SG Americas Securities LLC decreased its holdings in shares of Kemper Co. (NYSE:KMPR – Free Report) by 21.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,943 shares of the insurance provider’s stock after selling 1,055 shares during the period. SG Americas Securities LLC’s holdings in Kemper were worth $190,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of KMPR. Gyon Technologies Capital Management LP purchased a new position in Kemper during the 4th quarter valued at $29,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in Kemper during the 1st quarter valued at approximately $41,000. Allspring Global Investments Holdings LLC boosted its position in Kemper by 1,420.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,733 shares of the insurance provider’s stock valued at $95,000 after acquiring an additional 1,619 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Kemper during the 1st quarter valued at approximately $108,000. Finally, Counterpoint Mutual Funds LLC purchased a new position in Kemper during the first quarter valued at $109,000. Institutional investors own 78.93% of the company’s stock.
Kemper Trading Down 0.8 %
NYSE KMPR opened at $41.70 on Tuesday. Kemper Co. has a 12 month low of $40.65 and a 12 month high of $68.15. The stock has a market cap of $2.67 billion, a P/E ratio of -8.63 and a beta of 0.92. The stock’s fifty day moving average price is $47.26 and its 200-day moving average price is $48.34. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.55.
Kemper Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 14th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Friday, August 11th. Kemper’s dividend payout ratio is currently -25.67%.
Wall Street Analyst Weigh In
Several equities analysts have commented on the company. Piper Sandler raised their price objective on Kemper from $52.00 to $55.00 in a research report on Thursday, July 6th. StockNews.com began coverage on shares of Kemper in a research note on Thursday, August 17th. They set a “hold” rating for the company. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Kemper has an average rating of “Moderate Buy” and an average target price of $72.00.
View Our Latest Stock Report on KMPR
About Kemper
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.
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