Kemper Corporation $KMPR Stock Holdings Lessened by Schroder Investment Management Group

Schroder Investment Management Group cut its holdings in Kemper Corporation (NYSE:KMPR) by 55.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 556,704 shares of the insurance provider’s stock after selling 679,883 shares during the period. Schroder Investment Management Group’s holdings in Kemper were worth $28,704,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of KMPR. AQR Capital Management LLC grew its position in shares of Kemper by 57.7% during the 2nd quarter. AQR Capital Management LLC now owns 1,985,139 shares of the insurance provider’s stock valued at $127,783,000 after buying an additional 726,295 shares during the last quarter. Boston Partners lifted its holdings in Kemper by 19.3% in the second quarter. Boston Partners now owns 1,508,352 shares of the insurance provider’s stock worth $97,026,000 after acquiring an additional 244,391 shares during the last quarter. First Trust Advisors LP boosted its stake in Kemper by 44.1% in the third quarter. First Trust Advisors LP now owns 736,183 shares of the insurance provider’s stock valued at $37,950,000 after acquiring an additional 225,476 shares during the period. Qube Research & Technologies Ltd boosted its stake in Kemper by 54.3% in the second quarter. Qube Research & Technologies Ltd now owns 536,281 shares of the insurance provider’s stock valued at $34,612,000 after acquiring an additional 188,641 shares during the period. Finally, Norges Bank bought a new position in shares of Kemper during the second quarter valued at approximately $11,343,000. Institutional investors own 86.23% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Citizens Jmp lowered Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Wall Street Zen downgraded Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Citigroup lowered Kemper to a “market perform” rating in a research report on Thursday, February 5th. Weiss Ratings raised Kemper from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 13th. Finally, Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $56.50.

Kemper Price Performance

Shares of NYSE:KMPR opened at $29.16 on Friday. The firm’s 50 day moving average is $35.31 and its two-hundred day moving average is $42.06. The firm has a market capitalization of $1.71 billion, a P/E ratio of 13.31 and a beta of 1.16. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.35. Kemper Corporation has a 52 week low of $28.41 and a 52 week high of $69.83.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.60). Kemper had a return on equity of 8.02% and a net margin of 2.99%.The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the firm posted $1.78 earnings per share. The business’s quarterly revenue was down 4.7% on a year-over-year basis. Analysts anticipate that Kemper Corporation will post 6.03 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Tuesday, February 17th. Kemper’s payout ratio is 58.45%.

About Kemper

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.