Kemper (NYSE:KMPR) Stock Rating Lowered by StockNews.com

Kemper (NYSE:KMPR) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

A number of other research firms also recently weighed in on KMPR. JMP Securities restated a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a research note on Tuesday, October 15th. TD Cowen lifted their target price on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $79.00.

Kemper Stock Performance

Kemper stock opened at $65.81 on Thursday. The company has a market cap of $4.21 billion, a PE ratio of 15.67 and a beta of 0.88. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper has a 1 year low of $47.92 and a 1 year high of $73.01. The company’s 50-day moving average is $67.29 and its two-hundred day moving average is $63.14.

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

Institutional Trading of Kemper

A number of large investors have recently bought and sold shares of KMPR. Wilmington Savings Fund Society FSB purchased a new stake in Kemper in the third quarter valued at approximately $82,000. Sanctuary Advisors LLC purchased a new position in Kemper during the third quarter valued at $278,000. Barclays PLC grew its position in shares of Kemper by 72.3% in the 3rd quarter. Barclays PLC now owns 29,067 shares of the insurance provider’s stock worth $1,781,000 after buying an additional 12,196 shares during the period. Geode Capital Management LLC increased its stake in shares of Kemper by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock valued at $61,933,000 after purchasing an additional 9,412 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Kemper in the 3rd quarter worth approximately $275,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

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.