Kemper Corporation (NYSE:KMPR) Receives Consensus Rating of “Reduce” from Analysts

Kemper Corporation (NYSE:KMPR) has been given a consensus recommendation of “Reduce” by the nine brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $51.75.

KMPR has been the topic of several analyst reports. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. UBS Group dropped their target price on Kemper from $48.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Kemper in a report on Friday, June 12th. Finally, Piper Sandler dropped their target price on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a report on Thursday, May 7th.

Institutional Trading of Kemper

Several hedge funds and other institutional investors have recently bought and sold shares of KMPR. Integrated Wealth Concepts LLC grew its holdings in Kemper by 39.9% during the first quarter. Integrated Wealth Concepts LLC now owns 4,933 shares of the insurance provider’s stock worth $330,000 after acquiring an additional 1,406 shares during the period. Goldman Sachs Group Inc. grew its holdings in Kemper by 16.2% in the first quarter. Goldman Sachs Group Inc. now owns 557,786 shares of the insurance provider’s stock valued at $37,288,000 after purchasing an additional 77,764 shares during the period. United Services Automobile Association acquired a new stake in Kemper in the first quarter valued at approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Kemper by 4.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 198,248 shares of the insurance provider’s stock valued at $13,253,000 after purchasing an additional 9,008 shares during the period. Finally, Jane Street Group LLC grew its holdings in Kemper by 112.7% in the first quarter. Jane Street Group LLC now owns 10,516 shares of the insurance provider’s stock valued at $703,000 after purchasing an additional 5,573 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Stock Up 5.5%

Shares of KMPR stock opened at $26.80 on Friday. The stock’s 50-day simple moving average is $28.46 and its 200-day simple moving average is $32.86. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market capitalization of $1.58 billion, a PE ratio of 43.23 and a beta of 1.06. Kemper has a fifty-two week low of $22.69 and a fifty-two week high of $64.96.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, May 6th. The insurance provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.60). The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Kemper had a return on equity of 4.80% and a net margin of 0.89%.The firm’s revenue was down 7.2% on a year-over-year basis. During the same period last year, the business earned $1.65 earnings per share. Equities analysts expect that Kemper will post 2.03 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, May 18th. Kemper’s dividend payout ratio (DPR) is 206.45%.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.