Kemper Corporation (NYSE:KMPR) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report issued on Friday.

According to Zacks, “Kemper Corporation is a financial services provider. It specializes in property and casualty insurance, life and health insurance products for individuals, families, and small businesses. Kemper Corporation is based in Chicago, Illinois. “

A number of other research firms have also weighed in on KMPR. BidaskClub raised shares of Kemper Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, July 1st. TheStreet lowered shares of Kemper Corporation from a “b-” rating to a “c” rating in a research note on Thursday, May 4th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $50.00.

Kemper Corporation (KMPR) traded down 1.98% on Friday, hitting $37.05. 155,052 shares of the stock traded hands. Kemper Corporation has a 52 week low of $30.87 and a 52 week high of $45.95. The stock has a 50 day moving average of $38.91 and a 200 day moving average of $41.35. The firm has a market capitalization of $1.90 billion, a PE ratio of 102.92 and a beta of 1.11.

Kemper Corporation (NYSE:KMPR) last released its quarterly earnings data on Thursday, May 4th. The insurance provider reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.11. Kemper Corporation had a net margin of 0.73% and a return on equity of 0.44%. The firm had revenue of $651.40 million for the quarter, compared to analyst estimates of $652.25 million. During the same period last year, the firm earned ($0.01) earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts anticipate that Kemper Corporation will post $1.38 earnings per share for the current year.

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In other news, insider Mark A. Green purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The shares were bought at an average cost of $37.72 per share, with a total value of $37,720.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.92% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its position in Kemper Corporation 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 during the last quarter. Vanguard Group Inc. raised its position in Kemper Corporation 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 during the last quarter. Wellington Management Group LLP raised its position in Kemper Corporation 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 during the last quarter. State Street Corp raised its position in Kemper Corporation 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 during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Kemper Corporation by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 587,789 shares of the insurance provider’s stock worth $23,453,000 after buying an additional 17,651 shares during the last quarter. 55.11% of the stock is currently owned by institutional investors.

About Kemper Corporation

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.

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