Kemper (NYSE:KMPR) Trading Up 5.6%

Kemper Co. (NYSE:KMPR) shares traded up 5.6% on Wednesday . The stock traded as high as $61.73 and last traded at $61.72. 480,903 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 436,784 shares. The stock had previously closed at $58.46.

Analyst Ratings Changes

A number of research analysts recently commented on the company. UBS Group upped their target price on Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Monday, February 5th. TD Cowen assumed coverage on Kemper in a report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 target price on the stock. JMP Securities reiterated a “market outperform” rating and issued a $75.00 price target on shares of Kemper in a report on Monday, April 15th. Piper Sandler raised their price target on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. Finally, Raymond James raised their price target on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. One investment 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $70.40.

Kemper Stock Performance

The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of -13.51 and a beta of 0.91. The company has a fifty day moving average of $58.50 and a two-hundred day moving average of $51.93. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.20 and a current ratio of 0.20.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.21 billion. As a group, equities research analysts predict that Kemper Co. will post 4.22 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.24 annualized dividend and a dividend yield of 2.16%. Kemper’s payout ratio is -29.18%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KMPR. YHB Investment Advisors Inc. bought a new position in Kemper in the first quarter worth approximately $25,000. Blue Trust Inc. boosted its holdings in Kemper by 211.1% in the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 361 shares in the last quarter. CWM LLC lifted its holdings in shares of Kemper by 257.8% in the first quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Kemper in the third quarter valued at approximately $32,000. Finally, Quest Partners LLC bought a new stake in shares of Kemper during the 4th quarter worth $66,000. Institutional investors own 86.23% of the company’s stock.

About Kemper

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.