Kemper Co. (NYSE:KMPR) Receives Average Recommendation of “Buy” from Analysts

Shares of Kemper Co. (NYSE:KMPR) have been given an average recommendation of “Buy” by the five brokerages that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $71.40.

Separately, JMP Securities upped their price objective on shares of Kemper from $75.00 to $80.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 17th.

Kemper Stock Down 1.4 %

KMPR stock opened at $63.17 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.54. The company’s 50 day moving average is $60.18 and its 200 day moving average is $59.17. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of -33.25 and a beta of 0.89. Kemper has a 1-year low of $38.32 and a 1-year high of $65.93.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, May 1st. The insurance provider reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.02). The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.01 billion. Kemper had a positive return on equity of 3.03% and a negative net margin of 2.52%. The firm’s revenue for the quarter was down 11.7% on a year-over-year basis. During the same quarter last year, the company posted ($1.02) earnings per share. Sell-side analysts predict that Kemper will post 4.67 EPS for the current fiscal year.

Insider Buying and Selling at Kemper

In other Kemper news, Director Gerald Laderman purchased 5,000 shares of Kemper stock in a transaction on Friday, May 10th. The shares were acquired at an average cost of $61.01 per share, for a total transaction of $305,050.00. Following the completion of the transaction, the director now directly owns 16,700 shares of the company’s stock, valued at $1,018,867. The purchase was disclosed in a filing with the SEC, which is available at this link. Company insiders own 6.20% of the company’s stock.

Institutional Trading of Kemper

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Kemper by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock valued at $301,935,000 after purchasing an additional 28,095 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Kemper by 3.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock valued at $118,827,000 after purchasing an additional 83,618 shares during the period. Schroder Investment Management Group boosted its stake in shares of Kemper by 9.6% during the fourth quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider’s stock valued at $88,605,000 after purchasing an additional 158,830 shares during the period. Lord Abbett & CO. LLC boosted its stake in shares of Kemper by 3.0% during the first quarter. Lord Abbett & CO. LLC now owns 791,145 shares of the insurance provider’s stock valued at $48,988,000 after purchasing an additional 23,285 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of Kemper by 65.2% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock valued at $37,012,000 after purchasing an additional 246,184 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.