Kemper Co. (NYSE:KMPR) Shares Sold by Regent Peak Wealth Advisors LLC

Regent Peak Wealth Advisors LLC decreased its position in shares of Kemper Co. (NYSE:KMPR) by 49.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,292 shares of the insurance provider’s stock after selling 3,273 shares during the quarter. Regent Peak Wealth Advisors LLC’s holdings in Kemper were worth $220,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vest Financial LLC purchased a new position in Kemper during the first quarter valued at approximately $848,000. Merit Financial Group LLC raised its position in Kemper by 105.1% during the first quarter. Merit Financial Group LLC now owns 6,554 shares of the insurance provider’s stock valued at $438,000 after acquiring an additional 3,358 shares in the last quarter. GAMMA Investing LLC raised its position in Kemper by 12,400.4% during the first quarter. GAMMA Investing LLC now owns 89,378 shares of the insurance provider’s stock valued at $5,975,000 after acquiring an additional 88,663 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Kemper by 69.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,258 shares of the insurance provider’s stock valued at $1,678,000 after acquiring an additional 10,373 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Kemper during the fourth quarter valued at approximately $5,386,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Stock Up 1.5%

Kemper stock opened at $63.89 on Friday. The stock has a market capitalization of $4.09 billion, a PE ratio of 13.01 and a beta of 1.30. Kemper Co. has a 12 month low of $53.57 and a 12 month high of $73.01. The business has a 50 day simple moving average of $61.03 and a 200-day simple moving average of $64.90. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27.

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

Kemper Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Monday, May 19th. Kemper’s dividend payout ratio is presently 23.93%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on KMPR. Wall Street Zen cut Kemper from a “strong-buy” rating to a “buy” rating in a research report on Friday. Piper Sandler reduced their price target on Kemper from $86.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, May 8th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $79.40.

Kemper Profile

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.