Robert Joseph Joyce Buys 500 Shares of Kemper Corp (NYSE:KMPR) Stock

Kemper Corp (NYSE:KMPR) Director Robert Joseph Joyce acquired 500 shares of Kemper stock in a transaction on Friday, August 30th. The shares were bought at an average price of $69.75 per share, with a total value of $34,875.00. Following the completion of the transaction, the director now directly owns 12,196 shares of the company’s stock, valued at approximately $850,671. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of KMPR traded down $0.33 during mid-day trading on Friday, reaching $73.98. 840,411 shares of the company’s stock were exchanged, compared to its average volume of 475,420. The business’s fifty day simple moving average is $78.07 and its 200-day simple moving average is $82.78. Kemper Corp has a 52-week low of $61.57 and a 52-week high of $91.97. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market capitalization of $4.95 billion, a PE ratio of 16.93 and a beta of 1.25.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Monday, August 5th. The insurance provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.02. Kemper had a return on equity of 10.84% and a net margin of 7.83%. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the company posted $0.70 EPS. The business’s revenue was up 71.9% on a year-over-year basis. Equities research analysts predict that Kemper Corp will post 5.65 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date was Friday, August 16th. Kemper’s dividend payout ratio is currently 22.88%.

Large investors have recently modified their holdings of the company. Meeder Asset Management Inc. boosted its holdings in Kemper by 190.9% in the 2nd quarter. Meeder Asset Management Inc. now owns 2,141 shares of the insurance provider’s stock worth $185,000 after acquiring an additional 1,405 shares during the period. Aperio Group LLC raised its position in shares of Kemper by 3.1% in the 2nd quarter. Aperio Group LLC now owns 13,426 shares of the insurance provider’s stock valued at $1,158,000 after purchasing an additional 409 shares in the last quarter. Federated Investors Inc. PA raised its position in shares of Kemper by 227.6% in the 1st quarter. Federated Investors Inc. PA now owns 330,115 shares of the insurance provider’s stock valued at $25,135,000 after purchasing an additional 229,352 shares in the last quarter. Stevens Capital Management LP raised its position in shares of Kemper by 170.0% in the 1st quarter. Stevens Capital Management LP now owns 12,063 shares of the insurance provider’s stock valued at $918,000 after purchasing an additional 7,595 shares in the last quarter. Finally, Artemis Investment Management LLP raised its position in shares of Kemper by 38.1% in the 2nd quarter. Artemis Investment Management LLP now owns 260,801 shares of the insurance provider’s stock valued at $21,973,000 after purchasing an additional 71,929 shares in the last quarter. Institutional investors and hedge funds own 66.14% of the company’s stock.

KMPR has been the subject of a number of research analyst reports. William Blair cut shares of Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 22nd. ValuEngine raised shares of Kemper from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Zacks Investment Research lowered shares of Kemper from a “hold” rating to a “sell” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $86.00.

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. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.

Further Reading: Price-Sales Ratio

Receive News & Ratings for Kemper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper and related companies with MarketBeat.com's FREE daily email newsletter.