BidaskClub upgraded shares of Kemper Corporation (NYSE:KMPR) from a sell rating to a hold rating in a report published on Monday, July 24th.
A number of other research firms have also recently commented on KMPR. Zacks Investment Research upgraded Kemper Corporation from a strong sell rating to a hold rating in a research report on Thursday, May 11th. TheStreet cut Kemper Corporation from a b- rating to a c rating in a research report on Thursday, May 4th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company. The company has a consensus rating of Buy and an average target price of $55.50.
Shares of Kemper Corporation (KMPR) opened at 49.05 on Monday. Kemper Corporation has a 1-year low of $35.30 and a 1-year high of $50.00. The firm’s 50-day moving average price is $42.16 and its 200 day moving average price is $40.82. The stock has a market cap of $2.52 billion, a P/E ratio of 49.45 and a beta of 1.11.
Kemper Corporation (NYSE:KMPR) last posted its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.23. Kemper Corporation had a return on equity of 1.26% and a net margin of 1.95%. The company had revenue of $684.40 million for the quarter, compared to analysts’ expectations of $641.20 million. During the same period last year, the firm earned $0.08 earnings per share. Kemper Corporation’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities analysts expect that Kemper Corporation will post $1.70 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This news story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://stocknewstimes.com/2017/08/19/kemper-corporation-nysekmpr-upgraded-to-hold-at-bidaskclub-updated-updated-updated.html.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 14th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Thursday, August 10th. Kemper Corporation’s dividend payout ratio (DPR) is currently 97.96%.
Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Kemper Corporation by 15,823.5% in the first quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock worth $185,293,000 after buying an additional 4,614,759 shares during the period. Vanguard Group Inc. boosted its stake in Kemper Corporation by 4.3% in the second quarter. Vanguard Group Inc. now owns 3,609,922 shares of the insurance provider’s stock worth $139,342,000 after buying an additional 150,227 shares during the period. Wellington Management Group LLP raised its position in Kemper Corporation by 6.3% in the first quarter. Wellington Management Group LLP now owns 2,492,739 shares of the insurance provider’s stock worth $99,461,000 after buying an additional 147,995 shares in the last quarter. State Street Corp raised its position in Kemper Corporation by 3.5% in the second quarter. State Street Corp now owns 1,448,146 shares of the insurance provider’s stock worth $55,897,000 after buying an additional 49,571 shares in the last quarter. Finally, Westwood Holdings Group Inc. raised its position in Kemper Corporation by 217.9% in the second quarter. Westwood Holdings Group Inc. now owns 828,927 shares of the insurance provider’s stock worth $32,190,000 after buying an additional 568,157 shares in the last quarter. Institutional investors and hedge funds own 55.00% of the company’s stock.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
Receive News & Ratings for Kemper Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
