Kimberly A. Holmes Purchases 2,600 Shares of Kemper Corp (NYSE:KMPR) Stock

Kemper Corp (NYSE:KMPR) EVP Kimberly A. Holmes bought 2,600 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were acquired at an average price of $75.35 per share, with a total value of $195,910.00. Following the completion of the transaction, the executive vice president now directly owns 2,600 shares of the company’s stock, valued at approximately $195,910. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NYSE KMPR traded down $0.08 during trading hours on Monday, hitting $75.61. 217,288 shares of the company’s stock traded hands, compared to its average volume of 349,845. The firm has a market capitalization of $5.01 billion, a P/E ratio of 17.30 and a beta of 1.25. Kemper Corp has a 52 week low of $61.57 and a 52 week high of $91.97. The business’s fifty day moving average price is $76.75 and its two-hundred day moving average price is $82.57. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.28.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Monday, August 5th. The insurance provider reported $1.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.02. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. Kemper had a net margin of 7.83% and a return on equity of 10.84%. The company’s revenue was up 71.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 earnings per share. On average, sell-side analysts expect that Kemper Corp will post 5.65 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a $0.25 dividend. The ex-dividend date was Friday, August 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.32%. Kemper’s payout ratio is currently 22.88%.

KMPR has been the subject of several recent research reports. UBS Group initiated coverage on shares of Kemper in a research report on Monday, September 9th. They set a “buy” rating and a $87.00 target price for the company. ValuEngine upgraded shares of Kemper from a “sell” rating to a “hold” rating in a research report on Thursday, September 5th. William Blair lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 22nd. Finally, Zacks Investment Research lowered shares of Kemper from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $86.25.

Several institutional investors and hedge funds have recently bought and sold shares of the business. Princeton Global Asset Management LLC bought a new position in shares of Kemper in the second quarter worth approximately $521,000. Hancock Whitney Corp boosted its position in shares of Kemper by 225.0% in the second quarter. Hancock Whitney Corp now owns 75,230 shares of the insurance provider’s stock worth $6,492,000 after purchasing an additional 52,085 shares during the period. Boston Partners boosted its position in shares of Kemper by 5.6% in the second quarter. Boston Partners now owns 204,048 shares of the insurance provider’s stock worth $17,607,000 after purchasing an additional 10,901 shares during the period. Treasurer of the State of North Carolina bought a new position in shares of Kemper in the second quarter worth approximately $2,514,000. Finally, Royal Bank of Canada boosted its position in shares of Kemper by 169.2% in the second quarter. Royal Bank of Canada now owns 87,516 shares of the insurance provider’s stock worth $7,552,000 after purchasing an additional 55,001 shares during the period. Institutional investors and hedge funds own 68.83% of the company’s stock.

About Kemper

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.

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