TIAA CREF Investment Management LLC lessened its stake in shares of Kemper Co. (NYSE:KMPR) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 97,166 shares of the insurance provider’s stock after selling 7,837 shares during the period. TIAA CREF Investment Management LLC’s holdings in Kemper were worth $6,695,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cutler Group LP acquired a new stake in Kemper in the 4th quarter valued at about $111,000. Fiduciary Trust Co. acquired a new stake in Kemper in the 4th quarter valued at about $217,000. Linscomb & Williams Inc. acquired a new stake in Kemper in the 4th quarter valued at about $224,000. SVA Plumb Wealth Management LLC acquired a new stake in Kemper in the 4th quarter valued at about $229,000. Finally, Shelton Capital Management acquired a new stake in Kemper in the 4th quarter valued at about $255,000. Hedge funds and other institutional investors own 58.51% of the company’s stock.
Kemper stock opened at $57.50 on Friday. Kemper Co. has a 1-year low of $36.35 and a 1-year high of $71.52. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.15 and a quick ratio of 0.15. The company has a market capitalization of $2,982.29, a PE ratio of 35.06 and a beta of 1.08.
Kemper (NYSE:KMPR) last posted its quarterly earnings results on Tuesday, February 13th. The insurance provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.22. Kemper had a net margin of 4.44% and a return on equity of 4.14%. The business had revenue of $697.30 million during the quarter, compared to analysts’ expectations of $722.15 million. equities analysts forecast that Kemper Co. will post 3.86 earnings per share for the current fiscal year.
A number of research firms have commented on KMPR. ValuEngine upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. William Blair upgraded shares of Kemper from a “market perform” rating to an “outperform” rating in a report on Thursday, February 15th. Finally, Zacks Investment Research downgraded shares of Kemper from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Two research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Strong Buy” and a consensus target price of $67.50.
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Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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