Tudor Investment Corp ET AL Increases Stock Position in Kemper Corporation $KMPR

Tudor Investment Corp ET AL grew its holdings in shares of Kemper Corporation (NYSE:KMPR) by 64.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 223,403 shares of the insurance provider’s stock after purchasing an additional 87,272 shares during the period. Tudor Investment Corp ET AL owned approximately 0.38% of Kemper worth $11,516,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of KMPR. Allworth Financial LP lifted its holdings in shares of Kemper by 46.1% in the 3rd quarter. Allworth Financial LP now owns 1,794 shares of the insurance provider’s stock valued at $92,000 after buying an additional 566 shares during the period. Alpine Global Management LLC acquired a new position in Kemper during the third quarter worth $432,000. Danske Bank A S purchased a new position in Kemper in the third quarter worth $36,000. Caitong International Asset Management Co. Ltd raised its position in Kemper by 575.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,580 shares of the insurance provider’s stock worth $81,000 after acquiring an additional 1,346 shares in the last quarter. Finally, Armistice Capital LLC acquired a new stake in Kemper in the third quarter valued at $299,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Trading Up 0.0%

Shares of KMPR stock opened at $30.62 on Monday. The stock has a market cap of $1.80 billion, a P/E ratio of 13.98 and a beta of 1.14. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.35. Kemper Corporation has a fifty-two week low of $28.41 and a fifty-two week high of $66.23. The business has a fifty day simple moving average of $32.47 and a 200-day simple moving average of $39.28.

Kemper (NYSE:KMPR) last released 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). The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Kemper had a return on equity of 8.02% and a net margin of 2.99%.During the same quarter in the prior year, the firm earned $1.78 earnings per share. Kemper’s quarterly revenue was down 4.7% on a year-over-year basis. On average, analysts forecast that Kemper Corporation will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, February 17th. Kemper’s dividend payout ratio is 58.45%.

Wall Street Analysts Forecast Growth

KMPR has been the topic of a number of recent analyst reports. UBS Group set a $56.00 price target on shares of Kemper in a research note on Monday, February 9th. Zacks Research downgraded shares of Kemper from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. Citizens Jmp lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 5th. William Blair cut shares of Kemper from a “market perform” rating to an “underperform” rating in a report on Thursday, December 18th. Finally, Wall Street Zen downgraded shares of Kemper from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Kemper has a consensus rating of “Reduce” and a consensus target price of $56.50.

Kemper Profile

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.