Eagle Global Advisors LLC grew its holdings in Kemper Co. (NYSE:KMPR – Free Report) by 287.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 159,060 shares of the insurance provider’s stock after buying an additional 118,000 shares during the period. Eagle Global Advisors LLC’s holdings in Kemper were worth $10,568,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in Kemper by 141.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after buying an additional 352 shares during the last quarter. Clean Yield Group acquired a new position in shares of Kemper in the fourth quarter worth approximately $45,000. GAMMA Investing LLC boosted its position in shares of Kemper by 32.2% during the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 174 shares in the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of Kemper during the fourth quarter valued at approximately $63,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Kemper during the third quarter valued at approximately $82,000. 86.23% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on KMPR. Piper Sandler raised their price objective on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $81.60.
Kemper Stock Performance
Shares of Kemper stock opened at $61.59 on Wednesday. The business has a fifty day simple moving average of $62.60 and a two-hundred day simple moving average of $65.30. The firm has a market capitalization of $3.94 billion, a P/E ratio of 12.54 and a beta of 1.26. 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 Co. has a 12 month low of $53.57 and a 12 month high of $73.01.
Kemper (NYSE:KMPR – Get Free Report) last released 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 net margin of 6.85% and a return on equity of 14.11%. On average, equities analysts forecast that Kemper Co. will post 6.03 earnings per share for the current fiscal year.
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.
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