Cookson Peirce & Co. Inc. Takes Position in Kemper Corp (KMPR)

Cookson Peirce & Co. Inc. acquired a new stake in shares of Kemper Corp (NYSE:KMPR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 12,705 shares of the insurance provider’s stock, valued at approximately $875,000.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in Kemper by 2.8% in the 4th quarter. BlackRock Inc. now owns 4,746,247 shares of the insurance provider’s stock worth $327,015,000 after purchasing an additional 128,035 shares during the period. State Street Corp boosted its stake in Kemper by 3.5% in the 2nd quarter. State Street Corp now owns 1,448,146 shares of the insurance provider’s stock worth $55,897,000 after purchasing an additional 49,571 shares during the period. Victory Capital Management Inc. boosted its stake in Kemper by 17.1% in the 4th quarter. Victory Capital Management Inc. now owns 485,087 shares of the insurance provider’s stock worth $33,422,000 after purchasing an additional 70,992 shares during the period. Hennessy Advisors Inc. bought a new position in Kemper in the 4th quarter worth approximately $32,245,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in Kemper by 3.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 355,741 shares of the insurance provider’s stock worth $18,855,000 after purchasing an additional 11,669 shares during the period. Institutional investors own 58.13% of the company’s stock.

Several research analysts have weighed in on KMPR shares. Zacks Investment Research upgraded Kemper from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine cut Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, William Blair raised Kemper from a “market perform” rating to an “outperform” rating in a report on Thursday, February 15th. One analyst has rated the stock with a hold rating, one has given a buy rating and four have assigned a strong buy rating to the company. The stock presently has an average rating of “Strong Buy” and an average target price of $67.50.

Shares of Kemper Corp (NYSE KMPR) opened at $57.85 on Friday. The stock has a market capitalization of $2,923.11, a P/E ratio of 24.83 and a beta of 1.00. Kemper Corp has a twelve month low of $36.35 and a twelve month high of $71.52. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 20th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, February 16th. This represents a $0.96 annualized dividend and a dividend yield of 1.66%. Kemper’s dividend payout ratio (DPR) is 41.20%.

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Kemper Company 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.

Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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