Kemper (NYSE:KMPR) Raised to Hold at Zacks Research

Kemper (NYSE:KMPR) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other research firms have also recently commented on KMPR. Wall Street Zen cut shares of Kemper from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Citizens Jmp cut shares of Kemper from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 5th. Citigroup cut shares of Kemper to a “market perform” rating in a research note on Thursday, February 5th. UBS Group decreased their target price on shares of Kemper from $56.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Weiss Ratings lowered shares of Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Kemper currently has a consensus rating of “Reduce” and a consensus target price of $54.50.

Kemper Price Performance

NYSE KMPR opened at $32.53 on Tuesday. Kemper has a 12 month low of $28.41 and a 12 month high of $66.13. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 14.85 and a beta of 1.14. The company’s 50 day moving average is $31.38 and its two-hundred day moving average is $38.25. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.35.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.60). Kemper had a return on equity of 8.02% and a net margin of 2.99%.The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the business posted $1.78 EPS. Kemper’s revenue was down 4.7% on a year-over-year basis. As a group, research analysts anticipate that Kemper will post 6.03 earnings per share for the current year.

Institutional Investors Weigh In On Kemper

A number of institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. grew its holdings in Kemper by 616.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock valued at $38,000 after buying an additional 814 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in Kemper during the 4th quarter valued at approximately $1,724,000. Mengis Capital Management Inc. grew its holdings in Kemper by 59.0% during the 4th quarter. Mengis Capital Management Inc. now owns 13,813 shares of the insurance provider’s stock valued at $560,000 after buying an additional 5,125 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Kemper by 24.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,969 shares of the insurance provider’s stock valued at $80,000 after buying an additional 389 shares in the last quarter. Finally, XTX Topco Ltd grew its holdings in Kemper by 61.4% during the 4th quarter. XTX Topco Ltd now owns 65,211 shares of the insurance provider’s stock valued at $2,644,000 after buying an additional 24,802 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.