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.
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
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