Kemper (NYSE:KMPR) Downgraded by StockNews.com to Hold

Kemper (NYSE:KMPR) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

A number of other research analysts also recently commented on KMPR. TD Cowen raised their target price on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. JMP Securities reissued a “market outperform” rating and set a $85.00 target price on shares of Kemper in a research report on Tuesday, October 15th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Kemper presently has a consensus rating of “Buy” and a consensus target price of $79.00.

Kemper Trading Down 2.5 %

KMPR traded down $1.69 on Tuesday, reaching $66.14. 349,848 shares of the company traded hands, compared to its average volume of 371,643. Kemper has a one year low of $47.12 and a one year high of $73.01. The firm has a fifty day simple moving average of $66.86 and a two-hundred day simple moving average of $62.91. The company has a market cap of $4.24 billion, a P/E ratio of 15.75 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.44) EPS. As a group, equities research analysts expect that Kemper will post 5.36 earnings per share for the current year.

Institutional Trading of Kemper

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC grew its position in Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of 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 purchasing an additional 559 shares during the period. Quarry LP lifted its stake in shares of Kemper by 105.1% in the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after purchasing an additional 329 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Kemper in the 3rd quarter valued at $46,000. Finally, Blue Trust Inc. lifted its stake in shares of Kemper by 89.0% in the 2nd quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock valued at $75,000 after purchasing an additional 572 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.