Brandywine Global Investment Management LLC trimmed its stake in Kemper Corp (NYSE:KMPR) by 12.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 155,111 shares of the insurance provider’s stock after selling 22,715 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.30% of Kemper worth $10,688,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of KMPR. Aperio Group LLC grew its holdings in shares of Kemper by 20.3% in the 3rd quarter. Aperio Group LLC now owns 10,477 shares of the insurance provider’s stock worth $555,000 after acquiring an additional 1,769 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of Kemper during the third quarter valued at $459,000. State of Tennessee Treasury Department purchased a new position in shares of Kemper during the third quarter valued at $5,300,000. American Century Companies Inc. purchased a new position in shares of Kemper during the third quarter valued at $562,000. Finally, Principal Financial Group Inc. grew its holdings in shares of Kemper by 3.0% during the third quarter. Principal Financial Group Inc. now owns 205,102 shares of the insurance provider’s stock valued at $10,871,000 after buying an additional 5,916 shares in the last quarter. Institutional investors and hedge funds own 58.47% of the company’s stock.
Kemper Corp (KMPR) opened at $58.00 on Wednesday. Kemper Corp has a twelve month low of $36.35 and a twelve month high of $71.52. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $3,023.46, a price-to-earnings ratio of 24.89 and a beta of 1.10.
KMPR has been the topic of a number of research analyst reports. ValuEngine downgraded Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Kemper from a “hold” rating to a “strong-buy” rating and set a $79.00 price target on the stock in a report on Wednesday, December 13th. Finally, William Blair upgraded Kemper from a “market perform” rating to an “outperform” rating in a report on Thursday, February 15th. One research analyst has rated the stock with a hold rating, one has given a buy rating and four have assigned a strong buy rating to the company’s stock. Kemper has a consensus rating of “Strong Buy” and an average price target of $67.50.
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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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