Kemper Co. (NYSE:KMPR) Shares Sold by Jump Financial LLC

Jump Financial LLC lowered its stake in shares of Kemper Co. (NYSE:KMPR) by 71.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,145 shares of the insurance provider’s stock after selling 29,755 shares during the period. Jump Financial LLC’s holdings in Kemper were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Jane Street Group LLC increased its stake in Kemper by 565.8% during the 3rd quarter. Jane Street Group LLC now owns 41,094 shares of the insurance provider’s stock worth $2,517,000 after buying an additional 34,922 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Kemper by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 543,044 shares of the insurance provider’s stock worth $36,080,000 after acquiring an additional 28,807 shares during the last quarter. Blue Trust Inc. increased its position in shares of Kemper by 44.6% during the fourth quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider’s stock worth $197,000 after purchasing an additional 993 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Kemper by 102.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 201,756 shares of the insurance provider’s stock valued at $12,358,000 after purchasing an additional 102,339 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Kemper by 27.2% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 5,717 shares of the insurance provider’s stock valued at $380,000 after purchasing an additional 1,221 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on KMPR. Raymond James increased 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. Piper Sandler increased their price objective on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $81.60.

Kemper Price Performance

Kemper stock opened at $55.21 on Tuesday. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The stock has a market cap of $3.53 billion, a P/E ratio of 11.24 and a beta of 1.05. The company has a 50-day moving average price of $64.06 and a 200 day moving average price of $65.49. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Sell-side analysts anticipate that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a yield of 2.32%. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio is presently 26.07%.

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.