Kemper Co. (NYSE:KMPR) Director Alberto J. Paracchini Purchases 500 Shares

Kemper Co. (NYSE:KMPR - Get Free Report) Director Alberto J. Paracchini purchased 500 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were purchased at an average cost of $61.71 per share, for a total transaction of $30,855.00. Following the transaction, the director now directly owns 10,323 shares in the company, valued at approximately $637,032.33. This represents a 5.09% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Kemper Stock Performance

Shares of NYSE:KMPR traded down $0.84 during trading on Friday, hitting $63.00. The stock had a trading volume of 578,280 shares, compared to its average volume of 390,971. Kemper Co. has a 12-month low of $53.57 and a 12-month high of $73.01. The stock has a market capitalization of $4.03 billion, a price-to-earnings 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. The stock has a 50-day simple moving average of $61.27 and a two-hundred day simple moving average of $64.59.

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

Kemper Dividend Announcement

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

Analyst Upgrades and Downgrades

KMPR has been the topic of a number of recent research reports. Piper Sandler dropped their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen cut Kemper from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $79.40.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Strs Ohio purchased a new position in Kemper during the first quarter valued at approximately $1,621,000. Acadian Asset Management LLC raised its position in Kemper by 27.0% during the first quarter. Acadian Asset Management LLC now owns 1,737 shares of the insurance provider's stock valued at $115,000 after acquiring an additional 369 shares in the last quarter. Focus Partners Wealth raised its position in Kemper by 13.8% during the first quarter. Focus Partners Wealth now owns 4,860 shares of the insurance provider's stock valued at $325,000 after acquiring an additional 591 shares in the last quarter. Jane Street Group LLC raised its position in Kemper by 112.7% during the first quarter. Jane Street Group LLC now owns 10,516 shares of the insurance provider's stock valued at $703,000 after acquiring an additional 5,573 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new position in Kemper during the first quarter valued at approximately $45,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

About Kemper

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.