Kemper Co. (NYSE:KMPR) Shares Sold by Inspire Investing LLC

Inspire Investing LLC trimmed its holdings in Kemper Co. (NYSE:KMPR) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,064 shares of the insurance provider’s stock after selling 658 shares during the period. Inspire Investing LLC’s holdings in Kemper were worth $403,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its position in shares of Kemper by 3.9% in the 3rd quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after buying an additional 79,622 shares during the period. Geode Capital Management LLC increased its holdings in Kemper by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock valued at $61,933,000 after purchasing an additional 9,412 shares in the last quarter. Westfield Capital Management Co. LP raised its position in Kemper by 81.1% in the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock valued at $51,333,000 after purchasing an additional 375,324 shares during the period. AQR Capital Management LLC lifted its stake in shares of Kemper by 254.1% during the second quarter. AQR Capital Management LLC now owns 349,822 shares of the insurance provider’s stock worth $20,398,000 after purchasing an additional 251,036 shares in the last quarter. Finally, Millennium Management LLC grew its stake in shares of Kemper by 1,336.4% in the second quarter. Millennium Management LLC now owns 340,948 shares of the insurance provider’s stock valued at $20,228,000 after buying an additional 317,212 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Stock Up 1.0 %

NYSE:KMPR opened at $65.40 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 15.57 and a beta of 0.88. Kemper Co. has a one year low of $54.11 and a one year high of $73.01. The stock has a 50-day simple moving average of $67.28 and a 200 day simple moving average of $64.14.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.34 by $0.28. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.44) EPS. Sell-side analysts predict that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.90%. Kemper’s dividend payout ratio (DPR) is 29.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on KMPR shares. StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Raymond James raised their target price on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. TD Cowen boosted their price target on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, JMP Securities restated a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $80.40.

About Kemper

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.