Thrivent Financial For Lutherans boosted its position in shares of Kemper Corporation (NYSE:KMPR) by 8.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,160 shares of the insurance provider’s stock after buying an additional 750 shares during the period. Thrivent Financial For Lutherans’ holdings in Kemper Corporation were worth $365,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Kemper Corporation during the fourth quarter valued at about $24,411,000. Wellington Management Group LLP raised its position in shares of Kemper Corporation by 6.3% in the first quarter. Wellington Management Group LLP now owns 2,492,739 shares of the insurance provider’s stock valued at $99,461,000 after buying an additional 147,995 shares during the period. Trexquant Investment LP bought a new position in shares of Kemper Corporation during the first quarter valued at about $851,000. Bank of New York Mellon Corp raised its position in shares of Kemper Corporation by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 587,789 shares of the insurance provider’s stock valued at $23,453,000 after buying an additional 17,651 shares during the period. Finally, Virginia Retirement Systems ET AL bought a new position in shares of Kemper Corporation during the first quarter valued at about $606,000. Hedge funds and other institutional investors own 55.00% of the company’s stock.
Kemper Corporation (NYSE KMPR) traded up 1.24% during mid-day trading on Friday, reaching $49.05. 203,439 shares of the company’s stock traded hands. The stock has a market capitalization of $2.52 billion, a PE ratio of 49.45 and a beta of 1.11. The stock has a 50-day moving average price of $42.16 and a 200-day moving average price of $40.82. Kemper Corporation has a 12-month low of $35.30 and a 12-month high of $50.00.
Kemper Corporation (NYSE:KMPR) last released its earnings results on Tuesday, August 1st. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.23. The firm had revenue of $684.40 million during the quarter, compared to analyst estimates of $641.20 million. Kemper Corporation had a net margin of 1.95% and a return on equity of 1.26%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS. Equities research analysts expect that Kemper Corporation will post $1.70 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 14th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.96%. Kemper Corporation’s dividend payout ratio (DPR) is presently 97.96%.
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KMPR has been the subject of several research reports. TheStreet upgraded shares of Kemper Corporation from a “c” rating to a “b” rating in a research report on Tuesday, August 1st. BidaskClub upgraded shares of Kemper Corporation from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. Finally, Zacks Investment Research raised shares of Kemper Corporation from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 11th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $55.50.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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