Voya Investment Management LLC Has $489,000 Stake in Kemper Co. (NYSE:KMPR)

Voya Investment Management LLC lessened its position in Kemper Co. (NYSE:KMPR) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,357 shares of the insurance provider’s stock after selling 523 shares during the period. Voya Investment Management LLC’s holdings in Kemper were worth $489,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in shares of Kemper by 141.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after buying an additional 352 shares during the period. Clean Yield Group acquired a new position in Kemper in the 4th quarter valued at approximately $45,000. GAMMA Investing LLC raised its stake in shares of Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 174 shares during the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of Kemper during the fourth quarter worth $63,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Kemper in the third quarter worth $82,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Price Performance

KMPR stock opened at $64.16 on Friday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The company’s fifty day simple moving average is $62.32 and its 200 day simple moving average is $65.28. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 13.07 and a beta of 1.26.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, May 7th. The insurance provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.48 by $0.17. Kemper had a return on equity of 14.11% and a net margin of 6.85%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the company earned $1.07 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, analysts expect that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be given a dividend of $0.32 per share. The ex-dividend date is Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.00%. Kemper’s payout ratio is presently 26.07%.

Analysts Set New Price Targets

Separately, Piper Sandler lowered their target price on Kemper from $86.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $79.40.

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.