Kemper Co. (NYSE:KMPR) Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd lowered its stake in shares of Kemper Co. (NYSE:KMPR) by 82.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,389 shares of the insurance provider’s stock after selling 15,464 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Kemper were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. FMR LLC lifted its holdings in shares of Kemper by 294.9% in the 3rd quarter. FMR LLC now owns 9,718 shares of the insurance provider’s stock valued at $595,000 after purchasing an additional 7,257 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Kemper by 158.0% in the third quarter. BNP Paribas Financial Markets now owns 12,097 shares of the insurance provider’s stock valued at $741,000 after buying an additional 7,409 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of Kemper in the third quarter valued at approximately $238,000. Quantinno Capital Management LP grew its position in shares of Kemper by 27.7% during the third quarter. Quantinno Capital Management LP now owns 13,454 shares of the insurance provider’s stock worth $824,000 after acquiring an additional 2,918 shares during the last quarter. Finally, State Street Corp grew its position in shares of Kemper by 3.9% during the third quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after acquiring an additional 79,622 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Stock Down 2.3 %

Shares of Kemper stock opened at $56.80 on Friday. The company has a market cap of $3.64 billion, a P/E ratio of 11.57 and a beta of 1.05. The firm has a fifty day moving average of $65.34 and a two-hundred day moving average of $65.62. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. Kemper Co. has a one year low of $53.57 and a one year high of $73.01.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, topping 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, analysts forecast that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.32 dividend. The ex-dividend date of this dividend 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 2.25%. Kemper’s payout ratio is 26.07%.

Analyst Ratings Changes

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

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.