Kemper Co. (NYSE:KMPR) Receives $81.60 Consensus Price Target from Analysts

Shares of Kemper Co. (NYSE:KMPR) have earned a consensus rating of “Buy” from the five analysts that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $81.60.

Several equities analysts recently commented on the company. Raymond James upped their target price on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 26th. Piper Sandler upped their price objective on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. TD Cowen increased their price objective on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th.

Institutional Trading of Kemper

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Boston Partners lifted its position in Kemper by 108.2% during the fourth quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock valued at $73,363,000 after buying an additional 574,730 shares in the last quarter. Westfield Capital Management Co. LP raised its stake in shares of Kemper by 81.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock valued at $51,333,000 after acquiring an additional 375,324 shares during the period. AQR Capital Management LLC raised its stake in shares of Kemper by 69.2% in the 4th quarter. AQR Capital Management LLC now owns 916,195 shares of the insurance provider’s stock valued at $60,661,000 after acquiring an additional 374,798 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Kemper during the 4th quarter valued at $23,325,000. Finally, Prudential Financial Inc. boosted its position in Kemper by 3,378.5% during the 4th quarter. Prudential Financial Inc. now owns 220,712 shares of the insurance provider’s stock worth $15,724,000 after purchasing an additional 214,367 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Price Performance

Kemper stock opened at $65.53 on Monday. The stock has a market capitalization of $4.19 billion, a P/E ratio of 13.35 and a beta of 0.88. Kemper has a 12-month low of $54.11 and a 12-month high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The firm’s 50-day moving average is $66.07 and its two-hundred day moving average is $65.17.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping 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%. Equities analysts predict that Kemper will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a $0.32 dividend. This is a positive change from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s payout ratio is currently 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.