Kemper Corp (KMPR) Director Purchases $41,775.00 in Stock

Kemper Corp (NYSE:KMPR) Director George N. Cochran acquired 500 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The shares were purchased at an average cost of $83.55 per share, with a total value of $41,775.00. Following the transaction, the director now directly owns 9,428 shares of the company’s stock, valued at $787,709.40. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

NYSE:KMPR traded up $2.40 on Friday, reaching $85.40. 365,303 shares of the stock traded hands, compared to its average volume of 219,760. The company has a market capitalization of $5.44 billion, a PE ratio of 52.07 and a beta of 1.13. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Kemper Corp has a 1-year low of $49.15 and a 1-year high of $87.00.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Monday, July 30th. The insurance provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.67 by $0.03. Kemper had a net margin of 6.24% and a return on equity of 7.80%. The company had revenue of $741.90 million during the quarter, compared to the consensus estimate of $706.27 million. During the same quarter last year, the firm posted $0.71 EPS. The company’s quarterly revenue was up 8.4% on a year-over-year basis. research analysts predict that Kemper Corp will post 4.55 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 27th. Shareholders of record on Monday, August 13th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.12%. The ex-dividend date was Friday, August 10th. Kemper’s dividend payout ratio (DPR) is presently 58.54%.

A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a report on Friday, August 3rd. ValuEngine cut shares of Kemper from a “buy” rating to a “hold” rating in a report on Friday, August 3rd.

A number of large investors have recently modified their holdings of KMPR. FDx Advisors Inc. bought a new position in Kemper during the 1st quarter valued at $399,000. Wells Fargo & Company MN raised its stake in shares of Kemper by 35.6% during the 1st quarter. Wells Fargo & Company MN now owns 99,914 shares of the insurance provider’s stock worth $5,695,000 after purchasing an additional 26,234 shares during the period. Victory Capital Management Inc. raised its stake in shares of Kemper by 16.0% during the 1st quarter. Victory Capital Management Inc. now owns 562,479 shares of the insurance provider’s stock worth $32,061,000 after purchasing an additional 77,392 shares during the period. Prudential Financial Inc. raised its stake in shares of Kemper by 208.0% during the 1st quarter. Prudential Financial Inc. now owns 157,310 shares of the insurance provider’s stock worth $8,967,000 after purchasing an additional 106,230 shares during the period. Finally, Swiss National Bank raised its stake in shares of Kemper by 3.3% during the 1st quarter. Swiss National Bank now owns 71,500 shares of the insurance provider’s stock worth $4,076,000 after purchasing an additional 2,300 shares during the period. Institutional investors and hedge funds own 52.36% of the company’s stock.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.

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