Kemper Corp (NYSE:KMPR) has received an average rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $83.00.
Several analysts have recently weighed in on KMPR shares. Zacks Investment Research cut shares of Kemper from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. William Blair cut shares of Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 22nd. ValuEngine upgraded shares of Kemper from a “sell” rating to a “hold” rating in a research report on Thursday, September 5th. Finally, UBS Group started coverage on shares of Kemper in a research report on Monday, September 9th. They set a “buy” rating and a $87.00 price objective on the stock.
NYSE KMPR traded down $0.14 on Monday, hitting $77.76. The stock had a trading volume of 537,635 shares, compared to its average volume of 593,353. The firm has a 50-day moving average of $75.23 and a 200-day moving average of $82.34. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 17.79 and a beta of 1.25. Kemper has a 52-week low of $61.57 and a 52-week high of $91.97.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Friday, August 16th. Kemper’s dividend payout ratio (DPR) is currently 22.88%.
In other Kemper news, Director Robert Joseph Joyce bought 500 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average price of $69.75 per share, for a total transaction of $34,875.00. Following the transaction, the director now directly owns 12,196 shares in the company, valued at $850,671. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kimberly A. Holmes bought 2,600 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average price of $75.35 per share, for a total transaction of $195,910.00. Following the transaction, the executive vice president now owns 2,600 shares in the company, valued at $195,910. The disclosure for this purchase can be found here. 1.40% of the stock is owned by company insiders.
A number of large investors have recently modified their holdings of the stock. Princeton Global Asset Management LLC purchased a new position in Kemper in the 2nd quarter worth $521,000. Hancock Whitney Corp grew its holdings in Kemper by 225.0% in the 2nd quarter. Hancock Whitney Corp now owns 75,230 shares of the insurance provider’s stock worth $6,492,000 after acquiring an additional 52,085 shares during the last quarter. Boston Partners grew its holdings in Kemper by 5.6% in the 2nd quarter. Boston Partners now owns 204,048 shares of the insurance provider’s stock worth $17,607,000 after acquiring an additional 10,901 shares during the last quarter. Treasurer of the State of North Carolina bought a new stake in Kemper in the 2nd quarter worth $2,514,000. Finally, Royal Bank of Canada grew its holdings in Kemper by 169.2% in the 2nd quarter. Royal Bank of Canada now owns 87,516 shares of the insurance provider’s stock worth $7,552,000 after acquiring an additional 55,001 shares during the last quarter. Institutional investors own 68.83% of the company’s stock.
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.
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