Swiss National Bank Has $8.42 Million Stock Position in Kemper Co. (NYSE:KMPR)

Swiss National Bank grew its stake in shares of Kemper Co. (NYSE:KMPR) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,724 shares of the insurance provider’s stock after purchasing an additional 1,000 shares during the quarter. Swiss National Bank owned about 0.20% of Kemper worth $8,420,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in KMPR. EverSource Wealth Advisors LLC raised its holdings in Kemper by 141.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after acquiring an additional 352 shares in the last quarter. Clean Yield Group bought a new stake in shares of Kemper in the 4th quarter valued at about $45,000. GAMMA Investing LLC grew its position in shares of Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock valued at $48,000 after buying an additional 174 shares during the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of Kemper during the 4th quarter valued at about $63,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Kemper during the 3rd quarter valued at about $82,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Price Performance

Kemper stock opened at $66.34 on Friday. Kemper Co. has a one year low of $54.11 and a one year high of $73.01. The business has a fifty day moving average price of $66.42 and a 200-day moving average price of $65.39. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market capitalization of $4.24 billion, a P/E ratio of 13.51 and a beta of 0.88.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. As a group, equities research analysts forecast that Kemper Co. will post 6.03 EPS for the current year.

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.28 annualized dividend and a yield of 1.93%. This is a positive change from Kemper’s previous quarterly dividend of $0.31. Kemper’s payout ratio is 26.07%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Raymond James increased their price target on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Finally, Piper Sandler increased their price objective on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $81.60.

Kemper Company 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.