Boston Partners lowered its stake in shares of Kemper Corporation (NYSE:KMPR) by 17.5% during the second quarter, Holdings Channel reports. The fund owned 434,200 shares of the insurance provider’s stock after selling 92,280 shares during the period. Boston Partners’ holdings in Kemper Corporation were worth $16,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its position in Kemper Corporation by 3.5% in the first quarter. Bank of Montreal Can now owns 12,298 shares of the insurance provider’s stock valued at $491,000 after buying an additional 420 shares during the last quarter. BlackRock Inc. raised its position in Kemper Corporation by 15,823.5% in the first quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock valued at $185,293,000 after buying an additional 4,614,759 shares during the last quarter. Capstone Asset Management Co. raised its position in Kemper Corporation by 7.2% in the first quarter. Capstone Asset Management Co. now owns 7,262 shares of the insurance provider’s stock valued at $290,000 after buying an additional 490 shares during the last quarter. First Mercantile Trust Co. raised its position in Kemper Corporation by 8.6% in the first quarter. First Mercantile Trust Co. now owns 12,700 shares of the insurance provider’s stock valued at $507,000 after buying an additional 1,010 shares during the last quarter. Finally, Meeder Asset Management Inc. raised its position in Kemper Corporation by 0.6% in the second quarter. Meeder Asset Management Inc. now owns 17,405 shares of the insurance provider’s stock valued at $672,000 after buying an additional 99 shares during the last quarter. 55.00% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Corporation (NYSE KMPR) opened at 49.60 on Wednesday. Kemper Corporation has a 12 month low of $35.30 and a 12 month high of $49.85. The firm has a 50-day moving average price of $41.29 and a 200 day moving average price of $40.66. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 50.00 and a beta of 1.11.

Kemper Corporation (NYSE:KMPR) last released its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.23. Kemper Corporation had a return on equity of 1.26% and a net margin of 1.95%. The firm had revenue of $684.40 million for the quarter, compared to the consensus estimate of $641.20 million. During the same quarter last year, the business posted $0.08 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts forecast that Kemper Corporation will post $1.70 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 14th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Thursday, August 10th. Kemper Corporation’s dividend payout ratio is 97.96%.

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Several research analysts have weighed in on the company. Zacks Investment Research lowered Kemper Corporation from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 27th. TheStreet lowered Kemper Corporation from a “b-” rating to a “c” rating in a research report on Thursday, May 4th. BidaskClub raised Kemper Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Raymond James Financial, Inc. raised Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 target price on the stock in a research report on Thursday, August 3rd. Finally, UBS AG raised Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $55.50.

About Kemper Corporation

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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Institutional Ownership by Quarter for Kemper Corporation (NYSE:KMPR)

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