JPMorgan Chase & Co. lessened its holdings in Kemper Corporation (NYSE:KMPR) by 9.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,766 shares of the insurance provider’s stock after selling 11,717 shares during the period. JPMorgan Chase & Co. owned about 0.23% of Kemper Corporation worth $4,507,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. BlackRock Inc. raised its stake in shares of Kemper Corporation by 15,823.5% in the 1st quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock valued at $185,293,000 after acquiring an additional 4,614,759 shares during the period. Vanguard Group Inc. raised its stake in shares of Kemper Corporation by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 3,459,695 shares of the insurance provider’s stock valued at $138,041,000 after acquiring an additional 185,850 shares during the period. Wellington Management Group LLP raised its stake in shares of Kemper Corporation by 6.3% in the 1st quarter. Wellington Management Group LLP now owns 2,492,739 shares of the insurance provider’s stock valued at $99,461,000 after acquiring an additional 147,995 shares during the period. State Street Corp raised its stake in shares of Kemper Corporation by 0.7% in the 1st quarter. State Street Corp now owns 1,398,575 shares of the insurance provider’s stock valued at $55,812,000 after acquiring an additional 9,166 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Kemper Corporation by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 596,351 shares of the insurance provider’s stock valued at $23,019,000 after acquiring an additional 8,562 shares during the period. 56.06% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Susan D. Whiting acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average cost of $49.06 per share, with a total value of $49,060.00. Following the acquisition, the director now owns 1,000 shares in the company, valued at $49,060. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.92% of the stock is currently owned by corporate insiders.

Shares of Kemper Corporation (NYSE KMPR) opened at 54.85 on Friday. The stock has a market cap of $2.81 billion, a P/E ratio of 55.29 and a beta of 1.11. The company’s 50-day moving average is $50.25 and its 200 day moving average is $42.64. Kemper Corporation has a 1-year low of $35.30 and a 1-year high of $55.15.

Kemper Corporation (NYSE:KMPR) last posted its earnings results on Tuesday, August 1st. The insurance provider reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.23. The company had revenue of $684.40 million during the quarter, compared to the consensus estimate of $641.20 million. Kemper Corporation had a net margin of 1.95% and a return on equity of 1.26%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 earnings per share. Equities research analysts anticipate that Kemper Corporation will post $1.16 EPS for the current year.

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A number of brokerages have recently commented on KMPR. BidaskClub raised shares of Kemper Corporation from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Zacks Investment Research raised shares of Kemper Corporation from a “hold” rating to a “strong-buy” rating and set a $56.00 target price on the stock in a research note on Tuesday, August 15th. Raymond James Financial, Inc. raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 target price on the stock in a research note on Thursday, August 3rd. UBS AG raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Finally, TheStreet raised shares of Kemper Corporation from a “c” rating to a “b” rating in a research note on Tuesday, August 1st. One research analyst has rated the stock with a hold rating and four have given a strong buy rating to the stock. The stock currently has a consensus rating of “Strong Buy” and an average price target of $55.50.

Kemper Corporation 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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Institutional Ownership by Quarter for Kemper Corporation (NYSE:KMPR)

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