Kemper Corporation (NYSE:KMPR) Receives Average Rating of "Buy" from Analysts

Kemper Corporation (NYSE:KMPR - Get Free Report) has been given a consensus rating of "Buy" by the five analysts that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $79.40.

Several equities research analysts recently weighed in on KMPR shares. Piper Sandler reduced their price objective on shares of Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Wall Street Zen downgraded shares of Kemper from a "strong-buy" rating to a "buy" rating in a report on Friday, June 6th.

Insider Buying and Selling

In related news, Director Alberto J. Paracchini acquired 500 shares of the stock in a transaction dated Tuesday, June 10th. The shares were acquired at an average price of $61.71 per share, for a total transaction of $30,855.00. Following the completion of the purchase, the director now owns 10,323 shares in the company, valued at approximately $637,032.33. The trade was a 5.09% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gerald Laderman bought 2,500 shares of Kemper stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average cost of $62.24 per share, with a total value of $155,600.00. Following the completion of the transaction, the director now owns 21,635 shares of the company's stock, valued at $1,346,562.40. This trade represents a 13.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Kemper

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its stake in shares of 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 increased its stake in shares of 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 increased its stake in shares of 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. increased its stake 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 valued at $82,271,000 after buying an additional 52,290 shares in the last quarter. Finally, Westfield Capital Management Co. LP increased its stake in shares of Kemper by 8.9% in the first quarter. Westfield Capital Management Co. LP now owns 1,192,664 shares of the insurance provider's stock valued at $79,730,000 after buying an additional 97,770 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Kemper Stock Down 0.1%

Shares of KMPR traded down $0.08 during mid-day trading on Wednesday, reaching $63.21. 586,330 shares of the stock traded hands, compared to its average volume of 394,871. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 11.81 and a beta of 1.30. The stock has a fifty day simple moving average of $61.76 and a 200 day simple moving average of $64.33. Kemper has a 12-month low of $53.57 and a 12-month high of $73.01. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.32.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.48 by $0.17. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.21 billion. Kemper had a net margin of 7.38% and a return on equity of 15.02%. The business's revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.07 earnings per share. Sell-side analysts expect that Kemper will post 6.03 EPS for the current fiscal year.

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were issued a $0.32 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a yield of 2.02%. Kemper's dividend payout ratio is currently 23.93%.

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.