares during the last quarter. Citigroup Inc. grew its stake in shares of Kemper by 194.1% in the 3rd quarter. Citigroup Inc. now owns 17,005 shares of the insurance provider’s stock worth $715,000 after buying an additional 11,222 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Kemper by 3.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock worth $173,408,000 after buying an additional 150,584 shares during the last quarter. American Century Companies Inc. raised its position in shares of Kemper by 2.1% during the 3rd quarter. American Century Companies Inc. now owns 12,059 shares of the insurance provider’s stock valued at $507,000 after buying an additional 251 shares in the last quarter. Finally, Comerica Bank bought a new position in shares of Kemper in the 3rd quarter valued at about $2,380,000. 78.93% of the stock is owned by hedge funds and other institutional investors.

Kemper Trading Down 0.9 %

Shares of NYSE KMPR opened at $58.13 on Wednesday. Kemper Co. has a 52 week low of $38.32 and a 52 week high of $63.07. The business’s 50 day moving average price is $57.81 and its 200 day moving average price is $49.33. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.55.

Kemper (NYSE:KMPRGet Free Report) last issued its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. On average, equities analysts predict that Kemper Co. will post 4.14 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 16th. This represents a $1.24 annualized dividend and a dividend yield of 2.13%. Kemper’s dividend payout ratio is presently -29.18%.

Analysts Set New Price Targets

A number of research firms have weighed in on KMPR. UBS Group boosted their price objective on shares of Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, February 5th. TD Cowen initiated coverage on Kemper in a research report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price target on the stock. Raymond James upped their price target on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, Piper Sandler upped their target price on Kemper from $56.00 to $66.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Kemper has a consensus rating of “Buy” and an average price target of $70.67.

View Our Latest Analysis on Kemper

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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