Analysts Set Kemper Co. (NYSE:KMPR) PT at $81.60

Shares of Kemper Co. (NYSE:KMPR) have been given an average recommendation of “Buy” by the five brokerages that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $81.60.

Several equities analysts have recently commented on the stock. Piper Sandler boosted their target price on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Raymond James boosted their price target on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research note on Thursday, December 26th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th.

Institutional Investors Weigh In On Kemper

Several large investors have recently added to or reduced their stakes in KMPR. State Street Corp boosted its holdings in shares of Kemper by 3.9% in the 3rd quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after purchasing an additional 79,622 shares during the period. Ameriprise Financial Inc. raised its holdings in Kemper by 4.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,238,284 shares of the insurance provider’s stock valued at $82,271,000 after buying an additional 52,290 shares during the period. Boston Partners lifted its position in Kemper by 108.2% in the fourth quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock worth $73,363,000 after buying an additional 574,730 shares during the last quarter. No Street GP LP boosted its stake in Kemper by 5.3% during the fourth quarter. No Street GP LP now owns 1,100,000 shares of the insurance provider’s stock worth $73,084,000 after buying an additional 55,000 shares during the period. Finally, Geode Capital Management LLC increased its position in Kemper by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock valued at $61,933,000 after acquiring an additional 9,412 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

Kemper Trading Down 10.7 %

Shares of KMPR stock opened at $57.77 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a fifty day simple moving average of $66.62 and a two-hundred day simple moving average of $65.83. The firm has a market capitalization of $3.70 billion, a PE ratio of 11.77 and a beta of 1.05. Kemper has a 52-week low of $54.11 and a 52-week high of $73.01.

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

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were issued a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This is an increase from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.22%. Kemper’s payout ratio is 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.