Kemper (NYSE:KMPR) Upgraded at StockNews.com

StockNews.com upgraded shares of Kemper (NYSE:KMPR) from a hold rating to a buy rating in a research note released on Monday.

Other equities research analysts have also recently issued research reports about the company. Piper Sandler increased their price target on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 target price on shares of Kemper in a report on Tuesday, October 15th. UBS Group increased their price target on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. Finally, Raymond James lifted their price objective on Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a report on Thursday, August 8th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $76.20.

Kemper Price Performance

Shares of NYSE KMPR opened at $66.23 on Monday. The stock has a 50 day moving average of $61.67 and a two-hundred day moving average of $60.75. The stock has a market cap of $4.24 billion, a P/E ratio of 15.77 and a beta of 0.85. Kemper has a twelve month low of $38.52 and a twelve month high of $67.60. 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 (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the business posted ($0.44) earnings per share. Kemper’s quarterly revenue was down 1.7% on a year-over-year basis. On average, research analysts forecast that Kemper will post 5.17 earnings per share for the current year.

Hedge Funds Weigh In On Kemper

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornercap Investment Counsel Inc. acquired a new position in Kemper during the 3rd quarter worth $238,000. Ferguson Wellman Capital Management Inc. bought a new position in Kemper during the 3rd quarter worth approximately $430,000. KBC Group NV grew its position in shares of Kemper by 24.2% in the 3rd quarter. KBC Group NV now owns 2,050 shares of the insurance provider’s stock worth $126,000 after acquiring an additional 400 shares in the last quarter. MQS Management LLC bought a new stake in shares of Kemper in the 3rd quarter valued at approximately $239,000. Finally, Aptus Capital Advisors LLC raised its position in shares of Kemper by 31.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 65,146 shares of the insurance provider’s stock valued at $3,990,000 after acquiring an additional 15,548 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

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.