Kemper (NYSE:KMPR) Hits New 1-Year High at $63.32

Kemper Co. (NYSE:KMPR)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $63.32 and last traded at $63.13, with a volume of 79212 shares changing hands. The stock had previously closed at $62.25.

Analyst Ratings Changes

KMPR has been the subject of a number of recent analyst reports. Piper Sandler boosted their target price on Kemper from $56.00 to $66.00 and gave the stock an “overweight” rating in a research report on Thursday, January 25th. Raymond James increased their price objective on shares of Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. UBS Group lifted their target price on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, TD Cowen started coverage on Kemper in a report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Kemper currently has a consensus rating of “Buy” and a consensus price target of $70.67.

Kemper Stock Performance

The company’s 50-day simple moving average is $58.78 and its two-hundred day simple moving average is $49.95. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20.

Kemper (NYSE:KMPR) last released its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. On average, equities analysts anticipate that Kemper Co. will post 4.14 EPS for the current year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.00%. Kemper’s dividend payout ratio (DPR) is presently -29.18%.

Hedge Funds Weigh In On Kemper

Large investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Kemper by 24.8% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider’s stock valued at $180,140,000 after buying an additional 852,100 shares in the last quarter. New South Capital Management Inc. raised its stake in shares of Kemper by 119.1% in the second quarter. New South Capital Management Inc. now owns 776,318 shares of the insurance provider’s stock valued at $37,465,000 after acquiring an additional 421,955 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Kemper by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 5,825,369 shares of the insurance provider’s stock worth $329,367,000 after acquiring an additional 297,632 shares during the last quarter. Norges Bank purchased a new position in shares of Kemper during the 4th quarter worth about $14,360,000. Finally, Goldman Sachs Group Inc. grew its holdings in Kemper by 168.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 359,333 shares of the insurance provider’s stock valued at $17,212,000 after purchasing an additional 225,685 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.