Janus Henderson Group PLC Has $21.08 Million Position in Kemper Co. (NYSE:KMPR)

Janus Henderson Group PLC cut its position in shares of Kemper Co. (NYSE:KMPR) by 33.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 344,219 shares of the insurance provider’s stock after selling 170,978 shares during the period. Janus Henderson Group PLC owned 0.54% of Kemper worth $21,084,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of KMPR. GAMMA Investing LLC grew its holdings in Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 289 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Kemper by 5,590.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after buying an additional 559 shares during the last quarter. Quarry LP boosted its stake in shares of Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper during the 3rd quarter worth approximately $46,000. Finally, Blue Trust Inc. increased its holdings in shares of Kemper by 89.0% during the 2nd quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock worth $75,000 after acquiring an additional 572 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

Kemper Trading Down 0.9 %

KMPR stock opened at $70.64 on Friday. Kemper Co. has a 52 week low of $46.41 and a 52 week high of $73.01. The company has a market capitalization of $4.52 billion, a PE ratio of 16.82 and a beta of 0.88. The company’s 50-day simple moving average is $65.88 and its 200 day simple moving average is $62.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.34 by $0.28. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the firm earned ($0.44) earnings per share. As a group, sell-side analysts anticipate that Kemper Co. will post 5.49 earnings per share for the current year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.76%. Kemper’s payout ratio is 29.52%.

Wall Street Analyst Weigh In

KMPR has been the subject of several research reports. TD Cowen raised their price target on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. UBS Group raised their target price on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Finally, JMP Securities restated a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $79.00.

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.