PKS Advisory Services LLC Purchases Shares of 3,500 Kemper Co. (NYSE:KMPR)

PKS Advisory Services LLC acquired a new position in shares of Kemper Co. (NYSE:KMPR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,500 shares of the insurance provider’s stock, valued at approximately $233,000.

Several other institutional investors and hedge funds also recently made changes to their positions in KMPR. Arizona State Retirement System boosted its stake in Kemper by 0.9% in the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider’s stock valued at $1,242,000 after purchasing an additional 161 shares during the period. GAMMA Investing LLC boosted its position in shares of Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 174 shares during the period. Pacer Advisors Inc. grew its stake in shares of Kemper by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider’s stock valued at $597,000 after acquiring an additional 190 shares in the last quarter. Atom Investors LP increased its position in Kemper by 1.1% during the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider’s stock worth $1,178,000 after acquiring an additional 208 shares during the period. Finally, American Century Companies Inc. raised its stake in Kemper by 2.5% in the 4th quarter. American Century Companies Inc. now owns 13,551 shares of the insurance provider’s stock worth $900,000 after purchasing an additional 334 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on KMPR shares. Piper Sandler upped their price target on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Finally, Raymond James raised their target price on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $81.60.

Kemper Stock Performance

Shares of Kemper stock opened at $67.71 on Wednesday. The company’s 50 day moving average price is $66.56 and its two-hundred day moving average price is $65.52. The firm has a market capitalization of $4.33 billion, a P/E ratio of 13.79 and a beta of 0.88. Kemper Co. has a fifty-two week low of $54.11 and a fifty-two week high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. On average, equities analysts forecast that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.32 per share. This is a boost from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s payout ratio is 26.07%.

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.