Kemper Corporation $KMPR Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp lifted its stake in Kemper Corporation (NYSE:KMPR) by 7,146.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,229 shares of the insurance provider’s stock after buying an additional 50,522 shares during the period. Fifth Third Bancorp’s holdings in Kemper were worth $1,566,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Huntington National Bank grew its stake in Kemper by 187.1% during the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after buying an additional 421 shares during the last quarter. Signaturefd LLC acquired a new stake in Kemper during the 4th quarter worth $32,000. Danske Bank A S acquired a new stake in Kemper during the 3rd quarter worth $36,000. Rockefeller Capital Management L.P. grew its position in Kemper by 616.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock worth $38,000 after purchasing an additional 814 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position 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 worth $42,000 after purchasing an additional 1,031 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Trading Up 0.9%

Shares of Kemper stock opened at $27.70 on Friday. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 44.69 and a beta of 1.04. Kemper Corporation has a 52-week low of $22.69 and a 52-week high of $62.46. The company’s 50-day simple moving average is $27.03 and its 200-day simple moving average is $31.17. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.36.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). Kemper had a net margin of 0.89% and a return on equity of 4.80%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the firm posted $1.65 EPS. Kemper’s revenue for the quarter was down 7.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Kemper Corporation will post 1.94 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, May 18th. Kemper’s dividend payout ratio is currently 206.45%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on KMPR shares. Zacks Research cut shares of Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Kemper in a report on Friday, June 12th. Piper Sandler dropped their price target on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. Finally, UBS Group reduced their price objective on Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Kemper presently has an average rating of “Reduce” and an average price target of $51.75.

Kemper Company 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.