Kemper (NYSE:KMPR) CFO Bradley Camden Buys 1,000 Shares of Stock

Kemper Corporation (NYSE:KMPR) CFO Bradley Camden purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $26.34 per share, with a total value of $26,340.00. Following the purchase, the chief financial officer owned 51,259 shares in the company, valued at $1,350,162.06. This represents a 1.99% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kemper Stock Performance

KMPR traded down $0.18 on Tuesday, hitting $26.21. The company had a trading volume of 812,287 shares, compared to its average volume of 1,039,576. Kemper Corporation has a 1-year low of $22.69 and a 1-year high of $54.90. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -3.12 and a beta of 1.04. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.17 and a quick ratio of 0.17. The company’s fifty day moving average price is $27.29 and its 200 day moving average price is $30.33.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The firm’s revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.30 EPS. Equities analysts predict that Kemper Corporation will post 1.93 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be paid a $0.32 dividend. The ex-dividend date is Friday, August 21st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.9%. Kemper’s payout ratio is -15.24%.

Analyst Ratings Changes

Several brokerages have issued reports on KMPR. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Piper Sandler decreased their price objective on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Weiss Ratings downgraded shares of Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday. Finally, UBS Group reduced their price objective on Kemper from $44.00 to $43.00 and set a “buy” rating on the stock in a report on Monday. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Kemper has a consensus rating of “Reduce” and an average target price of $43.67.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Huntington National Bank grew its stake in shares of Kemper by 187.1% during the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 421 shares during the period. Danske Bank A S acquired a new position in Kemper in the third quarter valued at about $36,000. Signaturefd LLC acquired a new position in Kemper in the fourth quarter valued at about $32,000. Rockefeller Capital Management L.P. boosted its holdings in Kemper by 616.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock worth $38,000 after buying an additional 814 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Kemper by 11,455.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,040 shares of the insurance provider’s stock valued at $42,000 after acquiring an additional 1,031 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

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.