Kemper (NYSE:KMPR) Upgraded at StockNews.com

StockNews.com upgraded shares of Kemper (NYSE:KMPR) from a hold rating to a buy rating in a research note issued to investors on Tuesday.

A number of other brokerages have also recently weighed in on KMPR. TD Cowen raised their target price on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Raymond James lifted their target price on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $85.00 target price on shares of Kemper in a report on Tuesday, October 15th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Kemper has an average rating of “Buy” and an average target price of $80.40.

Kemper Stock Up 0.1 %

Shares of KMPR stock opened at $64.67 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. The stock has a market cap of $4.14 billion, a PE ratio of 15.40 and a beta of 0.88. The business’s fifty day moving average is $67.76 and its 200-day moving average is $63.65. Kemper has a 1 year low of $49.02 and a 1 year high of $73.01.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business earned ($0.44) earnings per share. Kemper’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts expect that Kemper will post 5.36 earnings per share for the current fiscal year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a $0.31 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.92%. Kemper’s dividend payout ratio (DPR) is presently 29.52%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of Kemper by 114.7% in the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after buying an additional 559 shares during the period. Quarry LP boosted its stake in shares of Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after buying an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper in the third quarter worth $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Kemper during the third quarter valued at $82,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.