Rhumbline Advisers boosted its position in shares of Kemper Corp (NYSE:KMPR) by 1.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 176,350 shares of the insurance provider’s stock after purchasing an additional 2,710 shares during the period. Rhumbline Advisers’ holdings in Kemper were worth $13,427,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. Enlightenment Research LLC bought a new stake in shares of Kemper during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. raised its stake in shares of Kemper by 99.4% during the fourth quarter. Meeder Asset Management Inc. now owns 1,262 shares of the insurance provider’s stock worth $84,000 after buying an additional 629 shares during the last quarter. Ruggie Capital Group bought a new stake in shares of Kemper during the fourth quarter worth approximately $127,000. Quantamental Technologies LLC bought a new stake in shares of Kemper during the first quarter worth approximately $146,000. Finally, NumerixS Investment Technologies Inc raised its stake in shares of Kemper by 1,000.0% during the fourth quarter. NumerixS Investment Technologies Inc now owns 2,200 shares of the insurance provider’s stock worth $144,000 after buying an additional 2,000 shares during the last quarter. 68.73% of the stock is owned by hedge funds and other institutional investors.
A number of research analysts recently issued reports on KMPR shares. ValuEngine upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Zacks Investment Research upgraded shares of Kemper from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Tuesday, February 5th. Finally, JMP Securities boosted their price objective 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. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $86.00.
Shares of NYSE KMPR opened at $86.48 on Thursday. The company has a market cap of $5.54 billion, a P/E ratio of 19.79 and a beta of 1.22. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.33. Kemper Corp has a 52-week low of $61.57 and a 52-week high of $91.97.
Kemper (NYSE:KMPR) last released its quarterly earnings results on Monday, April 29th. The insurance provider reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.48 by $0.02. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a net margin of 6.83% and a return on equity of 10.47%. The business’s quarterly revenue was up 78.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 earnings per share. As a group, equities research analysts predict that Kemper Corp will post 5.72 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Monday, May 13th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Friday, May 10th. Kemper’s dividend payout ratio (DPR) is presently 22.88%.
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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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