Kemper Corporation (KMPR) Reaches New 1-Year High at $49.75

Barsaba Taglieri
Agosto 16, 2017

The firm owned 67,680 shares of the insurance provider's stock after buying an additional 1,705 shares during the period. Teachers Advisors LLC owned approximately 0.13% of Kemper Corporation worth $2,700,000 as of its most recent filing with the SEC.

Several large investors have recently modified their holdings of the stock. Flinton Capital Management LLC increased its position in shares of Kemper Corporation by 75.3% in the second quarter. Teachers Advisors LLC now owns 65,975 shares of the insurance provider's stock valued at $2,923,000 after buying an additional 1,942 shares during the period. Capstone Asset Management Co. raised its position in shares of Kemper Corporation by 7.2% in the first quarter. Capstone Asset Management Co. now owns 7,262 shares of the insurance provider's stock valued at $290,000 after buying an additional 490 shares during the period. Two analysts have issued estimates for Kemper Corporation's earnings. Louisiana State Employees Retirement System now owns 12,300 shares of the insurance provider's stock valued at $491,000 after buying an additional 300 shares in the last quarter. Fiduciary Trust Co. acquired a new stake in shares of Kemper Corporation during the second quarter worth $122,000. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Kemper Corporation by 1.2% in the first quarter. State Treasurer State of MI now owns 19,750 shares of the insurance provider's stock valued at $788,000 after buying an additional 200 shares in the last quarter.

Shares of Kemper Corporation (NYSE:KMPR) traded up 0.10% during trading on Friday, hitting $49.60. Two investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and three have issued a strong buy recommendation on the company. The firm has a market cap of $2.53 billion, a PE ratio of 49.80 and a beta of 1.11. The stock has a 50 day moving average price of $40.32 and a 200 day moving average price of $40.61. Kemper Corporation has a 12-month low of $35.30 and a 12-month high of $49.85.

Kemper Corporation (NYSE:KMPR) last posted its quarterly earnings results on Tuesday, August 1st. The insurance provider reported ($0.08) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.19) by $0.11. The value of the total investment in Kemper Corporation went from $1,948,000 to $311,000 a change of 84.0% quarter over quarter. The business had revenue of $684.40 million for the quarter, compared to analysts' expectations of $641.20 million. During the same quarter a year ago, the business posted $0.08 earnings per share. Kemper Corporation's revenue for the quarter was up 9.1% compared to the same quarter past year. On average, equities research analysts predict that Kemper Corporation will post $1.70 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 28th. The ex-dividend date will be Thursday August 10th, 2017. This represents a $0.96 annualized dividend and a yield of 1.94%.

Kemper Corporation (Kemper), launched on February 14, 1990, is a diversified insurance holding company.

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A number of brokerages recently weighed in on KMPR. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. BidaskClub raised shares of Kemper Corporation from a "hold" rating to a "buy" rating in a report on Saturday, August 5th. Raymond James Financial, Inc. upgraded Kemper Corporation from a "market perform" rating to a "strong-buy" rating and set a $55.00 price objective on the stock in a report on Thursday, August 3rd. UBS AG upgraded shares of Kemper Corporation from a "market perform" rating to a "strong-buy" rating in a report on Thursday, August 3rd. Finally, TheStreet upgraded shares of Kemper Corporation from a "c" rating to a "b" rating in a report on Tuesday, August 1st. Kemper Corporation has an average rating of "Buy" and an average price target of $55.50. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses.

As of the end of the quarter Manufacturers Life Insurance Company, The had disposed of a total of 40,765 shares trimming its position 83.5%.

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