Aptus Capital Advisors LLC Has $3.99 Million Stock Position in Kemper Co. (NYSE:KMPR)

Aptus Capital Advisors LLC grew its stake in shares of Kemper Co. (NYSE:KMPR) by 31.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,146 shares of the insurance provider’s stock after acquiring an additional 15,548 shares during the period. Aptus Capital Advisors LLC’s holdings in Kemper were worth $3,990,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Lord Abbett & CO. LLC lifted its position in Kemper by 3.0% during the first quarter. Lord Abbett & CO. LLC now owns 791,145 shares of the insurance provider’s stock worth $48,988,000 after acquiring an additional 23,285 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Kemper by 65.2% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock worth $37,012,000 after purchasing an additional 246,184 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Kemper by 12.7% during the first quarter. Janus Henderson Group PLC now owns 515,487 shares of the insurance provider’s stock worth $31,919,000 after purchasing an additional 57,979 shares during the period. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Kemper by 84.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider’s stock worth $2,472,000 after purchasing an additional 18,290 shares during the period. Finally, Boston Partners increased its holdings in shares of Kemper by 161.0% during the first quarter. Boston Partners now owns 263,432 shares of the insurance provider’s stock worth $16,297,000 after purchasing an additional 162,508 shares during the period. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Stock Performance

Shares of NYSE:KMPR opened at $69.77 on Thursday. The company’s 50 day simple moving average is $62.31 and its 200 day simple moving average is $61.13. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of 16.61 and a beta of 0.85. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. Kemper Co. has a 1 year low of $40.05 and a 1 year high of $70.24.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the business posted ($0.44) earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. As a group, research analysts predict that Kemper Co. will post 5.17 EPS for the current fiscal year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be given a $0.31 dividend. The ex-dividend date is Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.78%. Kemper’s dividend payout ratio is currently 29.52%.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Raymond James raised their target price on shares of Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 8th. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Piper Sandler raised their target price on shares of Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. UBS Group lifted their price objective on shares of Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Finally, JMP Securities reissued a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. Five equities research 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, Kemper presently has a consensus rating of “Buy” and a consensus target price of $76.20.

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.