Boston Partners Grows Stock Holdings in Kemper Co. (NYSE:KMPR)

Boston Partners increased its stake in shares of Kemper Co. (NYSE:KMPR) by 161.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,432 shares of the insurance provider’s stock after purchasing an additional 162,508 shares during the period. Boston Partners owned approximately 0.41% of Kemper worth $16,297,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in KMPR. Handelsbanken Fonder AB increased its holdings in Kemper by 20.5% during the fourth quarter. Handelsbanken Fonder AB now owns 10,573 shares of the insurance provider’s stock valued at $515,000 after buying an additional 1,800 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Kemper by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock worth $118,827,000 after purchasing an additional 83,618 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Kemper by 5.7% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 260,290 shares of the insurance provider’s stock worth $12,668,000 after purchasing an additional 14,080 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Kemper by 872.8% in the first quarter. International Assets Investment Management LLC now owns 88,025 shares of the insurance provider’s stock worth $5,451,000 after purchasing an additional 78,976 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Kemper in the fourth quarter worth $873,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JMP Securities increased their price objective on shares of Kemper from $75.00 to $80.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Kemper presently has an average rating of “Buy” and an average price target of $71.40.

Insider Buying and Selling at Kemper

In other news, Director Gerald Laderman bought 5,000 shares of Kemper stock in a transaction dated Friday, May 10th. The shares were acquired at an average price of $61.01 per share, with a total value of $305,050.00. Following the completion of the purchase, the director now owns 16,700 shares in the company, valued at approximately $1,018,867. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.20% of the stock is owned by company insiders.

Kemper Price Performance

KMPR stock traded up $0.48 during trading on Friday, hitting $63.67. 493,420 shares of the company’s stock traded hands, compared to its average volume of 356,730. Kemper Co. has a 52 week low of $38.32 and a 52 week high of $65.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.21 and a current ratio of 0.21. The business has a fifty day simple moving average of $60.29 and a 200 day simple moving average of $59.24. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of -33.51 and a beta of 0.89.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, May 1st. The insurance provider reported $1.07 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.02). Kemper had a negative net margin of 2.52% and a positive return on equity of 3.03%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the business earned ($1.02) EPS. Kemper’s revenue for the quarter was down 11.7% compared to the same quarter last year. As a group, research analysts expect that Kemper Co. will post 4.67 EPS for the current fiscal year.

Kemper Company Profile

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.