Published On: Wed, Sep 14th, 2016

Kemper Corp. (KMPR) Stock Rating Upgraded by Zacks Investment Research

Kemper Corp. (NYSE:KMPR) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Kemper Corporation is a financial services provider. It specializes in property and casualty insurance, life and health insurance products for individuals, families, and small businesses. Kemper Corporation is based in Chicago, Illinois. “
A number of other equities research analysts also recently commented on the company. TheStreet raised Kemper Corp. from a “hold” rating to a “buy” rating in a report on Friday, August 5th. Janney Montgomery Scott downgraded Kemper Corp. from a “buy” rating to a “neutral” rating in a report on Wednesday, August 10th. Langen Mcalenn downgraded Kemper Corp. from a “buy” rating to a “neutral” rating in a report on Wednesday, August 10th. Finally, William Blair reaffirmed a “market perform” rating on shares of Kemper Corp. in a report on Saturday. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $38.00.

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Shares of Kemper Corp. (NYSE:KMPR) traded down 1.62% during midday trading on Tuesday, reaching $36.38. 118,855 shares of the company’s stock were exchanged. The stock has a market cap of $1.86 billion, a P/E ratio of 42.11 and a beta of 0.98. Kemper Corp. has a one year low of $23.51 and a one year high of $41.65. The company’s 50-day moving average is $36.62 and its 200-day moving average is $32.44.
Kemper Corp. (NYSE:KMPR) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.23. Kemper Corp. had a return on equity of 2.25% and a net margin of 1.80%. The business had revenue of $627.20 million for the quarter, compared to analyst estimates of $610.01 million. During the same quarter in the previous year, the firm earned $0.53 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. Equities analysts expect that Kemper Corp. will post $1.00 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, August 29th. Shareholders of record on Monday, August 15th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend was Thursday, August 11th. Kemper Corp.’s payout ratio is presently 111.63%.
A number of hedge funds and other institutional investors have recently made changes to their positions in KMPR. Tower Research Capital LLC TRC increased its position in shares of Kemper Corp. by 1,318.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,745 shares of the company’s stock worth $116,000 after buying an additional 3,481 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of Kemper Corp. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 5,738 shares of the company’s stock worth $178,000 after buying an additional 694 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Kemper Corp. by 3.0% in the second quarter. Public Employees Retirement System of Ohio now owns 6,251 shares of the company’s stock worth $194,000 after buying an additional 180 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Kemper Corp. during the second quarter worth about $211,000. Finally, KCG Holdings Inc. bought a new position in shares of Kemper Corp. during the second quarter worth about $221,000. 57.72% of the stock is owned by institutional investors.
Kemper Corp. Company Profile
Kemper Corporation is a diversified insurance holding company. The Company, through the subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company, through its subsidiaries, is engaged in the property and casualty insurance and life and health insurance businesses.

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