Fox Run Management L.L.C. Makes New Investment in Kemper Corporation $KMPR

Fox Run Management L.L.C. purchased a new position in Kemper Corporation (NYSE:KMPR) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 37,334 shares of the insurance provider’s stock, valued at approximately $1,514,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank boosted its stake in Kemper by 187.1% in the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 421 shares during the period. Hantz Financial Services Inc. boosted its stake in Kemper by 1,098.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 538 shares during the period. Signaturefd LLC bought a new position in Kemper in the 4th quarter worth approximately $32,000. Jones Financial Companies Lllp boosted its stake in Kemper by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 278 shares during the period. Finally, Abich Financial Wealth Management LLC bought a new position in Kemper in the 3rd quarter worth approximately $36,000. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Zacks Research downgraded Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. UBS Group decreased their price objective on Kemper from $48.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Wall Street Zen cut Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Weiss Ratings cut Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Finally, Piper Sandler decreased their price objective on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $51.75.

Kemper Stock Performance

NYSE:KMPR opened at $24.37 on Tuesday. The stock’s fifty day moving average is $30.08 and its 200 day moving average is $34.22. Kemper Corporation has a fifty-two week low of $22.69 and a fifty-two week high of $65.32. The firm has a market capitalization of $1.43 billion, a PE ratio of 39.30 and a beta of 1.06. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.60). Kemper had a net margin of 0.89% and a return on equity of 4.80%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the company posted $1.65 EPS. The business’s quarterly revenue was down 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Kemper Corporation will post 2.3 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, May 18th. Kemper’s dividend payout ratio is presently 206.45%.

Kemper Company Profile

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.