Insider Selling: Kemper Corp. VP Unloads 9,864 Shares of Stock (KMPR)
Kemper Corp. (NASDAQ:KMPR) VP Scott Renwick unloaded 9,864 shares of the stock on the open market in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $37.00, for a total transaction of $364,968.00. Following the transaction, the vice president now directly owns 30,320 shares in the company, valued at approximately $1,121,840. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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.
Kemper Corp. (NASDAQ:KMPR) traded up 1.37% on Tuesday, hitting $37.68. 107,402 shares of the company’s stock traded hands. Kemper Corp. has a one year low of $31.59 and a one year high of $41.31. The stock’s 50-day moving average is $35.69 and its 200-day moving average is $38.08. The company has a market cap of $2.085 billion and a price-to-earnings ratio of 10.83.
Kemper Corp. (NASDAQ:KMPR) last announced its earnings results on Thursday, May 8th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was down 10.0% on a year-over-year basis. Analysts expect that Kemper Corp. will post $2.13 EPS for the current fiscal year.
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