Kemper Corp (NYSE:KMPR) Director George N. Cochran bought 500 shares of the stock in a transaction dated Wednesday, September 12th. The shares were acquired at an average price of $83.55 per share, for a total transaction of $41,775.00. Following the completion of the purchase, the director now directly owns 9,428 shares in the company, valued at $787,709.40. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
KMPR traded up $2.40 during trading hours on Friday, hitting $85.40. The stock had a trading volume of 365,303 shares, compared to its average volume of 219,760. Kemper Corp has a 1 year low of $49.15 and a 1 year high of $87.00. The firm has a market cap of $5.44 billion, a P/E ratio of 52.07 and a beta of 1.13. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.
Kemper (NYSE:KMPR) last announced its quarterly earnings data on Monday, July 30th. The insurance provider reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. Kemper had a return on equity of 7.80% and a net margin of 6.24%. The company had revenue of $741.90 million during the quarter, compared to analyst estimates of $706.27 million. During the same quarter last year, the firm posted $0.71 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. research analysts predict that Kemper Corp will post 4.55 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 27th. Investors of record on Monday, August 13th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.12%. The ex-dividend date was Friday, August 10th. Kemper’s dividend payout ratio (DPR) is currently 58.54%.
A number of equities research analysts have recently commented on the company. Zacks Investment Research upgraded Kemper from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Friday, August 3rd. ValuEngine lowered Kemper from a “buy” rating to a “hold” rating in a report on Friday, August 3rd.
Institutional investors and hedge funds have recently made changes to their positions in the stock. James Investment Research Inc. purchased a new position in Kemper during the 2nd quarter valued at about $153,000. Gateway Investment Advisers LLC purchased a new position in Kemper during the 2nd quarter valued at about $214,000. Dynamic Technology Lab Private Ltd purchased a new position in Kemper during the 2nd quarter valued at about $217,000. Campbell & CO Investment Adviser LLC purchased a new position in Kemper during the 2nd quarter valued at about $227,000. Finally, Fiduciary Trust Co. purchased a new position in Kemper during the 2nd quarter valued at about $238,000. 52.36% of the stock is owned by institutional investors.
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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