BidaskClub upgraded shares of Kemper Corporation (NYSE:KMPR) from a hold rating to a buy rating in a report released on Saturday morning.

A number of other equities research analysts have also recently commented on KMPR. UBS AG upgraded Kemper Corporation from a market perform rating to a strong-buy rating in a research report on Thursday. TheStreet upgraded Kemper Corporation from a c rating to a b rating in a research report on Tuesday, August 1st. Raymond James Financial, Inc. upgraded Kemper Corporation from a market perform rating to a strong-buy rating and set a $55.00 target price on the stock in a research report on Thursday. Finally, Zacks Investment Research cut Kemper Corporation from a hold rating to a strong sell rating in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. Kemper Corporation has an average rating of Buy and a consensus price target of $52.50.

Shares of Kemper Corporation (KMPR) traded up 1.06% during trading on Friday, hitting $47.60. The stock had a trading volume of 238,010 shares. The firm has a market cap of $2.44 billion, a P/E ratio of 47.98 and a beta of 1.11. The firm has a 50 day moving average price of $38.77 and a 200 day moving average price of $40.35. Kemper Corporation has a 12-month low of $33.75 and a 12-month high of $47.70.

Kemper Corporation (NYSE:KMPR) last posted its earnings results on Tuesday, August 1st. The insurance provider reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.23. Kemper Corporation had a return on equity of 1.26% and a net margin of 1.95%. The firm had revenue of $684.40 million for the quarter, compared to analysts’ expectations of $641.20 million. During the same period last year, the firm earned $0.08 EPS. The company’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities analysts expect that Kemper Corporation will post $1.60 earnings per share for the current fiscal year.

WARNING: “Kemper Corporation (KMPR) Upgraded to “Buy” by BidaskClub” was first published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/06/kemper-corporation-kmpr-upgraded-to-buy-by-bidaskclub.html.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 14th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, August 10th. Kemper Corporation’s dividend payout ratio (DPR) is presently 97.96%.

In related news, insider Mark A. Green purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The shares were purchased 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 SEC, which is available at this link. Company insiders own 0.92% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. LS Investment Advisors LLC raised its position in shares of Kemper Corporation by 18.1% in the second quarter. LS Investment Advisors LLC now owns 3,779 shares of the insurance provider’s stock worth $146,000 after buying an additional 580 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Kemper Corporation during the first quarter worth $205,000. Capital Fund Management S.A. bought a new position in shares of Kemper Corporation during the first quarter worth $223,000. ING Groep NV bought a new position in shares of Kemper Corporation during the second quarter worth $229,000. Finally, Paloma Partners Management Co bought a new position in shares of Kemper Corporation during the first quarter worth $239,000. 55.18% of the stock is currently owned by hedge funds and other institutional investors.

Kemper Corporation 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 Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper Corporation and related companies with MarketBeat.com's FREE daily email newsletter.