Kemper Corp. Major Shareholder Unloads $5,970,127 in Stock (KMPR)
Kemper Corp. (NASDAQ:KMPR) major shareholder Singleton Group Llc sold 176,318 shares of Kemper Corp. stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $33.86, for a total transaction of $5,970,127.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
A number of research firms have recently commented on KMPR. Analysts at Sandler O’Neill raised their price target on shares of Kemper Corp. (NASDAQ:KMPR) from $34.00 to $36.00 in a research note to investors on Thursday, July 11th. They now have a “hold” rating on the stock. Analysts at Zacks downgraded shares of Kemper Corp. (NASDAQ:KMPR) from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, July 8th. They now have a $37.70 price target on the stock.
Kemper Corp. (NASDAQ:KMPR) traded up 1.26% during mid-day trading on Friday, hitting $34.53. 121,402 shares of the company’s stock traded hands. Kemper Corp. has a one year low of $28.20 and a one year high of $36.56. The stock’s 50-day moving average is $34.39 and its 200-day moving average is $33.72. The company has a market cap of $1.965 billion and a P/E ratio of 13.29.
Kemper Corp. (NASDAQ:KMPR) last announced its earnings results on Thursday, August 1st. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.17. The company had revenue of $588.90 million for the quarter, compared to the consensus estimate of $588.39 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis.
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