James J. Mckinney Acquires 275 Shares of Kemper Corp (KMPR) Stock
Kemper Corp (NYSE:KMPR) insider James J. Mckinney purchased 275 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The shares were acquired at an average cost of $37.68 per share, with a total value of $10,362.00. Following the completion of the transaction, the insider now directly owns 16,275 shares of the company’s stock, valued at approximately $613,242. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Kemper Corp (NYSE:KMPR) traded down 1.53% during mid-day trading on Wednesday, hitting $38.55. The company had a trading volume of 122,004 shares. The firm has a 50-day moving average price of $39.11 and a 200-day moving average price of $41.58. Kemper Corp has a 52 week low of $29.62 and a 52 week high of $45.95. The firm has a market capitalization of $1.98 billion, a PE ratio of 107.08 and a beta of 1.02.
Kemper Corp (NYSE:KMPR) last released its quarterly earnings data on Thursday, May 4th. The insurance provider reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.11. The business had revenue of $651.40 million for the quarter, compared to analysts’ expectations of $652.25 million. Kemper Corp had a return on equity of 0.64% and a net margin of 0.67%. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.01) EPS. Equities analysts forecast that Kemper Corp will post $1.43 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 30th. Investors of record on Monday, May 15th will be given a $0.24 dividend. The ex-dividend date is Thursday, May 11th. This represents a $0.96 annualized dividend and a yield of 2.49%. Kemper Corp’s dividend payout ratio (DPR) is presently 300.00%.
ILLEGAL ACTIVITY WARNING: “James J. Mckinney Acquires 275 Shares of Kemper Corp (KMPR) Stock” was published by American Banking News and is owned by of American Banking News. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/05/24/james-j-mckinney-acquires-275-shares-of-kemper-corp-kmpr-stock.html.
KMPR has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Kemper Corp from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 27th. TheStreet downgraded Kemper Corp from a “b-” rating to a “c” rating in a research report on Thursday, May 4th. Finally, Langen Mcalenn reaffirmed a “neutral” rating on shares of Kemper Corp in a research report on Wednesday, February 15th. Four equities research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $50.00.
A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in shares of Kemper Corp by 15,823.5% in the first quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock worth $185,293,000 after buying an additional 4,614,759 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Kemper Corp by 5.7% in the first quarter. Vanguard Group Inc. now owns 3,459,695 shares of the insurance provider’s stock worth $138,041,000 after buying an additional 185,850 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Kemper Corp by 6.3% in the first quarter. Wellington Management Group LLP now owns 2,492,739 shares of the insurance provider’s stock worth $99,461,000 after buying an additional 147,995 shares in the last quarter. State Street Corp raised its stake in shares of Kemper Corp by 0.7% in the first quarter. State Street Corp now owns 1,398,575 shares of the insurance provider’s stock worth $55,812,000 after buying an additional 9,166 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of Kemper Corp by 1.9% in the third quarter. Northern Trust Corp now owns 800,050 shares of the insurance provider’s stock worth $31,457,000 after buying an additional 14,622 shares in the last quarter. 57.76% of the stock is currently owned by institutional investors and hedge funds.
Kemper Corp Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
Receive News & Ratings for Kemper Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper Corp and related companies with MarketBeat.com's FREE daily email newsletter.