8,652 Shares in Kemper Corporation (KMPR) Purchased by Crossmark Global Holdings Inc.
Crossmark Global Holdings Inc. bought a new stake in Kemper Corporation (NYSE:KMPR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,652 shares of the insurance provider’s stock, valued at approximately $459,000.
Several other hedge funds also recently bought and sold shares of KMPR. Westwood Holdings Group Inc. lifted its holdings in shares of Kemper Corporation by 217.9% in the second quarter. Westwood Holdings Group Inc. now owns 828,927 shares of the insurance provider’s stock valued at $32,190,000 after purchasing an additional 568,157 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Kemper Corporation by 5.7% in the first quarter. Vanguard Group Inc. now owns 3,459,695 shares of the insurance provider’s stock valued at $138,041,000 after purchasing an additional 185,850 shares in the last quarter. Rafferty Asset Management LLC bought a new position in shares of Kemper Corporation in the second quarter valued at approximately $4,424,000. Renaissance Technologies LLC bought a new position in shares of Kemper Corporation in the first quarter valued at approximately $4,473,000. Finally, Citadel Advisors LLC lifted its holdings in shares of Kemper Corporation by 117.0% in the second quarter. Citadel Advisors LLC now owns 118,796 shares of the insurance provider’s stock valued at $4,586,000 after purchasing an additional 64,055 shares in the last quarter. Institutional investors own 56.60% of the company’s stock.
Shares of Kemper Corporation (KMPR) opened at $67.40 on Tuesday. The company has a market capitalization of $3,447.24, a price-to-earnings ratio of 38.51 and a beta of 1.18. Kemper Corporation has a fifty-two week low of $36.35 and a fifty-two week high of $68.13. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.28.
Kemper Corporation (NYSE:KMPR) last issued its quarterly earnings results on Monday, October 30th. The insurance provider reported $0.85 EPS for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.57. The business had revenue of $690.30 million for the quarter, compared to analyst estimates of $680.90 million. Kemper Corporation had a return on equity of 4.47% and a net margin of 4.32%. Kemper Corporation’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted ($0.40) earnings per share. analysts anticipate that Kemper Corporation will post 1.57 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Investors of record on Monday, November 13th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, November 10th. This represents a $0.96 dividend on an annualized basis and a yield of 1.42%. Kemper Corporation’s dividend payout ratio (DPR) is currently 43.24%.
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KMPR has been the topic of a number of recent research reports. TheStreet upgraded Kemper Corporation from a “c” rating to a “b” rating in a report on Tuesday, August 1st. BidaskClub upgraded Kemper Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. Finally, Zacks Investment Research lowered Kemper Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $55.50.
Kemper Corporation Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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