Corient Private Wealth LLC Buys Shares of 42,527 Kemper Corporation $KMPR

Corient Private Wealth LLC purchased a new position in shares of Kemper Corporation (NYSE:KMPR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 42,527 shares of the insurance provider’s stock, valued at approximately $1,724,000. Corient Private Wealth LLC owned approximately 0.07% of Kemper at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Huntington National Bank increased its stake in shares of Kemper by 187.1% during the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 421 shares during the period. Signaturefd LLC acquired a new stake in Kemper in the fourth quarter worth approximately $32,000. Danske Bank A S acquired a new stake in Kemper in the third quarter worth approximately $36,000. Farther Finance Advisors LLC boosted its stake in Kemper by 11,455.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,040 shares of the insurance provider’s stock valued at $42,000 after purchasing an additional 1,031 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Kemper by 57.5% during the 4th quarter. UMB Bank n.a. now owns 1,388 shares of the insurance provider’s stock valued at $56,000 after purchasing an additional 507 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Price Performance

Shares of NYSE:KMPR opened at $26.99 on Wednesday. Kemper Corporation has a one year low of $22.69 and a one year high of $64.96. The stock has a fifty day moving average of $28.23 and a 200-day moving average of $32.64. The company has a market capitalization of $1.59 billion, a PE ratio of 43.53 and a beta of 1.06. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Kemper had a return on equity of 4.80% and a net margin of 0.89%.The business’s revenue was down 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 earnings per share. As a group, equities analysts anticipate that Kemper Corporation will post 2.03 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were given a $0.32 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.7%. Kemper’s dividend payout ratio (DPR) is 206.45%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KMPR. Weiss Ratings restated a “sell (d+)” rating on shares of Kemper in a report on Friday, June 12th. UBS Group decreased their target price on Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Finally, Piper Sandler dropped their price target on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $51.75.

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.