Kemper Co. (NYSE:KMPR) Shares Sold by Regent Peak Wealth Advisors LLC

Regent Peak Wealth Advisors LLC reduced its holdings in Kemper Co. (NYSE:KMPR) by 11.0% during the 4th quarter, Holdings Channel reports. The fund 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).

Several other institutional investors and hedge funds have also modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after buying an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after buying an additional 559 shares during the last quarter. Quarry LP boosted its stake in Kemper by 105.1% during the second quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after buying an additional 329 shares during the last quarter. Clean Yield Group purchased a new stake in Kemper in the 4th quarter valued at $45,000. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Kemper in the 3rd quarter worth $46,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Price Performance

Shares of KMPR opened at $65.26 on Tuesday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper Co. has a twelve month low of $53.46 and a twelve month high of $73.01. The firm has a market capitalization of $4.18 billion, a price-to-earnings ratio of 15.54 and a beta of 0.88. The firm’s fifty day simple moving average is $67.69 and its 200-day simple moving average is $64.00.

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

Kemper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Monday, November 18th. Kemper’s dividend payout ratio (DPR) is 29.52%.

Wall Street Analysts Forecast Growth

KMPR has been the topic of several analyst reports. Raymond James lifted their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research report on Thursday, December 26th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. TD Cowen increased their price target on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $80.40.

Kemper 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.