Kemper Co. (NYSE:KMPR) Director Acquires $155,600.00 in Stock

Kemper Co. (NYSE:KMPR - Get Free Report) Director Gerald Laderman acquired 2,500 shares of the stock in a transaction on Tuesday, June 10th. The stock was bought at an average price of $62.24 per share, with a total value of $155,600.00. Following the transaction, the director now directly owns 21,635 shares in the company, valued at approximately $1,346,562.40. This represents a 13.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kemper Trading Down 1.3%

Kemper stock traded down $0.84 during midday trading on Friday, hitting $63.00. 578,280 shares of the stock were exchanged, compared to its average volume of 390,971. The company has a fifty day simple moving average of $61.27 and a two-hundred day simple moving average of $64.59. Kemper Co. has a 52 week low of $53.57 and a 52 week high of $73.01. The stock has a market capitalization of $4.03 billion, a PE ratio of 12.83 and a beta of 1.30. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.17. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the firm earned $1.07 EPS. Kemper's quarterly revenue was up 4.4% compared to the same quarter last year. Equities research analysts anticipate that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Monday, May 19th. Kemper's payout ratio is currently 23.93%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP lifted its stake in Kemper by 0.8% in the first quarter. Wellington Management Group LLP now owns 2,759,405 shares of the insurance provider's stock valued at $184,466,000 after buying an additional 20,899 shares in the last quarter. Boston Partners lifted its stake in Kemper by 14.3% in the first quarter. Boston Partners now owns 1,263,961 shares of the insurance provider's stock valued at $83,357,000 after buying an additional 158,102 shares in the last quarter. AQR Capital Management LLC lifted its stake in Kemper by 37.4% in the first quarter. AQR Capital Management LLC now owns 1,258,844 shares of the insurance provider's stock valued at $84,154,000 after buying an additional 342,649 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Kemper by 4.4% in the fourth quarter. Ameriprise Financial Inc. now owns 1,238,284 shares of the insurance provider's stock worth $82,271,000 after purchasing an additional 52,290 shares in the last quarter. Finally, Westfield Capital Management Co. LP boosted its holdings in Kemper by 8.9% during the first quarter. Westfield Capital Management Co. LP now owns 1,192,664 shares of the insurance provider's stock worth $79,730,000 after purchasing an additional 97,770 shares during the last quarter. Institutional investors own 86.23% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KMPR. Wall Street Zen cut shares of Kemper from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 6th. Piper Sandler lowered their price target on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $79.40.

Kemper Company Profile

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.