Mirabella Financial Services LLP Grows Holdings in Kemper Co. (NYSE:KMPR)

Mirabella Financial Services LLP raised its position in shares of Kemper Co. (NYSE:KMPR) by 53.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,776 shares of the insurance provider’s stock after buying an additional 32,523 shares during the quarter. Mirabella Financial Services LLP owned about 0.15% of Kemper worth $6,230,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in shares of Kemper by 565.8% during the 3rd quarter. Jane Street Group LLC now owns 41,094 shares of the insurance provider’s stock valued at $2,517,000 after purchasing an additional 34,922 shares in the last quarter. Barclays PLC increased its holdings in shares of Kemper by 72.3% in the 3rd quarter. Barclays PLC now owns 29,067 shares of the insurance provider’s stock valued at $1,781,000 after purchasing an additional 12,196 shares during the period. Geode Capital Management LLC lifted its position in shares of Kemper by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock worth $61,933,000 after purchasing an additional 9,412 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Kemper during the third quarter valued at approximately $278,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Kemper in the 3rd quarter worth approximately $82,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Price Performance

Shares of NYSE:KMPR opened at $56.77 on Friday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average price of $64.28 and a 200 day moving average price of $65.50. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 11.56 and a beta of 1.05. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (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%. Research analysts predict that Kemper Co. will post 6.03 earnings per share for the current year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.25%. This is a positive change from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper’s dividend payout ratio is presently 26.07%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on KMPR shares. Raymond James upped their price target on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research note on Thursday, December 26th. StockNews.com raised Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Piper Sandler boosted their target price on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $81.60.

About Kemper

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.