Kemper Co. (NYSE:KMPR) Shares Sold by Sei Investments Co.

Sei Investments Co. reduced its stake in shares of Kemper Co. (NYSE:KMPR) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,641 shares of the insurance provider’s stock after selling 2,589 shares during the period. Sei Investments Co. owned about 0.12% of Kemper worth $5,092,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of KMPR. EverSource Wealth Advisors LLC grew its position in shares of Kemper by 141.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock worth $40,000 after acquiring an additional 352 shares in the last quarter. Clean Yield Group bought a new position in Kemper during the fourth quarter worth $45,000. GAMMA Investing LLC boosted its holdings in Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 174 shares during the period. Parkside Financial Bank & Trust bought a new stake in Kemper during the fourth quarter valued at $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Kemper during the third quarter worth $82,000. Institutional investors own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on KMPR shares. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Raymond James upped their target price on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. Finally, Piper Sandler raised their price target on Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $81.60.

Kemper Stock Performance

Shares of NYSE KMPR opened at $67.31 on Wednesday. Kemper Co. has a 12-month low of $54.11 and a 12-month high of $73.01. The company has a market cap of $4.31 billion, a PE ratio of 13.71 and a beta of 0.88. The stock has a 50 day simple moving average of $66.74 and a 200-day simple moving average of $65.79. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. On average, equities research analysts forecast that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date was Tuesday, February 18th. This is a positive change from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio (DPR) is currently 26.07%.

Kemper Company 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.