Northern Trust Corp trimmed its holdings in shares of Kemper Corp (NYSE:KMPR) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,086,896 shares of the insurance provider’s stock after selling 7,646 shares during the period. Northern Trust Corp owned approximately 1.68% of Kemper worth $72,148,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in KMPR. Oregon Public Employees Retirement Fund increased its holdings in shares of Kemper by 6,538.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,628,832 shares of the insurance provider’s stock valued at $25,000 after purchasing an additional 1,604,294 shares in the last quarter. Enlightenment Research LLC purchased a new position in shares of Kemper during the 4th quarter valued at approximately $27,000. Meeder Asset Management Inc. increased its holdings in shares of Kemper by 99.4% during the 4th quarter. Meeder Asset Management Inc. now owns 1,262 shares of the insurance provider’s stock valued at $84,000 after purchasing an additional 629 shares in the last quarter. Ruggie Capital Group purchased a new position in shares of Kemper during the 4th quarter valued at approximately $127,000. Finally, FMR LLC purchased a new position in shares of Kemper during the 3rd quarter valued at approximately $143,000. Institutional investors and hedge funds own 67.48% of the company’s stock.
Shares of NYSE KMPR opened at $80.15 on Friday. The firm has a market capitalization of $5.17 billion, a P/E ratio of 18.34 and a beta of 1.17. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.30. Kemper Corp has a one year low of $54.75 and a one year high of $87.00.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th were given a dividend of $0.25 per share. This is a boost from Kemper’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, February 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.25%. Kemper’s payout ratio is presently 22.88%.
KMPR has been the subject of several recent research reports. ValuEngine raised shares of Kemper from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a report on Tuesday, February 5th. Finally, JMP Securities lifted their target price on shares of Kemper from $78.00 to $82.00 and gave the company a “market outperform” rating in a report on Tuesday, February 12th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $82.33.
Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.
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