Insider Selling: Kemper Corp. VP Unloads 6,000 Shares of Stock (KMPR)
Kemper Corp. (NASDAQ:KMPR) VP Scott Renwick sold 6,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $36.01, for a total transaction of $216,060.00. Following the completion of the transaction, the vice president now directly owns 58,184 shares of the company’s stock, valued at approximately $2,095,206. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on KMPR. Analysts at Sandler O’Neill reiterated a “buy” rating on shares of Kemper Corp. in a research note on Monday, June 2nd. They now have a $41.00 price target on the stock, down previously from $42.00. Analysts at Zacks downgraded shares of Kemper Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $43.40 price target on the stock.
Shares of Kemper Corp. (NASDAQ:KMPR) traded down 0.08% during mid-day trading on Thursday, hitting $36.09. 282,385 shares of the company’s stock traded hands. Kemper Corp. has a 1-year low of $31.59 and a 1-year high of $41.31. The stock has a 50-day moving average of $36.39 and a 200-day moving average of $38.17. The company has a market cap of $1.997 billion and a P/E ratio of 10.53.
Kemper Corp. (NASDAQ:KMPR) last released its earnings data on Thursday, May 8th. The company reported $0.56 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.65 by $0.09. The company had revenue of $554.60 million for the quarter, compared to the consensus estimate of $567.21 million. During the same quarter last year, the company posted $1.00 earnings per share. Kemper Corp.’s revenue was down 10.0% compared to the same quarter last year. On average, analysts predict that Kemper Corp. will post $2.32 earnings per share for the current fiscal year.
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