Versor Investments LP Sells 19,873 Shares of Kemper Corporation $KMPR

Versor Investments LP trimmed its holdings in Kemper Corporation (NYSE:KMPR) by 68.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,095 shares of the insurance provider’s stock after selling 19,873 shares during the quarter. Versor Investments LP’s holdings in Kemper were worth $469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its holdings in shares of Kemper by 1,098.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after buying an additional 538 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Kemper by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 278 shares during the period. IFP Advisors Inc boosted its stake in Kemper by 651.6% during the second quarter. IFP Advisors Inc now owns 699 shares of the insurance provider’s stock worth $45,000 after acquiring an additional 606 shares in the last quarter. UMB Bank n.a. grew its holdings in Kemper by 194.6% in the third quarter. UMB Bank n.a. now owns 881 shares of the insurance provider’s stock worth $45,000 after purchasing an additional 582 shares during the period. Finally, Covestor Ltd increased its stake in Kemper by 178.6% in the third quarter. Covestor Ltd now owns 1,078 shares of the insurance provider’s stock valued at $56,000 after purchasing an additional 691 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Ratings Changes

KMPR has been the topic of a number of research analyst reports. Zacks Research raised shares of Kemper from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Piper Sandler cut their price target on Kemper from $50.00 to $35.00 and set an “underweight” rating on the stock in a report on Thursday, November 6th. William Blair downgraded Kemper from a “market perform” rating to an “underperform” rating in a report on Thursday, December 18th. Citizens Jmp cut Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Kemper in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $56.50.

Kemper Price Performance

KMPR opened at $32.37 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.18 and a quick ratio of 0.19. The firm’s fifty day moving average price is $38.92 and its two-hundred day moving average price is $45.34. Kemper Corporation has a 1 year low of $30.05 and a 1 year high of $69.83. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 14.78 and a beta of 1.14.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.60). Kemper had a net margin of 2.99% and a return on equity of 8.02%. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business posted $1.78 EPS. The company’s quarterly revenue was down 4.7% on a year-over-year basis. As a group, analysts anticipate that Kemper Corporation will post 6.03 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.28 annualized dividend and a yield of 4.0%. Kemper’s payout ratio is currently 58.45%.

About Kemper

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.