Kemper (NYSE:KMPR) EVP Acquires 1,000 Shares

Kemper Corporation (NYSE:KMPRGet Free Report) EVP Carl Thomas Jr. Evans acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $26.53 per share, with a total value of $26,530.00. Following the completion of the transaction, the executive vice president directly owned 91,629 shares of the company’s stock, valued at $2,430,917.37. This trade represents a 1.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kemper Price Performance

NYSE KMPR traded down $0.18 on Tuesday, hitting $26.21. The stock had a trading volume of 812,287 shares, compared to its average volume of 1,039,576. The firm has a 50-day moving average of $27.29 and a 200-day moving average of $30.33. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.17 and a current ratio of 0.17. Kemper Corporation has a 52-week low of $22.69 and a 52-week high of $54.90. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of -3.12 and a beta of 1.04.

Kemper (NYSE:KMPRGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.11. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The business’s quarterly revenue was down 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 earnings per share. Equities analysts expect that Kemper Corporation will post 1.93 EPS for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, August 21st. Kemper’s dividend payout ratio (DPR) is -15.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Huntington National Bank increased its holdings in shares of Kemper by 187.1% in the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after buying an additional 421 shares during the period. Danske Bank A S bought a new position in Kemper during the 3rd quarter worth approximately $36,000. Signaturefd LLC bought a new position in Kemper during the 4th quarter worth approximately $32,000. Rockefeller Capital Management L.P. increased its stake in Kemper by 616.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock worth $38,000 after purchasing an additional 814 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in Kemper by 11,455.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,040 shares of the insurance provider’s stock worth $42,000 after purchasing an additional 1,031 shares during the period. 86.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on KMPR shares. UBS Group decreased their price target on shares of Kemper from $44.00 to $43.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings downgraded shares of Kemper from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. Wall Street Zen upgraded shares of Kemper from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Finally, Piper Sandler lowered their price target on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Kemper has an average rating of “Reduce” and a consensus price target of $43.67.

Read Our Latest Stock Report on Kemper

About Kemper

(Get Free Report)

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.

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