105,293 Shares in Kemper Corporation $KMPR Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new stake in shares of Kemper Corporation (NYSE:KMPR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 105,293 shares of the insurance provider’s stock, valued at approximately $2,839,000. GSA Capital Partners LLP owned 0.18% of Kemper as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in Kemper by 40.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,780,270 shares of the insurance provider’s stock valued at $143,323,000 after purchasing an additional 795,131 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Kemper by 12.9% during the 3rd quarter. Wellington Management Group LLP now owns 2,776,543 shares of the insurance provider’s stock worth $143,131,000 after purchasing an additional 316,216 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Kemper by 6.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,472,276 shares of the insurance provider’s stock valued at $100,227,000 after buying an additional 140,539 shares during the last quarter. State Street Corp raised its position in shares of Kemper by 0.5% during the second quarter. State Street Corp now owns 2,212,025 shares of the insurance provider’s stock valued at $142,764,000 after buying an additional 10,213 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Kemper by 4.4% in the fourth quarter. Millennium Management LLC now owns 1,164,410 shares of the insurance provider’s stock valued at $47,205,000 after buying an additional 48,750 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Insider Transactions at Kemper

In related news, CFO Bradley T. Camden acquired 1,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $26.34 per share, with a total value of $26,340.00. Following the completion of the acquisition, the chief financial officer owned 51,259 shares in the company, valued at $1,350,162.06. The trade was a 1.99% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Carl Thomas Jr. Evans bought 1,000 shares of Kemper stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $26.53 per share, for a total transaction of $26,530.00. Following the purchase, the executive vice president directly owned 91,629 shares in the company, valued at $2,430,917.37. This represents a 1.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 14,000 shares of company stock valued at $367,880. 0.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Piper Sandler reduced their price objective on Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a research report on Thursday, May 7th. Weiss Ratings lowered Kemper from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 6th. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Finally, UBS Group cut their target price on Kemper from $44.00 to $43.00 and set a “buy” rating for the company in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $43.67.

Kemper Stock Up 1.8%

Shares of KMPR opened at $27.38 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $27.52 and a two-hundred day moving average price of $30.05. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of -3.26 and a beta of 1.04. Kemper Corporation has a 12 month low of $22.69 and a 12 month high of $54.90.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.11. Kemper had a positive return on equity of 2.89% and a negative net margin of 10.84%.The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the company posted $1.30 EPS. The company’s revenue was down 10.8% compared to the same quarter last year. Equities analysts predict that Kemper Corporation will post 1.97 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be paid a $0.32 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.28 annualized dividend and a yield of 4.7%. Kemper’s payout ratio is currently -15.24%.

Kemper Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.