According to the most recent Form 13F that the company filed with the Securities and Exchange Commission, Strs Ohio reduced its holdings in Kemper Co. (NYSE: KMPR) by 7.1% during the third quarter. It was determined that the company owned 30,682 shares of the insurance provider’s stock after selling 2,345 shares during that period. When the most recent financial quarter came to a close, Strs Ohio held an investment in Kemper with a total value of $1,265,000.
There have also been transactions involving purchases and sales of corporate stock by other institutional investors and hedge funds. During the second quarter of this fiscal year, the North Carolina Treasurer’s Office increased the percentage of Kemper held in its portfolio by 21.4%. The insurance provider’s stock is currently valued at $1,287,000; the Treasurer of the State of North Carolina now has a total of 26,872 shares of the company’s stock after purchasing an additional 4,743 shares during the preceding quarter. This brings the total number of shares owned by the Treasurer to 26,872. In addition, during the second quarter of the fiscal year, the Retirement Systems of Alabama increased its ownership stake in Kemper by 0.6%. Retirement Systems of Alabama now has 79,003 shares of the insurance provider’s stock, which has a value of $3,784,000 after purchasing an additional 455 shares during the most recent quarter. This brings the total number of shares that the company owns to an all-time high. Through the second quarter, Point72 Asset Management L.P. achieved a 113.5% increase in the proportion of Kemper that it owns. Point72 Asset Management L.P. now has a total of 111,900 shares valued at $5,360,000. This follows the purchase of an additional 59,500 shares during the most recent quarter. In addition, M Holdings Securities Inc made a new investment in Kemper for $390,000. During the first three months of the year, this investment was made. And lastly, during the first quarter, Bank of America Corporation DE increased the proportion of Kemper stock owned by 16.1 percent. Bank of America Corp. (D.E.) now has a total of 561,617 shares of the insurance provider’s stock, which are worth a combined total of $31,754,000 after the company made an additional purchase of 77,831 of those shares during the preceding quarter. To the tune of 81.20 percent, institutional investors and hedge funds hold the company’s stock ownership.
Several analysts who focus on equity research have produced written analyses of the stock. These analyses can be found on the website. StockNews.com released a research report on Wednesday, October 12th, announcing that it began coverage of Kemper shares. Piper Sandler increased their price objective on Kemper’s stock from $48.00 to $50.00 and assigned the company a “hold” rating in a research note published on Tuesday. Raymond James raised its rating on shares of Kemper from “market perform” to “outperform” in a research report published on Friday, November 4th. The firm also established a price objective of $60.00 for the company.
According to reports from other sources concerning business, on November 7th, Director Robert Joseph Joyce sold 4,000 shares of the company’s stock. This information was disclosed in the news. A total of 2,234,000 dollars’ worth of the company’s stock was traded, with a price of $55.76 per share being the average price a