Kemper Co. (NYSE:KMPR) Stake Decreased by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its holdings in shares of Kemper Co. (NYSE:KMPR) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 256,296 shares of the insurance provider’s stock after selling 87,923 shares during the period. Janus Henderson Group PLC owned 0.40% of Kemper worth $17,027,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings 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 in the last quarter. Parkside Financial Bank & Trust bought a new position in shares of Kemper in the fourth quarter valued at $63,000. KBC Group NV increased its holdings in shares of Kemper by 25.8% in the fourth quarter. KBC Group NV now owns 2,579 shares of the insurance provider’s stock valued at $171,000 after buying an additional 529 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Kemper by 44.6% in the fourth quarter. Blue Trust Inc. now owns 3,220 shares of the insurance provider’s stock valued at $197,000 after buying an additional 993 shares in the last quarter. Finally, BKM Wealth Management LLC bought a new position in shares of Kemper in the fourth quarter valued at $202,000. Institutional investors own 86.23% of the company’s stock.

Kemper Trading Up 1.2%

NYSE KMPR opened at $64.70 on Friday. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 13.18 and a beta of 1.26. The firm’s 50 day moving average price is $62.23 and its two-hundred day moving average price is $65.32.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company posted $1.07 EPS. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. Equities analysts anticipate that Kemper Co. will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Monday, May 19th. Kemper’s dividend payout ratio is currently 23.93%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their price target on Kemper from $86.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target 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.