Regent Peak Wealth Advisors LLC Cuts Stock Position in Kemper Co. (NYSE:KMPR)

Regent Peak Wealth Advisors LLC trimmed its position in Kemper Co. (NYSE:KMPR) by 11.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,565 shares of the insurance provider’s stock after selling 811 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Kemper were worth $436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Oliver Luxxe Assets LLC boosted its holdings in shares of Kemper by 3.2% in the fourth quarter. Oliver Luxxe Assets LLC now owns 19,429 shares of the insurance provider’s stock valued at $1,291,000 after acquiring an additional 595 shares in the last quarter. GAMMA Investing LLC lifted its position in Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 174 shares during the period. JPMorgan Chase & Co. boosted its holdings in Kemper by 102.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 201,756 shares of the insurance provider’s stock valued at $12,358,000 after purchasing an additional 102,339 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Kemper during the 3rd quarter worth approximately $82,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Kemper during the 3rd quarter worth approximately $278,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Trading Down 0.3 %

Shares of KMPR stock traded down $0.20 during mid-day trading on Tuesday, hitting $64.92. 44,545 shares of the company’s stock were exchanged, compared to its average volume of 298,113. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of 15.46 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper Co. has a fifty-two week low of $48.44 and a fifty-two week high of $73.01. The stock has a 50-day simple moving average of $67.68 and a two-hundred day simple moving average of $63.60.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company posted ($0.44) EPS. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. Equities analysts expect that Kemper Co. will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were issued a dividend of $0.31 per share. The ex-dividend date was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.91%. Kemper’s payout ratio is 29.52%.

Analyst Ratings Changes

KMPR has been the topic of a number of analyst reports. Raymond James lifted their price target on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. StockNews.com downgraded shares of Kemper from a “buy” rating to a “hold” rating in a report on Thursday, December 26th. JMP Securities reissued a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. Finally, TD Cowen raised their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Kemper presently has an average rating of “Buy” and a consensus target price of $80.40.

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.