Zacks Investment Research cut shares of Kemper Corporation (NYSE:KMPR) from a strong-buy rating to a hold rating in a report released on Wednesday.

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. “

Other analysts have also issued research reports about the company. TheStreet upgraded Kemper Corporation from a c rating to a b rating in a report on Tuesday, August 1st. BidaskClub upgraded 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 for the company in a report on Thursday, August 3rd. Finally, UBS AG upgraded Kemper Corporation from a market perform rating to a strong-buy rating in a report on Thursday, August 3rd. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $55.50.

Kemper Corporation (KMPR) opened at 57.25 on Wednesday. The stock has a market cap of $2.94 billion, a PE ratio of 57.71 and a beta of 1.11. Kemper Corporation has a 52 week low of $35.30 and a 52 week high of $57.70. The firm’s 50-day moving average price is $51.27 and its 200-day moving average price is $43.26.

Kemper Corporation (NYSE:KMPR) last issued its quarterly earnings data on Tuesday, August 1st. The insurance provider reported $0.41 EPS for the quarter, beating the 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 during the quarter, compared to analyst estimates of $641.20 million. During the same quarter in the prior year, the business posted $0.08 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities analysts predict that Kemper Corporation will post $1.36 earnings per share for the current fiscal year.

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In related news, Director Susan D. Whiting acquired 1,000 shares of Kemper Corporation stock in a transaction on Tuesday, August 22nd. The stock was acquired at an average price of $49.06 per share, for a total transaction of $49,060.00. Following the purchase, the director now owns 1,000 shares of the company’s stock, valued at approximately $49,060. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.92% of the company’s stock.

Several large investors have recently bought and sold shares of KMPR. Fiduciary Trust Co. acquired a new stake in Kemper Corporation in the 2nd quarter worth about $122,000. LS Investment Advisors LLC boosted its holdings in Kemper Corporation by 18.1% in the 2nd 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 during the last quarter. Riverhead Capital Management LLC boosted its holdings in Kemper Corporation by 78.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after buying an additional 2,128 shares during the last quarter. Flinton Capital Management LLC boosted its holdings in Kemper Corporation by 75.3% in the 2nd quarter. Flinton Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after buying an additional 2,074 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Kemper Corporation in the 1st quarter worth about $205,000. Hedge funds and other institutional investors own 56.06% of the company’s stock.

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.

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