Kemper Corporation $KMPR Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in Kemper Corporation (NYSE:KMPR) by 18.5% during the second quarter, Holdings Channel reports. The firm owned 112,792 shares of the insurance provider’s stock after selling 25,618 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Kemper were worth $3,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KMPR. Huntington National Bank boosted its holdings in 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 buying an additional 421 shares in the last quarter. Danske Bank A S bought a new position in shares of Kemper in the third quarter valued at $36,000. Rockefeller Capital Management L.P. lifted its position in shares of Kemper by 616.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 814 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Kemper by 57.5% during the 4th quarter. UMB Bank n.a. now owns 1,388 shares of the insurance provider’s stock valued at $56,000 after acquiring an additional 507 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Kemper by 181.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,654 shares of the insurance provider’s stock worth $67,000 after acquiring an additional 1,067 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kemper

In related news, EVP Thomas Evans purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $26.53 per share, with a total value of $26,530.00. Following the completion of the purchase, the executive vice president owned 91,629 shares of the company’s stock, valued at $2,430,917.37. The trade was a 1.10% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen McAnena acquired 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average price of $26.50 per share, with a total value of $79,500.00. Following the completion of the acquisition, the chief executive officer owned 30,945 shares of the company’s stock, valued at $820,042.50. This represents a 10.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 14,000 shares of company stock worth $367,880 over the last 90 days. 0.61% of the stock is currently owned by insiders.

Kemper Stock Down 0.8%

NYSE:KMPR opened at $27.00 on Friday. The business’s fifty day moving average price is $28.15 and its 200 day moving average price is $29.00. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of -3.21 and a beta of 1.04. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.43. Kemper Corporation has a 1-year low of $22.69 and a 1-year high of $53.82.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. Kemper had a positive return on equity of 2.89% and a negative net margin of 10.84%.The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the company posted $1.30 EPS. The business’s quarterly revenue was down 10.8% compared to the same quarter last year. On average, sell-side analysts forecast that Kemper Corporation will post 2.02 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $1.28 dividend on an annualized basis and a yield of 4.7%. Kemper’s payout ratio is presently -15.24%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on KMPR shares. Wall Street Zen cut Kemper from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. Weiss Ratings lowered Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Zacks Research raised Kemper from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. TD Cowen decreased their target price on shares of Kemper from $81.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Finally, UBS Group dropped their target price on shares of Kemper from $44.00 to $43.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Kemper currently has a consensus rating of “Reduce” and an average target price of $43.25.

Kemper 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.