GSA Capital Partners LLP decreased its holdings in Kemper Corp (NYSE:KMPR) by 58.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,837 shares of the insurance provider’s stock after selling 20,887 shares during the quarter. GSA Capital Partners LLP’s holdings in Kemper were worth $1,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMPR. Centaurus Financial Inc. bought a new position in Kemper in the 1st quarter valued at about $138,000. James Investment Research Inc. bought a new position in Kemper in the 2nd quarter valued at about $153,000. Spectrum Management Group Inc. lifted its position in Kemper by 354.7% in the 1st quarter. Spectrum Management Group Inc. now owns 3,183 shares of the insurance provider’s stock valued at $181,000 after acquiring an additional 2,483 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in Kemper in the 1st quarter valued at about $208,000. Finally, Gateway Investment Advisers LLC bought a new position in Kemper in the 2nd quarter valued at about $214,000. 52.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE KMPR opened at $84.40 on Friday. Kemper Corp has a fifty-two week low of $45.60 and a fifty-two week high of $84.90. The stock has a market capitalization of $5.36 billion, a P/E ratio of 51.46 and a beta of 1.13. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Monday, July 30th. The insurance provider reported $0.70 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.03. The business had revenue of $741.90 million for the quarter, compared to analysts’ expectations of $706.27 million. Kemper had a net margin of 6.24% and a return on equity of 7.80%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. sell-side analysts expect that Kemper Corp will post 4.55 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 27th. Shareholders of record on Monday, August 13th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, August 10th. This represents a $0.96 annualized dividend and a yield of 1.14%. Kemper’s dividend payout ratio (DPR) is 58.54%.

Several equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of Kemper from a “buy” rating to a “hold” rating in a research report on Friday, July 27th. ValuEngine cut shares of Kemper from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd.

In other Kemper news, VP Carl Thomas Jr. Evans sold 2,000 shares of the stock in a transaction dated Friday, August 24th. The shares were sold at an average price of $78.70, for a total value of $157,400.00. Following the completion of the sale, the vice president now owns 965 shares in the company, valued at approximately $75,945.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP John Michael Boschelli sold 20,250 shares of the stock in a transaction dated Tuesday, August 7th. The shares were sold at an average price of $76.50, for a total transaction of $1,549,125.00. Following the completion of the sale, the senior vice president now owns 20,789 shares of the company’s stock, valued at approximately $1,590,358.50. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

About Kemper

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.

See Also: Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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