Quantinno Capital Management LP Boosts Position in Kemper Co. (NYSE:KMPR)

Quantinno Capital Management LP grew its holdings in shares of Kemper Co. (NYSE:KMPR) by 27.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,454 shares of the insurance provider’s stock after buying an additional 2,918 shares during the quarter. Quantinno Capital Management LP’s holdings in Kemper were worth $824,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in KMPR. Vaughan Nelson Investment Management L.P. boosted its position in Kemper by 65.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock worth $37,012,000 after purchasing an additional 246,184 shares during the period. Dynamic Technology Lab Private Ltd raised its holdings in shares of Kemper by 244.2% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 18,853 shares of the insurance provider’s stock valued at $1,155,000 after buying an additional 13,376 shares during the period. Westfield Capital Management Co. LP raised its holdings in shares of Kemper by 81.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock valued at $51,333,000 after buying an additional 375,324 shares during the period. Verition Fund Management LLC lifted its position in Kemper by 7.0% during the 3rd quarter. Verition Fund Management LLC now owns 108,355 shares of the insurance provider’s stock worth $6,637,000 after acquiring an additional 7,127 shares in the last quarter. Finally, Natixis Advisors LLC boosted its holdings in Kemper by 50.6% in the 2nd quarter. Natixis Advisors LLC now owns 68,604 shares of the insurance provider’s stock worth $4,070,000 after acquiring an additional 23,043 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KMPR. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. JMP Securities reiterated a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. Finally, TD Cowen raised their target price on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Kemper currently has an average rating of “Buy” and an average price target of $79.00.

Kemper Price Performance

Shares of KMPR stock opened at $67.71 on Friday. The firm has a fifty day moving average of $66.55 and a two-hundred day moving average of $62.73. The firm has a market cap of $4.34 billion, a P/E ratio of 16.12 and a beta of 0.88. Kemper Co. has a 1-year low of $47.12 and a 1-year high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22.

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

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio is currently 29.52%.

Kemper 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.