Analysts Set Kemper Co. (NYSE:KMPR) PT at $76.20

Shares of Kemper Co. (NYSE:KMPR) have been given an average recommendation of “Buy” by the five ratings firms that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $76.20.

KMPR has been the topic of a number of research reports. StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a research report on Sunday, September 8th. Piper Sandler boosted their price target on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. UBS Group increased their price target on Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Raymond James upped their price objective on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research note on Thursday, August 8th. Finally, JMP Securities raised their target price on Kemper from $80.00 to $85.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 6th.

Kemper Stock Up 0.2 %

KMPR stock opened at $60.49 on Monday. The stock has a market capitalization of $3.89 billion, a P/E ratio of -31.84 and a beta of 0.85. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $61.87 and a 200-day moving average price of $59.96. Kemper has a 12 month low of $38.32 and a 12 month high of $65.93.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Monday, August 5th. The insurance provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.19 by $0.23. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.02 billion. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The firm’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.26) EPS. As a group, equities research analysts anticipate that Kemper will post 5.17 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Monday, August 19th. Kemper’s dividend payout ratio is currently -65.26%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in Kemper in the fourth quarter worth $440,000. Charles Schwab Investment Management Inc. lifted its stake in Kemper by 4.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 429,998 shares of the insurance provider’s stock valued at $20,928,000 after purchasing an additional 18,247 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Kemper by 93.3% during the 4th quarter. BNP Paribas Financial Markets now owns 20,475 shares of the insurance provider’s stock valued at $997,000 after buying an additional 9,884 shares during the last quarter. Jump Financial LLC increased its holdings in Kemper by 137.0% in the 4th quarter. Jump Financial LLC now owns 17,254 shares of the insurance provider’s stock worth $840,000 after acquiring an additional 9,973 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Kemper by 3.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock valued at $118,827,000 after acquiring an additional 83,618 shares during the period. 86.23% of the stock is currently owned by institutional investors and hedge funds.

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.