Kemper Corp. (KMPR) Receives Consensus Rating of “Hold” from Brokerages
Kemper Corp. (NYSE:KMPR) has earned an average recommendation of “Hold” from the six brokerages that are presently covering the company. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company.
KMPR has been the subject of several recent analyst reports. Zacks Investment Research upgraded Kemper Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 13th. William Blair restated a “market perform” rating on shares of Kemper Corp. in a research note on Saturday, September 10th. Janney Montgomery Scott downgraded Kemper Corp. from a “buy” rating to a “neutral” rating in a research note on Wednesday, August 10th. Langen Mcalenn downgraded Kemper Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 10th. Finally, TheStreet upgraded Kemper Corp. from a “hold” rating to a “buy” rating in a research report on Friday, August 5th.
Shares of Kemper Corp. (NYSE:KMPR) traded down 1.13% on Monday, hitting $39.20. 47,734 shares of the company traded hands. Kemper Corp. has a 1-year low of $23.51 and a 1-year high of $41.65. The firm’s 50 day moving average price is $37.92 and its 200-day moving average price is $33.89. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 45.37 and a beta of 0.98.
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Kemper Corp. (NYSE:KMPR) last released its earnings results on Thursday, August 4th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.23. The company earned $627.20 million during the quarter, compared to analyst estimates of $610.01 million. Kemper Corp. had a net margin of 1.80% and a return on equity of 2.25%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.53 EPS. On average, equities research analysts expect that Kemper Corp. will post $0.99 earnings per share for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of KMPR. Tower Research Capital LLC TRC increased its position in Kemper Corp. by 1,318.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,745 shares of the company’s stock worth $116,000 after buying an additional 3,481 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Kemper Corp. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 5,738 shares of the company’s stock worth $178,000 after buying an additional 694 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Kemper Corp. by 3.0% in the second quarter. Public Employees Retirement System of Ohio now owns 6,251 shares of the company’s stock worth $194,000 after buying an additional 180 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Kemper Corp. during the second quarter worth about $211,000. Finally, KCG Holdings Inc. bought a new stake in shares of Kemper Corp. during the second quarter worth about $221,000. Hedge funds and other institutional investors own 57.60% of the company’s stock.
Kemper Corp. Company Profile
Kemper Corporation is a diversified insurance holding company. The Company, through the subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company, through its subsidiaries, is engaged in the property and casualty insurance and life and health insurance businesses.
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