Gerald Laderman Buys 2,500 Shares of Kemper Co. (NYSE:KMPR) Stock

Kemper Co. (NYSE:KMPR) Director Gerald Laderman bought 2,500 shares of the business’s stock in a transaction dated Tuesday, June 10th. The shares were bought at an average cost of $62.24 per share, with a total value of $155,600.00. Following the purchase, the director now directly owns 21,635 shares of the company’s stock, valued at approximately $1,346,562.40. This represents a 13.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kemper Price Performance

KMPR traded up $1.05 on Wednesday, reaching $62.53. 176,404 shares of the company’s stock were exchanged, compared to its average volume of 385,487. Kemper Co. has a twelve month low of $53.57 and a twelve month high of $73.01. The stock has a market cap of $4.00 billion, a PE ratio of 12.72 and a beta of 1.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The stock’s fifty day moving average price is $60.89 and its 200-day moving average price is $64.77.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, May 7th. The insurance provider reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.17. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. Kemper had a net margin of 6.85% and a return on equity of 14.11%. The business’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the company posted $1.07 EPS. Sell-side analysts expect that Kemper Co. will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Monday, May 19th. Kemper’s dividend payout ratio (DPR) is currently 23.93%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wall Street Zen cut Kemper from a “strong-buy” rating to a “buy” rating in a report on Friday, June 6th. Piper Sandler lowered their price target on Kemper from $86.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Kemper has a consensus rating of “Buy” and a consensus target price of $79.40.

Institutional Trading of Kemper

Large investors have recently added to or reduced their stakes in the stock. CX Institutional purchased a new position in shares of Kemper during the 1st quarter worth $38,000. EverSource Wealth Advisors LLC raised its stake in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 352 shares during the period. UMB Bank n.a. raised its stake in Kemper by 104.4% during the first quarter. UMB Bank n.a. now owns 650 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 332 shares during the period. CENTRAL TRUST Co acquired a new position in Kemper in the 1st quarter valued at about $44,000. Finally, Bayforest Capital Ltd purchased a new stake in shares of Kemper in the 1st quarter valued at approximately $44,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Company Profile

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.