BKM Wealth Management LLC Invests $202,000 in Kemper Co. (NYSE:KMPR)

BKM Wealth Management LLC acquired a new stake in shares of Kemper Co. (NYSE:KMPR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,040 shares of the insurance provider’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also recently modified their holdings of KMPR. Blue Trust Inc. raised its position in shares of Kemper by 83.3% during the 3rd quarter. Blue Trust Inc. now owns 2,227 shares of the insurance provider’s stock valued at $132,000 after purchasing an additional 1,012 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Kemper by 5,590.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after purchasing an additional 559 shares during the period. Sequoia Financial Advisors LLC bought a new stake in shares of Kemper during the 3rd quarter valued at $205,000. International Assets Investment Management LLC increased its holdings in Kemper by 1.5% in the 3rd quarter. International Assets Investment Management LLC now owns 89,356 shares of the insurance provider’s stock valued at $5,473,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Kemper by 47.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,885 shares of the insurance provider’s stock valued at $912,000 after acquiring an additional 4,809 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Kemper Stock Performance

Shares of NYSE:KMPR opened at $65.75 on Wednesday. Kemper Co. has a 52 week low of $54.11 and a 52 week high of $73.01. The stock has a market capitalization of $4.20 billion, a P/E ratio of 13.39 and a beta of 0.88. The firm has a fifty day simple moving average of $66.13 and a two-hundred day simple moving average of $64.66. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. On average, analysts expect that Kemper Co. will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.95%. Kemper’s payout ratio is currently 25.25%.

Wall Street Analyst Weigh In

KMPR has been the topic of a number of research reports. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Raymond James lifted their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. TD Cowen lifted their price target on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Piper Sandler lifted their price target on shares of 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $81.60.

Kemper 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.