Analysts Set Kemper Co. (NYSE:KMPR) PT at $81.60

Kemper Co. (NYSE:KMPR) has been assigned an average recommendation of “Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $81.60.

Several analysts have recently issued reports on the stock. Piper Sandler upped their target price 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. Raymond James upped their target price 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. TD Cowen upped their target price on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th.

Kemper Stock Up 3.3 %

KMPR opened at $68.57 on Monday. The firm has a 50-day simple moving average of $66.13 and a two-hundred day simple moving average of $65.27. Kemper has a 52 week low of $54.11 and a 52 week high of $73.01. The company has a market capitalization of $4.38 billion, a PE ratio of 13.97 and a beta of 0.88. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 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%. Analysts forecast that Kemper will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were given a $0.32 dividend. This is a positive change from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s dividend payout ratio is 26.07%.

Institutional Trading of Kemper

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Partners increased its position in shares of Kemper by 108.2% during the fourth quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock worth $73,363,000 after acquiring an additional 574,730 shares during the period. Westfield Capital Management Co. LP increased its position in shares of Kemper by 81.1% during the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock worth $51,333,000 after acquiring an additional 375,324 shares during the period. AQR Capital Management LLC increased its position in shares of Kemper by 69.2% during the fourth quarter. AQR Capital Management LLC now owns 916,195 shares of the insurance provider’s stock worth $60,661,000 after acquiring an additional 374,798 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Kemper during the fourth quarter worth approximately $23,325,000. Finally, Prudential Financial Inc. increased its position in shares of Kemper by 3,378.5% during the fourth quarter. Prudential Financial Inc. now owns 220,712 shares of the insurance provider’s stock worth $15,724,000 after acquiring an additional 214,367 shares during the period. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Company 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.