Guggenheim Capital LLC Increases Holding in Kemper Corp (KMPR)

Guggenheim Capital LLC Increases Holding in Kemper Corp (KMPR)

Guggenheim Capital LLC increased its position in Kemper Corp (NYSE:KMPR) by 71.7% during the fourth quarter, Holdings Channel reports. The fund owned 83,622 shares of the company’s stock after buying an additional 34,927 shares during the period. Guggenheim Capital LLC’s holdings in Kemper Corp were worth $3,705,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund boosted its stake in shares of Kemper Corp by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 16,818 shares of the company’s stock valued at $661,000 after buying an additional 331 shares in the last quarter. Advisor Consultant Network Inc. acquired a new stake in shares of Kemper Corp during the third quarter valued at $3,535,000. Texas Permanent School Fund boosted its stake in shares of Kemper Corp by 0.7% in the third quarter. Texas Permanent School Fund now owns 37,005 shares of the company’s stock valued at $1,455,000 after buying an additional 254 shares in the last quarter. Endurance Wealth Management Inc. acquired a new stake in shares of Kemper Corp during the third quarter valued at $721,000. Finally, Peregrine Capital Management LLC acquired a new stake in shares of Kemper Corp during the third quarter valued at $8,144,000. 57.76% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Kemper Corp (NYSE:KMPR) opened at 39.40 on Wednesday. The company has a 50 day moving average of $42.71 and a 200 day moving average of $41.11. The company has a market cap of $2.02 billion, a PE ratio of 119.39 and a beta of 1.02. Kemper Corp has a 52 week low of $28.03 and a 52 week high of $45.95.

Kemper Corp (NYSE:KMPR) last posted its earnings results on Thursday, February 9th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Kemper Corp had a net margin of 0.67% and a return on equity of 0.64%. The business had revenue of $642.70 million for the quarter, compared to analysts’ expectations of $631.21 million. During the same period in the prior year, the company posted $0.09 EPS. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect that Kemper Corp will post $2.05 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 7th. Shareholders of record on Tuesday, February 21st were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend was Thursday, February 16th. Kemper Corp’s dividend payout ratio is presently 300.00%.

KMPR has been the topic of several analyst reports. Langen Mcalenn reissued a “neutral” rating on shares of Kemper Corp in a research note on Wednesday, February 15th. TheStreet raised shares of Kemper Corp from a “c+” rating to a “b” rating in a research note on Thursday, February 9th. Finally, Zacks Investment Research cut shares of Kemper Corp from a “buy” rating to a “hold” rating in a research note on Friday, February 17th. Five analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $50.00.

In other Kemper Corp news, SVP John Michael Boschelli sold 5,750 shares of the stock in a transaction that occurred on Friday, February 24th. The shares were sold at an average price of $43.37, for a total value of $249,377.50. Following the sale, the senior vice president now directly owns 22,612 shares in the company, valued at approximately $980,682.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Kemper Corp 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.

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